Speeches

Stephen Gethins – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Stephen Gethins on 2016-10-10.

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make it his policy to make available research funding at the same level as currently received after the UK leaves the EU.

Joseph Johnson

The Government is committed to maintain and enhance the strength of our research base. This is why we have protected the science resource budget in real terms from its 2015/16 level of £4.7 billion for the rest of the parliament, as well as committing to invest in new scientific infrastructure on a record scale – £6.9 billion over the period 2015-2021.

The Treasury decision to underwrite the grants of competitively bid for EU research funding will give British participants and their EU partners the assurance and certainty needed to plan ahead for projects that can run over many years. We will ensure that the UK continues to be a world leader in international research and innovation.