research and development (10)

Understanding the innovation funnel and its stages

Innovation is fundamental to business success. We can’t simply regenerate the same ideas into our processes and expect new results. Fresh thinking and creativity are what make a business stand out amongst competitors, and create sales and tangi...

Alexander Clifford · 27 March · 1

The future of financial technology (FinTech): Trends and Predictions

Through the adoption of innovative technologies, the financial sector is undergoing a digital transformation that achieves efficiency, increased accessibility, and economic growth. This increased digitalisation is being powered by financial technolog...

Alexander Clifford · 01 February · 1

Understanding the role of R&D in the pharmaceutical industry

The pharmaceutical industry relies on innovation to address evolving health challenges, discover novel treatments, and improve patient outcomes. That’s why R&D plays a crucial role in finding new or improved ways to optimise therapeutic approac...

Alexander Clifford · 22 January · 1

Understanding the role of R&D in the engineering industry

R&D tax credits offer an unmissable opportunity to the engineering industry for businesses that are involved in innovation and technological advancement. As the industry grapples with ever-evolving challenges and opportunities, understanding the pivo...

Alexander Clifford · 16 January · 3

Understanding the role of R&D in the food and beverage industry

Within the ever-evolving realm of the food and beverage industry, Research and Development (R&D) stands as a pivotal force, driving innovation, addressing challenges, and reshaping the landscape of what we consume. Despite this, awareness of the oppo...

Alexander Clifford · 11 January · 1

Understanding the role of R&D in the construction industry

In the intricate world of construction, Research and Development (R&D) stands as a cornerstone for transformative progress and innovation. From pioneering new materials to refining building processes, R&D in the construction industry plays a pivotal...

Alexander Clifford · 08 January · 1

Understanding the role of R&D in the manufacturing industry

Research and Development (R&D) plays a pivotal role in the manufacturing industry, serving as the engine that drives innovation, technological advancement, and overall progress. That’s why this industry makes up one of the highest proportions o...

Alexander Clifford · 04 January · 1

Understanding the role of R&D in the software development industry

Businesses are increasingly utilising and expanding their technical activity to keep up with the pace of digital transformation, provide a competitive edge, streamline operations, and reduce operational costs. R&D in software development is transform...

Alexander Clifford · 03 January · 1

Understanding the role of R&D in agriculture industry

With the news reporting on record-high temperatures, labour shortages, and a growing population to feed, R&D in agriculture offers an opportunity to flourish. A successful R&D claim can provide the financial boost needed to drive the agriculture indu...

Alexander Clifford · 28 December 2023 · 1

An outlook of HMRC R&D tax credit statistics 2023

It’s been an incredible financial year for R&D; innovative projects across the United Kingdom have truly taken off and grown tremendously, fuelled by the cash injection from R&D tax credits for SMEs and large companies. The newly published HMRC...

Alexander Clifford · 27 December 2023 · 1