Research and Development Sector 2023-03-15
2023-03-15
TAGS
Response quality
Questions & Answers
Q1
Direct Answer
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Context
The MP inquired about measures to support research and development activities.
What steps her Department is taking to support the research and development sector.
Backed by our commitment to increasing public expenditure on research and development to £20 billion by 2024-25, we have launched our plan to cement the UK's place as a science and technology superpower by 2030, fostering the right conditions for industry, innovation and world-leading research.
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Assessment & feedback
Response accuracy
Q2
Direct Answer
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Context
The MP inquired about the government's actions to help science and tech companies affected by the collapse of Silicon Valley Bank.
What has the Minister been doing to help science and tech businesses in Oxfordshire, so that they no longer have to look into the abyss?
My hon. Friend is absolutely right that the futures of so many companies, and thousands of UK jobs, were at stake. My Department worked tirelessly with the Treasury to facilitate a solution. In doing so, we have protected our life sciences and tech sectors, which not only drive economic growth across the country but deliver life-saving products.
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Assessment & feedback
Response accuracy
Q3
Partial Answer
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Context
The MP inquired about measures to assist tech and life science companies in raising capital through the London stock market.
What are the Government doing to help tech and life science companies raise money on the London markets?
We are committed to making the UK the most attractive place for innovation and businesses to start and grow. The Treasury has made significant reforms to improve London as a listing destination, and we continue to engage with sectors to secure the most innovative companies in the UK stock exchange.
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Assessment & feedback
Commitment without specific details on how this will be achieved
Committed
Response accuracy
Q4
Partial Answer
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Context
The MP requested investment for the Weston Park Cancer Centre, a specialist cancer facility conducting groundbreaking research.
Will the Secretary of State look at what can be done to invest in the Weston Park Cancer Centre?
The Government are putting their money where their mouth is. We are determined to ensure that we are a science and tech superpower by 2030. I would be delighted to meet the hon. Gentleman to discuss his own constituency in detail.
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Assessment & feedback
Commitment without specific actions or timeline for investment
Delighted To Meet
Response accuracy
Q5
Partial Answer
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Context
The MP asked about the Government's commitment to provide the remaining £10 million of funding for the Global Centre of Rail Excellence (GCRE) being developed in her constituency.
Will the Secretary of State reconfirm her Government's commitment to deliver the remaining £10 million for research and development?
I am unsure as to that exact question, but this Government are investing a great deal—£20 billion by 2024-25. We are determined to ensure that we become a science and tech superpower. This Department has already hit the ground running, produced a science and tech framework, and announced £370 million of additional funding.
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Assessment & feedback
No specific commitment or confirmation on delivering remaining GCRE funding
Unsure
Framework
Response accuracy
Q6
Partial Answer
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Context
The MP inquired about the urgency of reaching a decision regarding the UK's association with the EU's research and innovation programme, Horizon.
When will we have a decision on whether the UK will associate to Horizon?
We have not changed our position regarding Horizon and association was in the UK-EU trade and co-operation agreement. We welcome the EU's recent openness to the discussion, after two years of delay, and I discussed the matter directly with the EU ambassador yesterday.
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Assessment & feedback
No specific timeline or commitment provided
Not Changed Position
Response accuracy