Research
(asked on 17th January 2023) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to support the UK’s research and development sector.
This question was answered on 17th January 2023
At the 2022 Autumn Statement, the Government reaffirmed the 2021 Spending Review pledge to increase public expenditure on R&D to £20 billion per annum by 2024/2025. This represents a cash increase of around a third compared to 21/22 and is the largest ever increase over an SR period.