Written Question·Treasury·UIN 75286

Innovation: Government Assistance

Tabled: 4 September 2025

Answered: 12 September 2025

Question

Liam Conlon

To ask the Chancellor of the Exchequer, what steps she is taking with Cabinet colleagues to help increase opportunities for innovation in the economy.

Answer

Dan Tomlinson

The Government recognises that innovation is a key driver of long-term economic growth, higher productivity and improved living standards.Public investment in research and development (R&D) will rise to £22.6 billion per year by 2029-30, supporting in...

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