Spring Budget 2023 – Initial response

Today the Chancellor, Jeremy Hunt, delivered his Spring 2023 Budget, here is CaSE’s initial response.

Dr Daniel Rathbone, Assistant Director, Campaign for Science and Engineering (CaSE)

“I am pleased that once again science and innovation are at the heart of the Government’s plans for the economy. Lives and livelihoods will be improved by science and innovation through investment zones, R&D tax credits for cutting edge businesses, and investing in future technologies.

“However, I am disappointed about the continued silence on the £1.6bn of R&D funding taken back by the Treasury last month, and when the money will be returned to the science budget. CaSE will be scrutinising the details of this Budget to establish where the money for the investments announced will be coming from.”