Research: Finance
Commons · Question 31926 · Tabled 21 Feb 2025 · Department for Science, Innovation and Technology · Official record
Answered 3 Mar 2025
Question
Asked by Sir Julian Smith
To ask the Secretary of State for Science, Innovation and Technology, with reference to his Department's press release entitled Government backs UK R&D with record £20.4 billion investment at Autumn Budget, published on 31 October 2024, when he plans to p
Answer
Answered by Feryal Clark, 3 Mar 2025
The Autumn Budget set out the government’s funding plans and departmental allocations for R&D in 2025/26, with an overall R&D budget of £20.4 billion. Of this, the Department for Science, Innovation and Technology was allocated £13.9 billion for 2...