(4 years, 9 months ago)
Commons ChamberI thank the hon. Member for that question. We have united Departments across Government to develop a UK space strategy, which will help the UK lead the way in this fast-growing area and create thousands of jobs across the country. Our space strategy will support cutting-edge space science and technologies and foster world-leading British innovation.
Nearly half the core research and development budget is spent in just three cities—Oxford, Cambridge and London—and yet for every pound of private investment that such spending leverages in London, we get £3 in the east midlands and £5 in the west midlands. Does the Minister agree that, if we are going to level up, we need a fairer division of spending on R&D?