§ 30. Mr. Peter Lloydasked the Secretary of State for Industry how much public and private sector expenditure there has been on United Kingdom industrial research and development over the last four years.
§ Mr. Kenneth BakerIn 1978, the only year since 1975 for which the data are available, expenditure on industrial research and development carried out within or financed by the private sector was nearly £2,400 million. Some £1,600 million of this came from the private sector, with the other £800 million from the public sector. In addition, there was nearly £200 million spent by central Government on R and D in support of industrial programmes.