Research: Finance

Department for Business, Energy and Industrial Strategy written question – answered on 20th July 2016.

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Photo of Jim Cunningham Jim Cunningham Labour, Coventry South

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to safeguard levels of research funding in universities as a result of the outcome of the referendum on the UK's membership of the EU.

Photo of Jo Johnson Jo Johnson Minister of State (Department for Education) (Universities and Science) (Joint with the Department for Business, Energy and Industrial Strategy), Minister of State (Department for Business, Energy and Industrial Strategy) (Universities and Science) (Joint with the Department for Education)

The Government recognises the importance of our research base, which is why we have protected the science resource budget in real terms from its 2015/16 level of £4.7 billion for the rest of the parliament.

The future of UK access to European research and innovation funding will be a matter for the new Prime Minister and government to decide. The Government is determined to ensure that the UK continues to play a leading role in European and international research and innovation.

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