Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the 2020 Spending Review, whether the £14.6 billion announced for Research and Development in 2021-22 is part of the £22 billion announced in March 2020.
Spending Review 2020 provides funding to ensure that the UK remains at the forefront of international scientific leadership and a global leader in tackling climate change. To cement the UK’s future as a scientific superpower and drive economic growth, the government is providing almost £15 billion for R&D next year.
Science will underpin our response to the greatest challenges ahead, including tackling climate change and delivering transformative economic growth. Recognising this, the Spending Review commits £14.6bn to R&D next year, as well as confirming multi-year funding for certain key R&D priorities.