Baroness Blackwood of North Oxford: HMT: Written Answers (1)

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Written Question

Treasury: Research

Wednesday 2nd December 2015

Asked by: Baroness Blackwood of North Oxford (Conservative - Life peer)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how much of his Department's funding allocated in the Spending Review 2015 will be for research and development expenditure up to 2020.

Answered by Harriett Baldwin - Shadow Minister (Business and Trade)

Spending Review 2015 set out settlements for departments and showed how the government will deliver on its priorities, eliminate the deficit, and deliver security and opportunity for working people.

Final decisions on internal departmental funding allocations for future years, including for research and development, have not yet been made.