Public Expenditure

(asked on 1st November 2021) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 1 November 2021 to Question 64603, where the funding for the National Productivity Investment Fund comes from; and whether expenditure on the Advanced Research & Invention Agency is included in the £20 Billion Capital DEL expenditure total for 2024-25 in Table 2.2 of the Autumn Budget and Spending Review 2021 Red Book.


Answered by
George Freeman Portrait
George Freeman
This question was answered on 5th November 2021

The budget for the Advanced Research & Invention Agency is included in the Department for Business, Energy and Industrial Strategy R&D budget set out in Table 2.2 of the Autumn Budget and Spending Review 2021 Red Book. For the 2024-25 budget, this is included in the £20bn.

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