The Council for Science and Technology (CST) have issued new advice to the Prime Minister on how science and technology can help level up the country. The Government’s levelling up agenda is aimed at addressing regional economic disparities in the UK and promoting equality of opportunity.
The Council for Science and Technology, in a letter sent to the Prime Minister in June 2021, provided advice on how to both maintain and enhance the UK’s status as a global technology and scientific superpower.
To secure the UK’s status as a science and technology superpower by 2030, the letter recommends:
- Increasing investment in science, engineering and technology, sustainably, by at least 50%;
- Encouraging business and industry to increase their investment from 55% to 75%, by providing leadership and incentives;
- Decisions on where to prioritise resources should take into account both our potential competitive advantage while also considering how much risk should be borne by the Government;
- Joining up all Government research efforts to integrate research, innovation and growth investment;
- Strengthening our skills in research and innovation while also attracting talented people into the industry from around the world;
- Enhancing both domestic and international research and innovation partnerships to confront security threats and solve global challenges such as climate change and pandemics.
CST states that success in enhancing the superpower status of the UK in technology and science has numerous benefits for the UK, including attracting the best talent, reinforcing our security and driving prosperity.
The letter argues that a Government commitment to securing the UK’s status as a science and technology superpower would send positive signals to innovators, investors and businesses in the field. Along with offering clarity on where to invest time and money.
Read the full letter here.