Oral Answers to Questions

Alison Bennett Excerpts

Thursday 15th October 2026 Commons Chamber

[Chris McDonald]

My hon. Friend and I share a great confidence in data and a desire to make decisions based on it. With the regional disparities that she is describing, I have looked at the data and there is a clear distinction between the proportion of UKRI funding and UKRI spin-outs, for instance, and then the ability of those companies to attract investment. In fact, the level of funding they received is based on their proximity to London. I share her concern, we are looking at the data on that, and I am happy to work with her and the Committee on how we ensure that regional funding is more appropriately spread.

[Alison Bennett (Mid Sussex) (LD)]

Universal Quantum, born out of the University of Sussex, is based in my constituency. It is developing a unique trapped-ion modular technology for quantum computing at scale. It received $77 million from the German Government in 2022, and last week secured $100 million of Series A funding from investors, including the Singaporean Government. However, it has been unsuccessful in getting any funding from our own Government. Can the Minister explain how that tallies with their Department’s commitment to investing in exceptional home-grown companies?

[Chris McDonald]

The situation that the hon. Member described about the loss of UK quantum companies, largely under the previous Government, is exactly why my predecessor was determined to set up the ProQure programme, to ensure that the UK is leading the procurement of quantum computing and enabling the growth of UK businesses to do that. In March 2026, the Government announced a landmark commitment of up to £2 billion for the next stage of the national programme, and our ambition is to see UK quantum companies scale and stay in the UK.