A supportive environment

A supportive environment

As the UK’s seat of government, London offers access to policymakers and regulators such as the MHRA and UKHSA, which support the commercial success of the life sciences sector. The Mayor of London is committed to the success of the city’s life science sector.

19%

UK small business corporation tax rate, the lowest in the G20, and a generous R&D tax credits system

2.4%

of GDP to be invested in UK R&D by 2027

With pharmaceuticals consistently the highest sector for R&D investment

1st in the world

to approve a new COVID-19 vaccine

£650m

investment pledged for UK life sciences through the “Life Sci for Growth” strategy

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