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Posted by / 06-Feb-2020 10:59

The Chief Secretary to the Treasury, David Gauke, has also written to each devolved administration to confirm the same level of assurances offered to UK government departments in relation to programmes they administer but for which they are expected to rely on funding.The Treasury will work closely with the devolved administrations on subsequent funding arrangements to allow them to prioritise projects within their devolved responsibilities.The government’s commitment to our world-leading science and research base remains steadfast.By underwriting the significant Horizon 2020 grants we are showing the extent of our commitment, standing squarely behind our researchers and scientists as they continue working with their European partners to develop new technologies, discover life-saving medicines and pioneer every day innovations that will benefit all hard-working Britons.

I look forward to working with the industry, rural communities and the wider public to shape our plans for food, farming and the environment outside the funding will further support this work by enabling them to plan ahead with certainty so businesses, universities and local authorities across the country can enable economic growth This will be crucial as we work together to take advantage of the opportunities presented by the UK’s decision to leave the European Union.

It will fund equipment needed for a new facility which will exploit and maintain the UK’s world-leading position in graphene and related 2-D materials.

The GEIC will allow the acceleration of application research and development in partnership with industry and other research organisations.

The project will provides tailored support to manufacturers supporting a large employment base.

The MGP service will provide locally-focused front-line teams to provide business and specialist manufacturing advice to support manufacturers to improve and grow. A Thames Valley Berkshire LEP area project which will deliver the first building (Gateway Building) of the Reading University Science Park providing facilities conducive to the growth of innovative technology based companies, particularly those participating in research and development, and product development.

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The Chief Secretary to the Treasury, David Gauke, has written to the Secretary of State for Exiting the European Union, David Davis, setting out the steps that the Treasury will be taking to guarantee funding streams.