Integrated Review - Statement

Part of the debate – in the House of Lords at 7:26 pm on 17th March 2021.

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Photo of Baroness Evans of Bowes Park Baroness Evans of Bowes Park Leader of the House of Lords and Lord Privy Seal 7:26 pm, 17th March 2021

We certainly have an incredibly strong record on science and technology. We are ranked fourth in the Global Innovation Index, and we will invest £14.6 billion in R&D across government in 2021-22. We have reached agreement to take part in Horizon Europe, which is an excellent outcome. We are currently working through the details of the costs and where they fall, but we have always been clear that Horizon funding complements domestic programmes and have made a public commitment that there will be no loss of investment in R&D in the UK on leaving the EU.