Science: Finance

(asked on 3rd June 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to allocate funding from the science budget 2020-21 to replace EU Horizon funding.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 8th June 2020

The Government is committed to ensuring the UK becomes a global science superpower and continues to collaborate with Europe on scientific research. My Rt. Hon. Friend the Prime Minister has made clear that the UK is ready to consider a relationship in line with non-EU Member State participation in Horizon Europe, provided that this represents value for money and is in the UK’s interest. Any agreements relating to Union programmes should contain fair terms for UK participation.

I refer the Hon. Member to a Written Ministerial Statement made by my Rt. Hon. Friend Mr Chancellor of the Duchy of Lancaster on 19 May (HCWS245), which sets out that discussions covered all workstreams including: general terms for UK participation in programmes, including provisions for financial contribution.

As a responsible government, we are also developing alternative schemes to support international research and innovation collaboration. This includes options which can address immediate needs and work through to any future funding scenario.

In the Budget, my Rt. Hon. Friend Mr Chancellor of the Exchequer announced that government investment in R&D will increase to £22bn by 2024/25, the largest and fastest ever increase. The increase in investment in R&D will include funding for any continued participation in EU research and innovation Programmes or EU replacement schemes, subject to allocation at the Spending Review.

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