Quantum Technology

Lord Birt Excerpts

Tuesday 24th February 2026 Lords Chamber

[Lord Vallance of Balham (Lab)]

I absolutely acknowledge the concern of a particular branch of physics—particle physics and astronomy—which has historically been placed under the Science and Technology Facilities Council. That is a bit of an odd situation, because it means its funding is traded off against facilities. That is exactly what is being looked at, at the moment. My number one priority for UKRI is to protect and grow investigator-led, curiosity-driven research, because that is the very thing that will give us the advantage in 10, 20 or 30 years. There is a very clear instruction that we are going to protect that. At the moment, UKRI is looking at the impacts of potential changes to funding, but no decisions have been made on that yet. I recognise the problem.

[Lord Birt (CB)]

My Lords, quantum technology is possibly, indeed probably, the most disruptive and transformational technology yet invented by mankind. Thankfully, with our world-leading science base, the UK already has the second-highest number of start-ups working in this sector. Thankfully too, we definitely have a considered embryonic national strategy, which the Minister has outlined. Nevertheless, is it not inevitable —we can see it happening already—that the UK will soon be outspent by the US, China and the EU? Do we not need continuously to recalibrate our strategy?

[Lord Vallance of Balham (Lab)]

The noble Lord is right. About 11% of all companies in the world in quantum are in the UK. We are second in investment, but this is a race, others are spending huge amounts of money here and many of our companies look pretty attractive. That is why we have a series of programmes, not just funding at the front end to keep grant funding and other support but thinking about how we get pull-through into procurement. That is what will keep these companies here, allow them to grow here and allow them to have the export opportunities. I look at this on a daily basis. This is a critical technology, a big growth opportunity for the UK and one where we have years of advance progress putting us at the leading edge. Over the past 60 years or so, as a country we have not done well at making sure we scale and keep companies and new technologies. We must do everything we can to achieve this in quantum.