Horizon Europe
Lord Hannan of Kingsclere Excerpts(10 months, 1 week ago)
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Viscount Camrose (Con)
I take the point, but I am not sure there was a question there for me to answer.
Lord Hannan of Kingsclere (Con)
The benefits of Horizon are frequently asserted but very rarely demonstrated. Often those assertions come from those who have a vested interest, having been recipients under the old system, as indeed the noble Baroness, Lady Smith, was just honest enough to admit in the form in which she put her question. Will my noble friend the Minister tell me whether the Government have done any cost-benefit analysis of Britain joining on the terms the EU is demanding?
Viscount Camrose (Con)
Indeed. As all noble Lords would expect, a very detailed and comprehensive value analysis has taken place as part of the current ongoing negotiations to associate with the Horizon programme. In the words of the Chancellor yesterday, the negotiations have reached a point that is “crunchy”, and for that reason, I cannot discuss any of the details of our negotiating position, not least our evaluation of various outcomes.