HC Deb 27 January 1955 vol 536 c41W
55. Mr. Willey

asked the Chancellor of the Exchequer what steps are being taken by Her Majesty's Government to ensure that an adequate proportion of the income of industry is devoted to research and development.

Mr. H. Brooke

The vital importance of scientific research is recognised by the special allowances given for tax purposes. In addition, the Department of Scientific and Industrial Research and other Departments are continuously concerned in encouraging research and development by industry. The Department of Scientific and Industrial Research assists co-operative industrial research associations by grant aid related to the amount of money contributed by industry.