Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how much and what proportion of the £484 million announced by the Government in funding for the R&D sector announced by the Government on 21 November 2022 will be allocated to Wales.
The Government’s priority is to support the UK’s world class R&D sector. The Government has put in place this additional funding to shore up talent and invest in R&D infrastructure across the whole of the UK, while also aiming to secure the UK fusion sectors’ commercial leadership and capabilities.
R&D investment in the Devolved Administrations (DAs) and regions of the UK is key to levelling up and we have liased with the relevant bodies to ensure proper coverage of the DAs. The Government are committed to levelling-up and we have liased with the relevant bodies to ensure proper coverage of the DAs. The specific approach for funding distribution between DAs and final allocations for the DAs will be announced in the near future.