Skip to main content

Companies (Research And Development)

Volume 84: debated on Monday 21 October 1985

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Trade and Industry if he will introduce legislation to require companies to state in their balance sheets the amount of money that is spent by them on research and development.

I have no plans to do so at this stage. I will consider the position again following the review, by the Accounting Standards Committee of SSAP13, the accounting standard on research and development.