questionText: To ask the Secretary of State for Science, Innovation and Technology, what the evidential basis is for the calculation that the increase in his Department’s R&D budget to £13.9 billion is a rise by 8.5% in real terms.
answerText: DSIT’s capital budget in 2024/25 was £13.3bn, with £12.5bn allocated for investment in R&amp;D. As outlined in the Autumn Budget 2024, DSIT’s R&amp;D allocation has risen to £13.9bn in 2025/26, a £1.4bn cash-terms uplift.Using the latest OBR GDP deflator ...
heading: Research: Finance