(1 month ago)
Commons ChamberWe want to boost investment in innovation and enable people in all regions of the UK to benefit from an innovation-led economy. That is why the spending review supports the UK’s research and development ambition, with total Government investment in R&D rising to a record £20.4 billion in 2025-26. That allows us to extend innovation accelerators for another year, which will continue to bolster the west midlands’ high-potential innovation clusters, fund the Midlands Industrial Ceramics Group through the Strength in Places fund, and support the region’s investment zone.
Last month, alongside Richard Parker, the Mayor of the West Midlands, I was lucky enough to join Halesowen college as it opened its new digital and media campus at Trinity Point. Does the Minister agree that excellent institutions such as this are fundamental to supporting innovation across our region, and would she be so kind as to visit us at some point in the near future?
I agree with my hon. Friend that educational institutes are crucial to innovation. Halesowen college is one of five colleges across the region using the further education and innovation fund to support innovation and technical excellence within the local community. Such facilities and expertise will help businesses to develop a workforce with skills and take advantage of that. I would be delighted to visit the Trinity Point college if the opportunity arises.