Highlights

Business enterprise research and development, UK: 2016

What's in the bulletin?

  • Expenditure on research and development (R&D) performed by UK businesses continued to grow, expanding by £1.2 billion to £22.2 billion in 2016, an increase of 5.6%.
  • Motor vehicles and parts was the product group that had the largest growth in expenditure on R&D performed by UK businesses, of £562 million (20%).
  • London had the largest growth in regional business R&D expenditure, increasing by £404 million (21.4%) to £2.3 billion in 2016.
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    Policy makers are interested in identifying Science and Technology (S&T) businesses in official data sources to better understand the contribution that they make to the economy. This article proposes a classification for S&T and for sub-categories such as Life Sciences and Digital Technology, based on the UK Standard Industrial Classification of Economic Activities (SIC) 2007. It includes practical examples and explanations of how to use the approach with different data sources

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