PARLIAMENTARY WRITTEN QUESTION
(5 February 2025)
Question Asked
To ask the Secretary of State for Science, Innovation and Technology, what his Department's research and development budget was in the (a) 2023-24 and (b) 2024-25 financial year.
Asked by:
Bradley Thomas (Conservative)
Asked by:
Bradley Thomas (Conservative)
Answer
DSIT’s closing R&D budget for 2023-24 was £12,300m. This reflects the position post-Machinery of Government changes, comprising elements of the R&D budgets of DSIT’s predecessor departments.
DSIT’s R&D budget for 2024-25, updated at Autumn Budget 2024 is £12,500m*.
* Rounded to nearest £100m
Answered by:
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