Research: Finance

(asked on 15th October 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will ensure future research funding allocations retain their real-terms value in line with inflation.


Answered by
George Freeman Portrait
George Freeman
This question was answered on 25th October 2021

In announcing the Spending Review 2021, my Rt. Hon. Friend Mr Chancellor of the Exchequer reiterated the Government’s commitment to cement the UK as a ‘scientific superpower’.

All future funding decisions will be subject to the outcome of the Spending Review, and we are working with HM Treasury to agree an ambitious R&D package.

The Spending Review will conclude on 27 October. We will then undertake the Departmental allocations process.

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