House of Commons · Written Ministerial Statement
Research and development policy update
01 July 2020 · Department for Business, Energy and Industrial Strategy
Proposed by Alok Sharma Con Reading West
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- UK Research and Development Roadmap published outlining government vision
- Objective set to become a science superpower by 2024/25 with 22 billion public investment
- Government plans to engage partners across sectors in shaping future R&D policies
Issue summary
The statement discusses the publication of the UK Research and Development Roadmap, outlining the government's vision for bolstering the country’s research and development capabilities to achieve economic growth and societal benefits.
Action requested
The roadmap sets long-term objectives including becoming a science superpower by 2024/25 with public investment reaching £22 billion. The Government aims to engage partners across sectors in shaping future R&D policies, culminating in the spending review this autumn.
Key facts
- Unprecedented commitment at March 2020 Budget to increase public investment in R&D to £22 billion by 2024/25.
- Goal to make the UK a global science superpower attracting international talent and businesses.
- Focus on recovery from COVID-19 impacts through scientific innovation.
- Emphasis on addressing challenges such as net zero carbon emissions, climate resilience, productivity gap, and transformative technologies.