In 2024, the forecast for R&D Total Current Costs in the UK is 93.17 of Total GERD, marking an increase from the previous years. From 2024 to 2028, a steady year-on-year growth is projected, with costs anticipated to reach 95.34 by 2028. Although each year reflects incremental growth, variations have remained relatively modest, with expected average growth per annum remaining under 1% over the five-year period.
Future trends to watch include:
- Shifts in government policy affecting R&D investment.
- Technological advancements driving new areas for R&D expenditure.
- Economic factors influencing funding availability.
