Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, how much funding her Department plans to provide for research and development in 2022-23; and if she will make a statement.

The Department for Business, Energy and Industrial Strategy (BEIS) was allocated a budget of £39.8 billion over this current Spending Review period (2022/23 to 2024/25) for research and development (R&D). The majority of this settlement will transfer to the Department for Science, Innovation and Technology (DSIT), while some R&D budget for specific sectoral and net zero programmes will transfer to the Department for Business and Trade, and the Department for Energy Security and Net Zero. Some details are still being worked through between Departments and with His Majesty’s Treasury. Full financial details will be set out in due course.