Research: Investment
The question
To ask the Secretary of State for Science, Innovation and Technology, with reference to page 6 of the policy document entitled Statement of Levelling Up Missions, published on 25 January 2024, whether it remains his Department's policy that levels of public investment in research and development outside the Greater South East will increase by at least 40% by 2030.
Answered by Feryal Clark
This public R&D regional investment target is committed to in legislation via the Levelling-up and Regeneration Act 2023.
Increasing productivity right across the UK is fundamental to our mission to kickstart economic growth. Through our Industrial Strategy and the development of Local Growth Plans, we will build on local strengths to ensure that public and private R&D investment right across the UK helps local places to reach their potential.
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