PARLIAMENTARY WRITTEN QUESTION
Universities: Technology (11 October 2024)
Question Asked
Asked by:
Blake Stephenson (Conservative)
Answer
The UK tech ecosystem achieved a record combined market valuation of $1.08 trillion in 2023. Supporting its continued development across the UK is a priority for my department, and vital to this government’s mission to kickstart economic growth.
As set out in the industrial strategy consultation, the UK has world-leading innovation and tech clusters across the country. This includes aviation technology around Cranfield, with Cranfield University acting as a magnet for talent and investment and anchor institution for its local innovation ecosystem.
Through the industrial strategy, we will explore how best to continue supporting high-potential clusters across the UK through R&D investment.
Answered by:
Feryal Clark (Labour)
21 October 2024
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