Context
Since the UK's departure from the EU, concerns have been raised about the impact on scientific research and technological development.
Question
What assessment has she made of the potential impact of the UK's departure from the EU on the science and technology sector?
Answer from George Freeman
Over the past six or seven years since 2016, this country has seen extraordinary growth in investment in our science and technology sector. Members do not need to take it from me: they can take it from those who track the investment. The UK has nearly 20 times more venture capital than its level of funding in 2011, and I am delighted to say that a majority of that—the fastest growth—is around the country. The east midlands and Northern Ireland have seen the sharpest increases in investment in the past four years, with growth in the east midlands topping at 300%. Something extraordinary is going on in this economy.
Not addressed: Did not directly address potential negative impacts of Brexit on science and technology sector
How: Highlighting Positive Aspects Instead Of Addressing Concerns
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