European Bioinformatics Institute: Finance

Treasury written question – answered on 18th March 2019.

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Photo of Chi Onwurah Chi Onwurah Shadow Minister (Department for Business, Energy and Industrial Strategy) (Industrial Strategy)

To ask the Chancellor of the Exchequer, with reference to Spring Statement 2019, whether NPIF funding to the European Bioinformatics Institute refers to the Northern Powerhouse Investment Fund.

Photo of Elizabeth Truss Elizabeth Truss The Chief Secretary to the Treasury

The £45m investment in the European Bioinformatics Institute is funded from the additional £7bn committed for research and innovation from the National Productivity Investment Fund. This will deliver a 20% uplift to government R&D investment between 2017 and 2022 – the largest increase for 40 years.

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