UK Prime Minister Announces Post-Brexit Boost for Science R&D


November 21, 2016

UK Prime Minister Theresa May has outlined a £2 billion ($2.47 bn) annual fund for scientific research and development in the UK, as well as a review of tax incentives - giving Britain the lowest corporation tax in the world's top 20 economies - for innovative companies in an effort to boost the technology industry.   In a speech at today’s annual Confederation of British Industry conference in London, May announced increases in government investment worth £2bn a year by 2020 and a new Industrial Strategy Challenge Fund to back priority technologies, such as robotics and biotechnology, The Guardian reports.   The Guardian:   The Telegraph:

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