Oral QuestionDepartment for Business, Energy and Industrial Strategy

What steps his Department is taking to support research and development.

Tabled: 23 September 2020Answered: 29 September 2020

Asked by

Claire Coutinho

ConservativeEast Surrey

Answering Minister

the Secretary of State for Business, Energy and Industrial Strategy

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

Transport costs represent 14% of household spending, so the Government took decisive action in the Budget to freeze all regulated rail fares in England for one year from March 2026—the first time that has happened in 30 years.