R&D SPENDING


• Prior to a drop in R&D expenditure in 2017, R&D by aerospace companies in the UK had been increasing year on year. Spending has picked up since, as shown in the table below


R&D spending by manufacturing sector (£m), UK


1,000 2,000 3,000 4,000 5,000 6,000


0 2010 2011 2012 2013 Chemicals Transport Aerospace Electrical


Mechanical 2014 2015 2016 2017 2018


• R&D expenditure by UK aerospace companies is substantial, as the graph below shows. Although aerospace R&D spending is surpassed to a significant extent by chemicals and transport companies, R&D spend within aerospace remains in the region of £1.7 billion a year.


Expenditure on R&D performed in UK businesses, 2018


1,000 2,000 3,000 4,000 5,000


0


23


Food, drink & tobac. Petrol & coke prod. Chemicals Pharma Fab. Metal Machinery Computers Electrical


Electronics & comms. Optical & photo equip. Automotive Shipbuilding Aerospace Construction


Wholesale & retail Telecomms Computer prog. Software dev. R&D services


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