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1. • £17.5 billion

     • It’s common for over half of a university’s income to be spent on teaching and research. This is by far the biggest expenditure for most institutions. In 2019/20, roughly £17.5 billion went towards direct teaching and research activity.
     www.whatuni.com/advice/money/how-do-universities-spend-your-money/66651/

     How do universities spend your money? - Whatuni

2. People also ask

   How much money does the UK spend on research & development?

   • 1. Main points Expenditure on research and development (R&D) that was performed in the UK (in current prices) was £61.8 billion in 2020; this was an increase of £2.1 billion since 2019 and £3.4 billion since 2018, which is the first period available using improved methodology.

   Gross domestic expenditure on research and development, UK: 2020

   www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure/bulletins/ukgrossdomesticexpenditureonresearchanddevelopment/2020

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   How much money does the UK spend on research & innovation?

   • The government sector, including UK Research and Innovation, performed £3.1 billion (5% of the UK total) and the private non-profit sector performed the least at £0.8 billion (1%).

   Gross domestic expenditure on research and development, UK: 2020

   www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure/bulletins/ukgrossdomesticexpenditureonresearchanddevelopment/2020

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   What is gross domestic spending on research & development (R&D)?

   • Gross domestic spending on research and development (R&D) is the total expenditure (current and capital) on R&D in a country.

   Gross domestic spending on R&D - OECD

   www.oecd.org/en/data/indicators/gross-domestic-spending-on-r-d.html

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   How much does the UK spend on R&D in 2022?

   • Expenditure on research and development (R&D) performed in the UK was £70.7 billion in 2022 (in current prices), an increase of £4.4 billion since 2021 and £12.4 billion since 2018, which is the first period available since the redevelopment of R&D statistics began.

   Research and development expenditure - Office for National Statistics

   www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure

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   Who funds research and development in the UK?

   • Research and development in the UK carried out or funded by business enterprises, higher education, government (including research councils) and private non-profit organisations. What's in the bulletin?

   Research and development expenditure - Office for National Statistics

   www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure

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   How much money does the higher education sector spend on R&D?

   • Therefore, the estimates of R&D performed by the sector have been revised, from £8.7 billion to £14.0 billion in 2018 and from £ 9.1 billion to £14.0 billion in 2019. The new TRAC measure uses different definitions for the business and overseas sectors when measuring funding flows into the higher education sector.

   Gross domestic expenditure on research and development, UK: 2020

   www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure/bulletins/ukgrossdomesticexpenditureonresearchanddevelopment/2020

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3. www.ons.gov.uk › researchanddevelopmentexpenditureResearch and development expenditure - Office for National ...

   www.ons.gov.uk › researchanddevelopmentexpenditure

   • Cached

   Expenditure on research and development (R&D) performed in the UK was £70.7 billion in 2022 (in current prices), an increase of £4.4 billion since 2021 and £12.4 billion since 2018, which is...

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4. www.ons.gov.uk › economy › governmentpublicsectorandGross domestic expenditure on research and development, UK ...

   www.ons.gov.uk › economy › governmentpublicsectorand

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   Expenditure on research and development (R&D) performed in the UK was £70.7 billion in 2022 (in current prices), an increase of £4.4 billion since 2021 and £12.4 billion since 2018, which is...

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     Accounting for Research and Development Costs Example

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     Research and Development (R&D) Expenses: Definition and Example

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     Accounting for Research and Development Costs

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6. www.ons.gov.uk › economy › governmentpublicsectorandGross domestic expenditure on research and development, UK ...

   www.ons.gov.uk › economy › governmentpublicsectorand

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   Nov 22, 2022 · Expenditure on research and development (R&D) that was performed in the UK (in current prices) was £61.8 billion in 2020; this was an increase of £2.1 billion since 2019 and £3.4 billion...

7. www.universitiesuk.ac.uk › latest › insights-andWhat does the Spending Review 2021 mean for university ...

   www.universitiesuk.ac.uk › latest › insights-and

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   Nov 3, 2021 · We were very pleased to see the continued commitment to increasing public spending on research, innovation, enterprise and development. The £22 billion target will be met two years later than we asked for, however public R&D investment will still increase to £20 billion by 2024−25.

8. www.gov.uk › government › statisticsResearch and development expenditure by the UK government ...

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   • Overview
   • Research and development expenditure by the UK government: 2021
   • Details

   Research and development and related expenditure by UK government departments, research councils and higher education funding councils. Formerly released as UK government expenditure on science, engineering and technology (SET).

   See full list on gov.uk

   https://www.ons.gov.uk/releases/researchanddevelopmentexpenditurebytheukgovernment2021

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   Official statistics are produced impartially and free from political influence.

   Published 7 April 2023

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   See full list on gov.uk

9. www.gov.uk › government › statisticsGross domestic expenditure on research and development, UK ...

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   Nov 17, 2022 · Annual estimates of research and development performed and funded by business enterprise, higher education, government, UK Research & Innovation and private non-profit organisations.

10. www.oecd.org › gross-domestic-spending-on-r-dGross domestic spending on R&D - OECD

    www.oecd.org › gross-domestic-spending-on-r-d

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    Gross domestic spending on research and development (R&D) is the total expenditure (current and capital) on R&D in a country. Research and development comprise creative work undertaken on a systematic basis to increase the stock of knowledge, and the use of this knowledge to devise new applications. This indicator includes R&D carried out by ...