Brexit: The Erasmus and Horizon Programmes (European Union Committee Report)
Debate between Lord Krebs and Viscount Younger of Leckie
Viscount Younger of Leckie
The noble Baroness would not expect me to be able to give any particular reassurances, but my understanding is that the money would return to the Treasury. Then the question is what the Treasury would do. If I am wrong on that, I shall write, but I think that I should write in any case to provide clarification. That is the normal process.
Lord Krebs
I thank the Minister and am sorry to interrupt at this late hour. One of the questions that I ended with was about European Research Council grants being for blue-skies research. Can the Minister comment on the thinking, perhaps in Professor Sir Adrian Smith’s report, about what we would do nationally if we were not part of the ERC and whether it would be clear that any new scheme would be for blue-skies research rather than strategic or applied research?
Viscount Younger of Leckie
I am sure that question will somehow get back to Sir Adrian. Again, I will take it away and if there is an answer that I can give to the noble Lord in writing, I most certainly will.