Question to the Department for Science, Innovation & Technology:
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.
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