UK telecoms industry boasts fastest growing R&D spend of any sector

The telecoms industry is the UK’s fastest growing sector when it comes to spending on R&D, the latest ONS data has revealed. Telecoms businesses increased their spending on research and development by £192m to £947m, according to the latest statistics1 for 2018 released last week. This was a rise of 25.4%, taking it to a four-year high. … Continue reading UK telecoms industry boasts fastest growing R&D spend of any sector