Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding he plans to allocate to alternative schemes in the event that the UK does not participate in the Horizon Europe scheme.
The Government is committed to keeping the UK at the forefront of globally collaborative research and innovation. If we do not associate to Horizon Europe, we will implement alternatives as quickly as possible from January 2021 and address the funding gap. The Government has committed to raising public investment in R&D to £22 billion per year by 2024/25. This will include funding for any continued participation in EU science programmes or EU replacement schemes.