“What steps he is taking to distribute funding for science and innovation.”
Asked by
Rachael Maskell
Answering Minister
the Secretary of State for Science, Innovation and Technology
Answer from Hansard
The Minister for Data Protection and Telecoms (Chris Bryant)
The Chancellor has announced that the Government’s research and development spending plans go through to 2029-30 and that our R&D budget is rising from £13.9 billion in 2025-26 to £15.2 billion in 2029-30—a real-terms increase—and will total £58.5 billion over the spending review period. I am sure that that will benefit my hon. Friend’s York constituency.