Written Question·Department for Science, Innovation and Technology·UIN 14526

Research: Budget October 2024

Tabled: 15 November 2024
Answered: 25 November 2024

Question

Blake Stephenson

Conservative — Mid Bedfordshire

To ask the Secretary of State for Science, Innovation and Technology, what discussions he has had with the Chancellor of the Exchequer on the potential impact of the Autumn Budget 2024 on UK R&D.

Answer

Feryal Clark
The Secretary of State has regular discussions with the Chancellor on a range of issues. In the Autumn Budget, the Chancellor announced that total HMG investment in R&D is rising to a record allocation of £20.4bn in 2025/26, with DSIT's R&D budget...
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