Delegated Legislation Committee proceeding and Committee proceeding on Monday, 23 March 2026, in the House of Commons, led by Kanishka Narayan. The answering member was Ben Spencer.
Financial Assistance to Industry
Motion, That this House authorises the Secretary of State to make payments, by way of financial assistance under section 8 of the Industrial Development Act 1982, in excess of £30 million to any successful applicant to the Life Sciences Large Investment Portfolio, launched on 15 November 2025, up to a cumulative total of £570 million. Motion considered and agreed to.
Secondary information
- Type
- Committee proceeding
- Session
- 2024-26
- Department
- Department for Science, Innovation and Technology
- Committee
- Third Delegated Legislation Committee
- Chamber / Committee
- General committees
- Subjects
- Business Investment Drugs Government assistance Taxation VAT Clinical trials Life sciences Life Sciences Innovative Manufacturing Fund
- Link
- View this Committee proceeding on hansard.parliament.uk
Librarians' tools
- Timestamp
- 2026-03-24 13:09:52 +0000
- URI
- http://data.parliament.uk/generalcommittees/78487
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/generalcommittees/78487
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/generalcommittees/78487
- Internal location
- http://oasis.parliament.uk/OasisDocument/view/78487