UK Research and Innovation: Finance
The question
To ask the Secretary of State for Science, Innovation and Technology, with reference to page 69 of the English Devolution White Paper, published on 16 December 2024, how much funding will be available to UK Research and Innovation to extend regional partnerships.
Answered by Feryal Clark
Our ambition through the innovation commitments announced in the English Devolution White Paper is to generate innovation-led growth across the country, and help places make stronger contributions to a thriving national innovation ecosystem. Through UK Research and Innovation, we will support more local leaders, working in partnership with businesses and universities, to unlock their regions’ innovation potential.
The Spending Review settlement set out the overall R&D budget for my department, which is £13.9 billion for 2025/26. Further details of how this funding will be allocated will be announced in due course, and the next phase of the spending review will confirm multi-year budgets for innovation funding.
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