Research: Finance

(asked on 6th November 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the answer of 4 November 2024 to Question 11881 on Research Finance, if her Department will publish a tabular summary of Capital DEL allocated in the Budget to research and development by Department for 2024-25.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 14th November 2024

The departmental research and development (R&D) allocations for 2024-25 are set out in the table below. The numbers represent departmental plans as of Autumn Budget 2024, which reflect underspends identified through the Public Spending Audit 2024-25, including as a result of lower Horizon association costs than previously budgeted for.

In 2025-26, the government has allocated £20.4 billion for investment in R&D – more than ever before which reflects its focus on growth. This includes the protection of £6.1 billion for core research.

Department

24-25 R&D (£m)

DSIT

£ 12,500m*

DHSC

£ 2,000m*

MOD

£ 1,800m*

DESNZ

£ 1,000m*

DEFRA

£ 400m*

SIA

£ 400m*

FCDO

£ 500m*

DBT

£ 300m*

DfT

£ 300m*

DCMS

£ 50m**

DfE

£ 50m**

HO

£ 30m**

DWP

£ 40m**

MHCLG

£ <10m

FSA

£ <10m

MOJ

£ <10m

HMRC

£ <10m

HMT

£ <10m

TOTAL

£ 19,524m

*rounded to nearest £100m

**rounded to nearest £10m

Individual departments have been rounded to reflect the possibility that allocations can change as a result of in-year inter-department budget transfers.

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