Kwasi Kwarteng – 2022 Comments on Supporting Technology Projects

The comments made by Kwasi Kwarteng, the Business Secretary, on 15 June 2022.

The incredible work of the Vaccine Taskforce, housed at my department through the pandemic, demonstrated that this country is home to some of the best scientists and innovators in the world.

I’m immensely proud of the work we have done to support ground-breaking research so far, having confirmed £40 billion in funding for R&D over the next 3 years and placing it at the very top of our agenda. London Tech Week itself is testament to that.

And today, we’re announcing over £743 million in investment – including in the latest quantum technologies, to ensure Britain has pole position in the global marketplace in a host of new areas.