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answering dept short name	Business%2C Energy and Industrial Strategy
min date	2022-10-27
min answer › question first answered	2022-11-01T17:23:03.68Z
uin	72989
hansard heading	Research: Investment

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registered interest

date

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and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1536885

registered interest

date

27/10/2022

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

Research: Investment

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Comparison of ONS business enterprise research and development statistics with HMRC research and development tax credit statistics, published in September 2022, demonstrating a revised method of calculating private R&D investment, what assessment his Department has made of the potential impact of the loss of ERDF funding on leveraging private sector investment in every region of the UK.

tabling member constituency

Newcastle upon Tyne Central

tabling member printed

Chi Onwurah

uin

72989

answer

is ministerial correction

date of answer

01/11/2022

answer text

The Government welcomes the independent Office for National Statistics (ONS) ongoing efforts to improve the accuracy of its research and development (R&D) investment data. The ONS will publish new total R&D investment numbers up to 2020, plus private R&D investment up to 2021, on 17 November 2022. The Government has established the UK Shared Prosperity Fund (UKSPF) as a successor to EU structural funds (European Regional Development Fund and European Social Fund). Decisions on how it will be used will be taken locally. Funding for UKSPF will ramp up to £1.5 billion per year by March 2025. This upholds the Government’s commitment to match EU structural fund receipts.

answering member constituency

Mid Norfolk

answering member printed

George Freeman

question first answered

01/11/2022 17:23:03

answering member

4020

label	Biography information for George Freeman

tabling member

4124

label	Biography information for Chi Onwurah