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1187052
registered interest false more like this
date less than 2020-03-23more like thismore than 2020-03-23
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Research: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, with reference to Budget 2020, what proportion of the £22 billion investment in R&D he plans to allocate to (a) performing and (b) funding R&D. more like this
tabling member constituency East Kilbride, Strathaven and Lesmahagow more like this
tabling member printed
Dr Lisa Cameron remove filter
uin 33613 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-03-31more like thismore than 2020-03-31
answer text <p>The Government is committed to supporting the UK’s leadership in science and innovation, and set out an ambition to increase economy-wide investment in R&amp;D to 2.4% of GDP by 2027.</p><p> </p><p>At the 2020 Budget, the Government announced that it would increase public investment in R&amp;D to £22bn by 2024-25, the largest ever increase in support for R&amp;D. This will support innovators and researchers across the UK to develop their brilliant ideas, cutting edge technologies and ground breaking research.</p><p> </p><p>The majority of this uplift will be allocated at the Spending Review, including support for various R&amp;D programmes. The Government will set out further details in due course.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-03-31T14:22:49.367Zmore like thismore than 2020-03-31T14:22:49.367Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4412
label Biography information for Dr Lisa Cameron more like this