Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, pursuant to the Answer of 27 November 2023 to Question 3220 on Research: Finance and with reference to the Answer of 22 February 2023 to Question 150475 on Euratom and Horizon Europe: Finance and to paragraph 4.49 of the Autumn Statement 2023, CP 977, published on 22 November, whether the £750 million of R&D spend has been drawn from the allocation made in the 2021 Spending Review for association with Horizon Europe in this financial year.
The government is investing in wider R&D priorities through savings generated from the bespoke Horizon deal that works in the interests of UK taxpayers, and researchers and businesses. The £750 million package is funded from money allocated to Horizon and Copernicus as part of government’s record 2021 Spending Review funding settlement for R&D. This package will maximise opportunities for UK researchers, businesses and innovators, including £250 million for Discovery Fellowships, £145 million for new business innovation support and funding to support a new National Academy of mathematical sciences. This funding comes on top of our commitment to deliver a multi-billion-pound package of support through the existing Horizon Europe Guarantee scheme.