---

Planning and Energy Bill

It is important that we get the facts right. The Financial Times publishes investment in research and development and it shows that our Government invest more than other Governments across Europe—and including America now. The failure is in the private sector, where businesses and other concerns do not put enough of their own profits back into research. That is the gap that we need to address. It is not fair simply to say that the Government do not invest as much in research and development as other countries. We must look at where investment comes from, and that is a complex issue.