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Research: Finance

Question for Department for Business, Energy and Industrial Strategy

UIN HL4616, tabled on 10 January 2023

To ask His Majesty's Government what amount was provided in research and development grants to (1) the steel industry, (2) the ship building industry, (3) the aerospace industry, and (4) the building and construction industries, in (a) 2018, and (b) 2019.

Answered on

24 January 2023

I refer the noble Lord to the answer I gave him on 2nd November 2022 to Question HL2736. The Department for Business, Energy and Industrial Strategy does not hold the requested information. Government innovation funding is generally not allocated on a sector-by-sector basis but is instead targeted towards specific research questions. Many research, development and innovation programmes support multiple sectors. For example, the Government invested £22.25m in 2018/19 and £28.34m in 2019/20 through the Transforming Construction Challenge (TCC), which supported energy, digital and manufacturing innovators to work with the construction sector.

Answered by

Department for Business, Energy and Industrial Strategy