Oral QuestionDepartment for International Development

“What steps her Department is taking to help increase the ease of doing business throughout the developing world.”

Tabled: 27 February 2020Answered: 4 March 2020

Asked by

Gareth Bacon

Conservative — Orpington

Answering Minister

the Secretary of State for International Development

Answer from Hansard

The Prime Minister

I thank the hon. Member for welcoming the industrial strategy. I know that this issue is close to his heart; he has spoken about and acted on it for many years. The Budget sees record R&D investment, with over £20 billion next year, including over £2 billion to support our world-leading life sciences sector. Through the British Growth Partnership, we will crowd in pension fund investment to support innovative business, and we have launched our landmark pensions review to unlock billions of pounds of investment into the UK and boost growth and living standards across the country.