What do sex toys, architects and vineyards have in common? They are all sectors that could be claiming for Research and Development Tax Credit, according to R&D specialists RIFT Research and Development. We look at the top industries that could do with making the most of what the Government has to offer.
Here’s how you can use the government’s R&D tax credits scheme as a launchpad for your new business, writes CEO at Myriad Associates, Barrie Dowsett.
The UK food and drink sector is set to boom beyond its current £79bn of sales, driven by opportunities including worldwide export of products.
Business secretary Greg Clark commits £15m worth of government backing to support the innovation of 125 British R&D projects.
During a visit to Jaguar Land Rover's Midlands engine plant, George Osborne revealed a £16.6m fund for the automotive company to lead a research and development effort that can lead to 200 local manufacturing jobs.
With a report on research funding claiming Britain has been "shackled" by under-investment in science, MPs have called for chancellor George Osborne to use this month’s spending review to raise investment in the sector.
A new £2m fund is aiming to help innovative companies innovate and get products to market – with some of the early recipients building out offerings in the space sector.
The main focus at this time of year in Edinburgh is usually on the comedians, actors and magicians at the Scottish capital’s annual festival. But another stunning performance has come from the bright entrepreneurial minds at the University of Edinburgh, which has seen a record number of companies being formed on campus in the last 12 months.
A £10m Internet of Things (IoT) competition has been launched by the British government, which plans to use the fund as a hook for UK businesses and cities to “revolutionise” the way the tech can be of benefit to the public.
Economists have long proposed many channels through which education may affect growth, but with the UK's universities being under threat from international rivals and global businesses starting to pick up speed, now might be time to start listening.
In 2014, Cambridge University advertised for a doctor of chocolate to study how and why the substance melted. Now the university is set to get a professor of Lego to develop methods for and understand the way children gain their life skills.
Chancellor George Osborne spoke of the importance of research and development during today's Autumn Statement, increasing R&D tax credits for SMEs to 230 per cent.