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1134082
star this property registered interest false more like this
star this property date less than 2019-06-24more like thismore than 2019-06-24
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Research: Finance more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with (a) Ofcom, (b) Ofwat and (c) Ofgem on incentives for innovation and research and development in their sectors and how that relates to the 2.4 per cent GDP spend on R&D target. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah remove filter
star this property uin 268539 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>In October 2018 we launched a consultation to build our understanding of whether there are opportunities to further encourage new innovative methods and technologies in the utilities sectors to improve outcomes for consumers. This sought views on the barriers to innovation in the utilities sectors, and how we could improve the regulatory framework to further encourage innovation. We are analysing the responses to this consultation and plan to publish a response in due course.</p><p> </p><p>In June 2019 we announced measures in our White Paper on Regulation for the Fourth Industrial Revolution to support regulators to enable innovation in their sectors, as part of our approach to increasing R&amp;D investment to 2.4% of GDP by 2027. We have invested in projects by both Ofcom and Ofgem to support innovation through the Regulators’ Pioneer Fund.</p> more like this
star this property answering member constituency Kingswood more like this
star this property answering member printed Chris Skidmore more like this
star this property question first answered
less than 2019-06-27T08:10:00Zmore like thismore than 2019-06-27T08:10:00Z
star this property answering member
4021
star this property label Biography information for Chris Skidmore more like this
star this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this