Science, innovation and technology Committee

Debate between Meg Hillier and Chi Onwurah

Thursday 9th July 2026 Commons Chamber

[Dame Chi Onwurah]

I thank my hon. Friend and Select Committee Chair for that excellent question, and congratulate Scotland on the proposed launch. The Committee chose space as one of the lenses through which to look at science diplomacy and all the issues associated with it. Though we did not recommend a Minister for space per se, evidence to the Committee highlighted the confusion about where the responsibility for space lies. Space is increasingly important in defence, and it is an area in which we already see covert, and sometimes explicit, conflict. There is a huge defence programme to consider. It is economically incredibly important as well; we see the role of Starlink and other private sector providers in Ukraine in supporting communications, and the roll-out here. This issue is also important when it comes to negotiations on space debris and all sorts of matters, and it relates to planning permission and domestic issues as well. My hon. Friend is certainly right to advocate for greater clarity on the responsibilities for space.

[Dame Meg Hillier (Hackney South and Shoreditch) (Lab/Co-op)]

I am proud to represent Shoreditch, which has a lot of tech start-ups, so I welcome my hon. Friend’s report. Following on from the question from, and answer to, my hon. Friend the Member for Glasgow South (Gordon McKee), will she expand on how we can get that money into tech businesses, so that they can grow and develop? A lot of my businesses find that the machinery of Whitehall is slow and clunky, and they can get better investment quicker from other jurisdictions and sources. What does my hon. Friend hope that the Government can do, in relation to setting up the new fund that her Committee proposes? Does she have any faith that the Government will be able to move at the pace needed for those tech companies to grow, and to stay in the UK?

[Dame Chi Onwurah]

I thank my hon. Friend and Chair of the Treasury Committee for her question. She highlights one of the principal concerns regarding technology-driven growth, which we reported on in our report “Flying blind: innovation, growth and the regions”: the access to capital, particularly for the kind of tech start-ups that we are discussing, which require long-term investment.

One thing we should regret most is DeepMind going to the US to form Google’s excellent AI base, rather than remaining as a UK-owned company.

How can we get better long-term investment? I recommend encouraging the growth of specialist funds with deep sectorial expertise. In achieving investment goals, we cannot get around the need to have technological knowledge and to attract international talent and technology leaders. The Government should also use their procurement of UK start-ups and scale-ups, because nothing is so valuable to a company as an actual contract signed with the Government, who are generally known to pay on time.