(8 years, 1 month ago)
Commons ChamberI can reassure my right hon. Friend that the Government remain extremely interested in life sciences opportunity zones and that we were extremely impressed by the leadership that Charnwood campus has shown in preparing its bid, which has great potential. I am assured that my colleague, the Minister for Universities and Science, is well aware of the bid and expects to make an announcement shortly.
So advanced is UK innovation and scientific knowledge that, prior to the referendum, this country made £3.5 billion more in grants for science and innovation than it put into EU funds. That is now all up in the air, and there is despair in some areas of UK science about the disentanglement that Brexit will cause and the threats to integrated innovation and science budgets. What can the Minister say to reassure us? What is the plan?
The hon. Lady makes an extremely important point about the funding for science research and innovation in this country. I think that she recognises that the science research budget has been protected in real terms, which is an extremely important commitment. We understand fully the concerns of the science community, which have been expressed to us clearly. Again, it is our responsibility to engage with those concerns and represent them. I can assure her that it is clear to us that science research and innovation is at the heart of our industrial strategy.