Research: Finance

(asked on 2nd December 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much of the £14.6 billion announced in the Spending Review 2020 for research and development is new funding which had not previously been announced.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 7th December 2020

In the Spending Review the government announced, for the first time, that it will be investing £14.6bn in Research and Development in 21/22 to forge the UK’s future as a global scientific superpower.

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