[Albert Owen in the Chair] — Science and Research

Part of the debate – in Westminster Hall at 9:30 am on 24th June 2015.

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Photo of Paul Blomfield Paul Blomfield Labour, Sheffield Central 9:30 am, 24th June 2015

I am grateful to my right hon. Friend for that intervention, and he makes a point that I will come back to and reflect on shortly.

The drop in our publicly funded research to 0.5% of GDP takes that research to its lowest point for more than 20 years. The latest figures, published by UNESCO in March, put the UK’s publicly funded research at 0.48% of GDP, which is well below the EU average of 0.67%, the OECD average of 0.71% and the G8 average of 0.77%.