Andrew Griffith
Main Page: Andrew Griffith (Conservative - Arundel and South Downs)Department Debates - View all Andrew Griffith's debates with the Cabinet Office
(1 year ago)
Commons ChamberThis Government have a fantastic track record of mobilising private investment in research and innovation, alongside delivering the largest ever public spending, which will reach £20 billion a year next financial year. In November, the global investment summit saw commitments to invest almost £30 billion in the UK, including the decision by Flagship Pioneering, one of the world’s leading life science investors, to have its first international base in the UK.
Hertford and Stortford lies at the heart of the innovation corridor, so private investment is very important to businesses in my constituency. Does the Minister have any assessment of the likely impact of the Mansion House reforms on that trend and the great track record of private investment?
Like its Member of Parliament, Hertford and Stortford is indeed innovative. The Mansion House reforms, which in my previous role I helped the Chancellor to deliver, will unlock an estimated £50 billion of investment to scale up high-growth companies across the whole United Kingdom, including in my hon. Friend’s constituency. That sits alongside our £250 million initiative for long-term investment for technology and science—LIFTS—which will focus particularly on British pensioners investing in long-term growth opportunities in tech and the life sciences. When it comes to British innovation, this Government are all in, and I hope that in 2024 financial institutions will be too.
In October, the Government announced the £60 million regional innovation fund to boost university support for regional economic growth. Wales was allocated £3.4 million through the Barnett formula. However, disappointingly, there is no evidence of that money having been spent on its intended purpose in Wales. What assistance can the Minister provide to encourage the Welsh Government to invest Wales’s proportion of the regional innovation fund in boosting the Welsh economy?
As my hon. Friend said, the recently announced regional innovation fund is providing £60 million of funding across the United Kingdom to harness the strength of our universities. It is intensely disappointing that the Labour Government in Wales have not seen fit to spend that in the same way. Ultimately, that is a decision for the Labour Government, and I am sure that the electorate will hold them to account for that.
Private investment will need to ratchet up significantly if it is to offset the loss to the research sector that we are seeing as international student applications plummet as a result of Government policy. What are the Minister and his colleagues doing to offset that decline in resources?
Once again, it is an enormous shame that the hon. Member for the wonderful cluster of Cambridgeshire is so keen to talk down the United Kingdom at every opportunity. This Government are mobilising more public funding for research and development than ever before, and mobilising private investment capital on the back of that—£2 for every £1 that the Government put in.
Yesterday I was talking to a Minister in the Lobby, and he referred to how impressed he was by the Northern Ireland workforce. I am equally impressed, as the Member for Strangford. When it comes to research and development across the United Kingdom, what is Northern Ireland getting to help our workforce grow, to train our people and to make us an integral part of this United Kingdom of Great Britain and Northern Ireland?
Having visited Northern Ireland, I am aware of just how innovative and highly skilled it is, and how much opportunity and headroom there is. It is very important to me, as the Minister for Science and Research, that Northern Ireland punches above its weight. I would be delighted to visit Northern Ireland to meet businesses, entrepreneurs and innovators there.
I hope that the hon. Members and their party will join me in celebrating just what a fantastic place the UK is for international researchers to work and live. We have one of the strongest science bases, the world’s leading universities and research institutions, and the largest ever public research and development budget. With our association with Horizon from the beginning of the year, we are central to global research collaboration.
This year, the Migration Advisory Committee will review the graduate immigration route. International research students who are currently doing PhDs in the UK are attracted to coming here because of the ability to stay on and work after completing their PhD. Will the Minister engage with the Home Office to confirm that research students who arrive in the UK this year will continue to be entitled to a period of post-study work?
In keeping the UK an open and welcoming place to do international research, in order to deliver the Prime Minister’s vision of being a science superpower, my colleagues and I regularly meet Home Office colleagues. The facts belie the hon. Gentleman’s question: 41% of postgraduate research in the UK today is being conducted by researchers who have come from overseas.
The Government’s recent spousal visa policy to increase the salary threshold is forcing academics and innovators to leave. I give the Minister the example of a British constituent of mine who is graduating from Oxford with a PhD, which is funded by UK Research and Innovation. His American wife, who is graduating from Bangor with a PhD, cannot live with him because the job he has been offered is paid well below the salary threshold. Why are the Government using taxpayers’ money to educate people to become highly qualified researchers if their immigration policy then forces them to leave?
A fair immigration policy is absolutely part of an open Britain. It is right that those who come here from overseas and live cheek by jowl with those who clean their labs, drive their local buses and empty their bins do their fair share in contributing to the UK economy.
Does my hon. Friend agree that one of the reasons—[Interruption.]
Does my hon. Friend agree that one of the great strengths of our rejoining Horizon and the other European programmes is that our expert researchers and top professors will lead research teams that attract researchers from across the world, including the EU? That is one way to retain researchers here.
My right hon. and learned Friend makes an apposite point. I would ask all Members of this House to go back to their constituencies and talk to local firms, innovators, clusters and universities to make sure the UK punches above its weight in the Horizon programme.
In my constituency, Phytome is a fantastic independent researcher of agro-pharmaceuticals. I invite the Minister to visit the firm one day. What more is he doing to ensure that we can attract the very best talent from around the world into life sciences, even in Cornwall.
I would be delighted to visit the innovative firm in my hon. Friend’s constituency. She will know about the global talent visa, which has seen a 76% rise in visas issued over the last year alone, welcoming the world’s best scientists to Britain’s science and technology superpower.
In advance of the Budget, what discussions has the Minister had with the Treasury regarding crucial funding for the development and uptake of human-specific technologies, as opposed to using 3 million animals for experimentation and research in the UK?
The day cannot come quickly enough when we are able to end the practice of animal testing. That day is not now, but this Government are committed to doing everything we can to bring forward and support the development of replacement technologies. The hon. Gentleman has my commitment that we will do that at the right pace.
Yes, I congratulate SaxaVord on achieving the necessary licences to pursue vertical launches from Scotland. I hope to see the success of that launch, as well as rocket boosters under the UK space programme in 2024.