The cuts in Britain’s research spending of recent years may be coming
to an end. A government survey shows that in 1992, Britain spent £12.6
billion on research and development.
Cuts in defence spending were balanced by increases in civil spending,
leaving expenditure the same as in 1991 after allowing for inflation. As
a percentage of Britain’s GDP, spending fell slightly from 2.13 per cent
to 2.12 per cent.
