Question
To ask the Secretary of State for Business, Innovation and Skills, pursuant to his Answer of 6 July 2015 to Question 4950, what funds from the public purse (a) were spent and (b) he plans to spend on the HEFCE UK Research Partnership Investment Fund in each financial year from 2010-11 to 2020-21 in real terms.
The following expenditure has occurred and is planned on the HEFCE UK Research Partnership Investment Fund:
Financial Year | 2013/14 | 2014/15 | 2015/16 | 2016/17 | Total to date |
cash (£m) | 138 | 160 | 68 | 135 | 501 |
Real (14-15 prices) (£m) | 140 | 160 | 67 | 131 | 499 |
The detailed expenditure profile for the additional £400m for expenditure out to 2021 for UK RPIF, announced in Budget 2015, will be announced in due course.