Written Question·Department for Science, Innovation and Technology·UIN 16517

Innovate UK: Finance

Tabled: 27 November 2024
Answered: 5 December 2024

Question

Mr Richard Holden

Conservative — Basildon and Billericay

To ask the Secretary of State for Science, Innovation and Technology, how much funding he plans to allocate to Innovate UK in each of the next three years.

Answer

Feryal Clark
Earlier this year, the Chancellor launched a multi-year Spending Review, the first phase of which was completed and announced at this year’s Autumn Budget. This set DSIT’s overall R&D budget for 2025/26 at £13.9bn. Further details of how this funding ...
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