Research: Finance
(asked on 10th January 2022) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what was the value of UK Research and Development grants to UK industry in (1) 2010, (2) 2015, and (3) 2019.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Office for National Statistics (ONS) publishes estimates of flow of research and development (R&D) funds from government to other sectors. Table 9 of its annual publication on research and development (R&D) expenditure by the UK government shows that the aggregate destination of gross R&D expenditure (broader than grants) includes the following figures for private industry and public corporations:
£million | 2010 | 2015 | 2019 |
Civil | 576 | 895 | 1,149 |
Defence | 1,359 | 1,286 | 893 |
Gross Total | 1,935 | 2,181 | 2,042 |
Source: Research and Development Expenditure by the UK Government: 2019 | |||
The ONS also publishes figures for UK Business Enterprise R&D. Table 3 on sources of funds gives the following figures for businesses reporting funding from the UK Government:
£million | 2010 | 2015 | 2019 |
UK Government | 1,407 | 1,817 | 1,829 |
Source: Business Enterprise Research and Development, UK: 2020 | |||
Government support for business R&D also includes R&D tax credit schemes. HM Revenue and Customs publishes R&D Tax Credits Statistics and Table 2 gives the cost of support claimed for the R&D tax credit for all schemes by financial year on an accounting period basis:
£million | 2010-11 | 2015-16 | 2019-20 (provisional) |
Claims | 1,110 | 3,975 | 7,445 |
Source: Research and Development Tax Credits Statistics: September 2021 | |||