Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Stephen Metcalfe Excerpts
Tuesday 16th June 2015

(9 years, 4 months ago)

Commons Chamber
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Damian Hinds Portrait Damian Hinds
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The coalition Government had a very strong record on extending childcare, and we are going to go much further in this Parliament with the extension from 15 to 30 hours of childcare for the three and four-year-old children of working parents, the introduction of tax-free credits and the further extension of childcare provision under universal credit when that migration happens.

Stephen Metcalfe Portrait Stephen Metcalfe (South Basildon and East Thurrock) (Con)
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14. What his policy is on the future ring-fencing of the science budget.

Greg Hands Portrait The Chief Secretary to the Treasury (Greg Hands)
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We committed in our manifesto to protect the science capital budget of £6.9 billion up to 2021. Decisions on the wider science budget will take place in the spending review.

Stephen Metcalfe Portrait Stephen Metcalfe
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I was grateful to my right hon. Friend the Chancellor of the Exchequer for protecting the science budget during the last Parliament, but the flat cash settlement agreed in 2010 is now worth 15% less than it was then. Will the Minister agree to look at that and at least make good that loss when preparing the Budget and going into the spending review, so that our excellent science base can play its full part in delivering our long-term economic plan?

Greg Hands Portrait Greg Hands
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I once again congratulate my hon. Friend on his excellent election result in Basildon. I note that, to date, he has served five years on the Science and Technology Committee, so there cannot be many in the House who take a stronger interest in the matter. He will know that our capital funding for science almost doubled in the last Parliament, and that we take science very seriously. Wider decisions on science funding will be dealt with in the spending review.