House of Commons · Written Ministerial Statement
EU Programmes: Announcement of £484m immediate investment for the UK R&D and fusion sectors
21 November 2022 · Department for Business, Energy and Industrial Strategy
Proposed by George Freeman Con Mid Norfolk
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The government is announcing a 484m funding package to support UK R&D and fusion sectors amid delays in EU programme association.
- The investment will prioritise staff retention, maintain world-class laboratories, and accelerate growth in the fusion industry.
- Additional investments for the Earth Observation community will be announced shortly.
Issue summary
The government is announcing a £484m funding package to support UK R&D and fusion sectors amid delays in EU programme association.
Action requested
The government is investing up to £484m immediately in the UK’s R&D sector, prioritising staff retention, maintaining world-class labs, and accelerating growth in the fusion industry. Additional investments for the Earth Observation community will be announced shortly.
Key facts
- Up to £484m funding package announced.
- Aimed at securing UK’s commercial leadership in the fusion sector.
- Addresses ongoing uncertainty over access to EU programmes (Horizon, Copernicus, Euratom R&T and Fusion for Energy).
- Supports staff retention and local talent strategies at universities and research organisations.
- Government remains ready to discuss association with the EU but cannot wait indefinitely.
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Assessment & feedback
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