Industry

(asked on 5th January 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of no deal with the EU on (a) the implementation of the industrial strategy and (b) the ability to secure private research and development investment to achieve the target set out in that strategy.


Answered by
Sam Gyimah Portrait
Sam Gyimah
This question was answered on 15th January 2018

Our ambitious Industrial Strategy is not dependent on our negotiations with the EU. We do however recognise that EU Exit is a key issue for many sectors of the economy.

The Industrial Strategy builds on our strengths, creating strong foundations to meet the challenges of the future, and will help us make the best of our relations with Europe and beyond.

The Government wants the UK to remain the go-to-place for scientists, innovators and tech investors across the world. We intend to secure the best possible outcome for UK R&D as we exit the European Union and would welcome agreement to continue to collaborate with our European partners on science, technology and innovation.

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