The forecast for business enterprise expenditure on R&D in the UK aerospace industry, expressed as a percentage of GDP, remains stable at 0.071% from 2024 to 2025, then slightly decreases to 0.07% from 2026 to 2028. This reflects a minimal decline in allocated GDP percentage, indicating a plateau in investment intensity relative to the country's economic growth, contrasting with the previous stability up to 2023.
Future trends to watch for:
- Potential shifts in government policies or economic conditions affecting R&D budgets.
- Emerging technologies or initiatives that could spark renewed investment growth.
- The impact of global competition on the UK's aerospace R&D expenditure.