§ 44. Mr. Nigel GriffithsTo ask the Chancellor of the Duchy of Lancaster what steps he is taking to promote United Kingdom spending on civil research and development.
§ Mr. ButcherIn encouraging enterprise, the Government's main aim has been to establish a favourable economic climate with low inflation and taxes. In this way, the health and profitability of companies and their ability to increase their own spending on research and development have been facilitated. On further specific measures aimed at encouraging R and D, my right hon. and noble Friend, the Secretary of State for Trade and Industry, and I are currently reviewing all aspects of our Department's innovation policy. I hope to be in a position to make a statement on the outcome of our review early in the new year.