UK Research and Innovation: Wales

(asked on 29th October 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of levels of UK Research and Innovation funding allocated to Wales.


Answered by
James Murray Portrait
James Murray
Chief Secretary to the Treasury
This question was answered on 3rd November 2025

This Government is investing in Wales to help create jobs and drive economic growth. UKRI has recently launched the Local Innovation Partnerships Fund (LIPF) - a new programme that will empower innovation leadership through local ‘triple helix’ partnerships between civic institutions, business and universities, delivering impact, at scale. This Fund has earmarked £30 million for the Cardiff Capital Region [1].

[1] Cardiff Capital Region backed by £30m to unlock innovation and growth - GOV.UK

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