Question
To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 30 November 2015 to Question 17311, what financial support his Department is providing for the Government's Productivity Plan; and if he will make a statement.
All Government Departments have a role in helping to raise productivity and foster a dynamic economy. The Department for Business, Innovation and Skills (BIS) holds many of the key productivity levers, including skills, innovation, competition and regulation. The bulk of BIS spending therefore supports the Productivity Plan. The table displays total BIS Departmental Expenditure Limits up to 2019/20, as set out in the Spending Review. Specifically with regard to research, the Government has committed to protect the science resource and capital budget in real terms during this Parliament.
2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | |
Total DEL (£bn) | 16.6 | 16.5 | 14.5 | 13.4 | 13.2 |