Research: Finance

(asked on 6th July 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions she has had with her cabinet colleagues about the fiscal steps required to ensure the long-term sustainability of research funding in a) Newcastle-under-Lyme, B) England and c) the United Kingdom.


Answered by
Lucy Rigby Portrait
Lucy Rigby
Economic Secretary (HM Treasury)
This question was answered on 14th July 2026

The Chancellor regularly discusses funding for R&D with Cabinet Colleagues


R&D was a priority at the last Spending Review, with the government allocating £22.6bn per year by 2029/30, including £500m over the period for the Local Innovation Partnerships Fund, which is designed to stimulate growth across the UK. Alongside this fund, the government has strengthened UK Research and Innovation's objectives for place and clusters.

Reticulating Splines