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Written question asked by Chi Onwurah (Labour) on Wednesday, 2 February 2022, in the House of Commons. It was due for an answer on Friday, 4 February 2022. It was answered by George Freeman (Conservative) on Tuesday, 8 February 2022 on behalf of the Department for Business, Energy and Industrial Strategy.

Research: Regional Planning and Development

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to page 170 of the Levelling Up White Paper, what the baseline is for increasing public R&D investment by 40 per cent; and whether that baseline includes money from European structural funds.

Answer

The Spending Review committed to an increase in public R&D spending to £20bn by 2024-25, contributing to the economy-wide target to invest 2.4% of GDP in R&D by 2027.

The Levelling Up White Paper set the mission for domestic public investment in R&D outside the Greater South East to increase by at least one third over the Spending Review period and at least 40 percent by 2030, with that additional government funding seeking to leverage at least twice as much private sector investment over the long term to stimulate innovation and productivity growth. This is baselined against spending levels in 2021-22 and doesn’t include EU Programmes Association funding.

The UK Government has asked the Office for National Statistics (ONS) and the UK Government Office for Science to work with all Whitehall departments to collect and publish sub-national data on their R&D spending. This will allow us to track progress on the mission to 2030.

Secondary information

Type
Written question
Reference
116928
Session
2021-22
Related items
Levelling Up the United Kingdom
Wednesday, 2 February 2022
Command papers
House of Lords
House of Commons
Research: Finance
Friday, 25 February 2022
Written questions
House of Commons
Subjects
Finance EU grants and loans Regional planning and development Research
Link
View this Written question on www.parliament.uk