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Ibec calls for increased R&D investment in budget submission

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Business group Ibec has called on the Government to increase investment in research and development and to bring forward planned investment in childcare.

The proposals are contained in Ibec's Pre-Budget Submission, published today. Ibec's pre-Budget submission contains a range of proposals which it believes will bolster the economy's competitiveness as it emerges from the pandemic.

It supports the increase in the Government's capital spending plans but warns they will only be sustainable if the conditions are right for businesses to continue to grow.

The business group said it wants an increase in incentives for investment in research and development, particularly for small and medium sized companies.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
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Brazil
Brazil
Cases: 21 835 785
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Recovered: 0
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
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Deaths: 237 619
Recovered: 0
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