Skip to main content

Science: Government Spending

Volume 603: debated on Tuesday 29 June 1999

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked Her Majesty's Government:How much they are investing in science; and whether the information is publicly available. [HL3345]

The Parliamentary Under-Secretary of State, Department of Trade and Industry
(Lord Sainsbury of Turville)

I am today publishing the Forward Look of Government funded Science, Engineering and Technology which sets out the Government's spending plans. We see science as a major priority and a key driver for wealth creation, employment and an improved quality of life both in this country and overseas. We will be investing over £20 billion in this area over the next three years—a real terms increase of £1.8 billion—representing a level of investment higher in real terms than at any time over this decade. Copies have been placed in the Libraries of the House.