(1 year, 2 months ago)
Commons ChamberTo support innovation across the whole of the UK, a central pillar of our innovation nation mission, the UK Government are investing £52 billion in public research and development over these next three years. We have made a groundbreaking commitment in the levelling up White Paper to increase the percentage of Government R&D outside of the greater south-east, which is, of course, home to some of our historic research institutes, by 40%. We have an active programme—through the Catapults, the innovation accelerators and cluster support—all around the UK to that end.
Innovation is in the DNA of the businesses in my constituency, including Surespan, a leading manufacturer of roof access hatches, and Phoenix Tooling and Development—after all, our region was the birthplace of the industrial revolution. I support the Government’s levelling-up mission, but will the Minister bring forward individual regional targets for rebalancing research and development funding, as recommended by a House of Lords Committee report?