A year since Labour’s historic landslide, is the government doing enough to back British business? Mark Smith, UK & Ireland Managing Director at Ayming, argues that while the intent is there, Labour must accelerate the pace of delivery on innovation and reform if it’s serious about driving meaningful economic growth.
For the UK, innovation has become a top priority. Indeed, adapting to the coronavirus economy is the most important objective for most businesses and those that innovate successfully will thrive. However, R&D has become a much more public discussion over the past few weeks. In the recent Budget, the Government put significant emphasis on increasing R&D activity. It recognises that the UK could be more of a global innovation hub.
