“The EU invests £11bn a year on manufacturing innovation programmes of which 15% are invested here in the UK.”

—  Tom Watson (Labour politician)

Reality Check: Does the UK get 15% of EU R&D funding? https://www.bbc.co.uk/news/uk-politics-eu-referendum-35998394 BBC News (8 April 2016)
2016

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The EU invests £11bn a year on manufacturing innovation programmes of which 15% are invested here in the UK." by Tom Watson (Labour politician)?
Tom Watson (Labour politician) photo
Tom Watson (Labour politician) 12
British politician 1967

Related quotes

William Stanley Jevons photo

“One pound invested for five years gives the same result as five pounds invested for one year, the product being five pound years.”

William Stanley Jevons The Theory of Political Economy

Source: The Theory of Political Economy (1871), Chapter VII, Theory of Capital, p. 190.

Theresa May photo

“We will be out of EU programmes that do not work in our interests: out of the Common Agricultural Policy that has failed our farmers and out of the Common Fisheries Policy that has failed our coastal communities. EU citizens who have built their lives in the United Kingdom will have their rights protected, as will UK citizens living elsewhere in the EU.”

Theresa May (1956) Prime Minister of the United Kingdom

Reality Check: Theresa May's Brexit letter https://www.bbc.co.uk/news/uk-politics-46344443 BBC News (26 November 2018)
2010s, On Brexit

Mitt Romney photo

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit.”

Mitt Romney (1947) American businessman and politician

CD-ROM marking 25th anniversary of Bain & Company, quoted in * 2012-09-27
Corn
David
w:David Corn
New Romney Video: In 1985, He Said Bain Would "Harvest" Companies for Profits
Mother Jones
http://www.motherjones.com/politics/2012/09/1985-romney-bain-harvest-firms-profits-video
2012-10-03
1985

William Stanley Jevons photo

“What capital I give for the spade merely replaces what the manufacturer had already invested in the expectation that the spade would be needed.”

William Stanley Jevons The Theory of Political Economy

Source: The Theory of Political Economy (1871), Chapter VII, Theory of Capital, p. 188.

“If profits are a condition of successful growth, but profits are sought primarily for the sake of the firm, that is, to reinvest in the firm rather than to reimburse owners for the use of their capital or their 'risk bearing,' then, from the point of view of investment policy, growth and profits become equivalent as the criteria for the selection of investment programmes.”

Edith Penrose (1914–1996) economist

Source: The Theory of the Growth of the Firm, 1959, p. 30

Charlie Munger photo

“Our investment style has been given a name - focus investing - which implies ten holdings, not one hundred or four hundred. The idea that it is hard to find good investments, so concentrate in a few, seems to me to be an obvious idea. But 98% of the investment world does not think this way. It's been good for us.”

Charlie Munger (1924) American business magnate, lawyer, investor, and philanthropist

Poor Charlie's Almanack, p. 100

“We know that investment causes growth. But it is also true that growth causes investment.”

Jim Stanford (1961) Canadian economist

Part 3, Chapter 12, Investment and Growth, p. 144 (See also: Government spending.)
Economics For Everyone (2008)

Joan Robinson photo

“It is the rate of investment which governs the rate of saving, and not vice versa.”

Joan Robinson book An Essay on Marxian Economics

Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter VIII, The General Theory of Employment, p. 66

“Enormous resources are invested in pseudoscience that could be better invested in improving the health and education of the public.”

Mordechai Ben-Ari (1948) Israeli computer scientist

Source: Just a Theory: Exploring the Nature of Science (2005), Chapter 5, “Pseudoscience: What Some People Do Isn’t Science” (p. 95)

John Kenneth Galbraith photo

“I am worried about our tendency to over invest in things and under invest in people.”

John Kenneth Galbraith (1908–2006) American economist and diplomat

Related topics