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

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to Autumn Budget and Spending Review 2021, para 4.74, whether the £1.4 billion announced for the Global Britain Investment Fund is from the (a) core research, (b) Innovation UK or (c) other Capital DEL funding stream.

The Global Britain Investment Fund will be funded from a variety of sources, but funding will not come from either the Core Research or Innovate UK ringfences.