Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to direct funds within the £11.1 billion in R&D funding announced in the Spending Review 2020 to programmes that support (a) health research and (b) life sciences R&D and deliver high-value jobs and investment to towns and cities in the North of England.
The Department’s Research and Development (R&D) Spending Review 2020 settlement supports our Departmental commitments as set out in the R&D Roadmap and helps to consolidate the UK’s position as a science superpower.
Indeed, the UK has one of the strongest and most productive life sciences sectors in the world, generating turnover of around?£80.7 billion?per annum in 2019.
Funding is subject to the departmental allocations process which is now underway. Further details of how funding will be allocated will be announced in due course.