. introduce tax and investment incentives for high-intensity R&D industries such as:
. a bespoke R&D tax credit for companies in sectors that fall within the ‘families of UK strength and opportunity’ as set out in the Innovation Strategy.
. full expensing for non R&D plant and machinery, in addition to structures and buildings, for key sectors.
. establishing an Emerging Technologies Strategic Investment Fund (ETSIF) within the British Business Bank to court international capital for the UK’s emerging technology industries
Improve the immigration system for highly skilled STEM graduates and emerging technology firm workers.
Add flexibility to the planning system to encourage the construction of scientific infrastructure such as laboratories and manufacturing plants.
Strengthen the focus on semiconductor policy within Whitehall.
