Mr Mandelson to speak at Winning Competitive Advantage through Research and Development conference

Mr Mandelson was expected to spell out to business leaders and scientists the advantages of undertaking research in the UK, and how UK-based research could serve as a springboard to global competitiveness at the conference Winning Competitive Advantage through Research and Development, this week.

He was expected to say that business spending on R&D in the UK was falling relative to its competitors and that this must be reversed.