Is the Labour government holding UK innovation back?

An independent watchdog has said that the government should give the UK’s largest single public fund for scientific and technological research more deadlines and clearer targets in order for projects to succeed. The National Audit Office (NAO) said the government should better communicate its policy priorities to UK Research and Innovation (UKRI), which has a budget of around £10bn, through ranking proposals and providing a clearer “overall picture” of objectives It also recommended that the government set time limits on how long projects take to be completed, claiming there was little specificity in the UKRI’s first five-year strategy. The UKRI is sponsored by the Department for Science, Innovation and Technology (DSIT), which gave it six strategic objectives in 2018, which included investing in a greener future, improving health and boosting national security. Click the link in our bio to get more of the story 🔗 #news #uk #tech #technews #technology #science #innovation #research #investment #labour #labourparty #economy #economics #government #governmentfunding #politics #politicalnews #finance #financialnews #business #businessnews