Wednesday 23 November 2016

My response to the Autumn Statement

Today I welcomed the Chancellor's Autumn Statement and particularly his commitment to spend an additional £2 billion a year on Research and Development (R&D).

This extra funding will go a long way towards ensuring that our country continues to grow as a hub for science, technology and innovation.

To realise our potential and deliver on our ambitions we must also ensure that Britain remains a great place for the best talent in these fields to locate itself.

On the whole I was pleased that the Autumn Statement provides a stable economic platform for the years ahead, setting out how the Government will support the economy as Britain leaves the EU and begins a new chapter in our country's history.

You can watch a recording of my exchange with the Chancellor via Parliamentlive.tv below: