Oral Answers to Questions Debate
Full Debate: Read Full DebateDepartment: Department for Business and Trade
Andrew Murrison
Main Page: Andrew Murrison (Conservative - South West Wiltshire)Department Debates - View all Andrew Murrison's debates with the Department for Business and Trade
(1 day, 11 hours ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Chris McDonald
I thank my hon. Friend for his work in establishing the all-party parliamentary group on quantum technologies. He is right to identify these technologies as very important for the future, and to put his finger on the particular problem that we have in the UK: while we are brilliant at innovating and investing in research, we have historically struggled with scale-up. That is not something that this Government are prepared to accept. Just as we are investing in critical minerals and automotive connected mobility technologies, we are investing in this area. The British Business Bank is doubling its annual investments to ensure that we can support scale-up and bring forward at least 10 new-to-market growth-stage funds so that we can leverage pension investments and help British businesses to stay and grow in the UK.
Dr Andrew Murrison (South West Wiltshire) (Con)
An increase in private sector investment is being seriously held back by the failure of the Government to publish their defence investment plan. Has the Minister any idea when this much-awaited document will hit the streets?