UK's top 1,000 companies invest £25.3bn in R&D

The R&D Scoreboard, published by the Department for Business, Innovation and Skills (BIS), is an annual investigation of the top 1,000 UK and top 1,000 global corporate investors in research and development.

According to the report, the amount spent by the listed UK companies decreased by 0.6 per cent in 2009, despite the economic downturn.

The decrease was largely due to lower spend by firms in the fixed-line telecommunications, banking, aerospace and defence sectors, the report found.

It was also revealed that the most active companies − the top 10 per cent of the 1,000 best-performing companies − carried out 80 per cent of R&D.

Globally, the 1,000 companies most active in R&D spent a combined £344bn − a decrease of 1.9 per cent year on year. The 50 UK companies in this group also decreased their R&D investment by one per cent overall.

But the UK is still one of the five leading nations when it comes to R&D. Approximately 78 per cent of R&D occurs in the US, Japan, Germany, France and the UK, according to the report.