Research: Finance

(asked on 30th October 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to paragraph 3.19 of the Autumn Budget 2024, HC 295, published on 30 October 2024, if she will publish an allocation breakdown of the £20.4 billion spending on research and development for 2025-26.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 4th November 2024

To fully harness the potential of the UK's excellent science base and to foster a dynamic investment economy, the Budget protects record levels of government research and development (R&D) investment with £20.4 billion allocated in 2025-26. This is allocated as per the table below.

Department

25-26 R&D*

DSIT

£13,936m

DHSC

£2,036m

MOD

£1,685m

DESNZ

£730m

DEFRA

£512m

SIA

£439m

FCDO

£335m

DBT

£329m

DfT

£154m

DCMS

£63m

DfE

£50m

HO

£45m

DWP

£39m

MHCLG

£9m

FSA

£8m

MOJ

£3m

HMRC

£2m

HMT

£1m

TOTAL

£20,376m

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