Research: Finance

Department for Business, Energy and Industrial Strategy written question – answered on 26th July 2021.

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Photo of Lord Jones Lord Jones Labour

To ask Her Majesty's Government how much money they provided for research and development to the (1) aerospace industry, (2) steel industry, and (3) manufacturing sector overall, in (a) 2010, and (b) 2020.

Photo of Lord Callanan Lord Callanan Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The numbers below are taken from the Office for National Statistics survey of Business Enterprise R&D on what industry reported it received as public funding, by product. They do not include support through R&D tax credits; nor do they completely cover all public R&D expenditure which may be directly or indirectly related to particular products. The figures below are available for 2010, and the latest numbers are for 2019 (with the next update due later this year).

The reported figures for 2010 were:

  • Aerospace: £160m
  • Casting of iron and steel: less than £0.5m
  • Total manufactured goods: approximately £943m. It is difficult to be exact with this total due to suppression of data for reasons of commercial confidentiality.

The reported figures for 2019 were:

  • Aerospace: £150m
  • Casting of iron and steel: less than £0.5m
  • Total manufactured goods: £1,184m.

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