Ynys Môn MP Virginia Crosbie has been picked to sit on an important parliamentary bill committee that is designed to cement the UK’s position as a science superpower.
The Advanced Research and Invention Agency Bill (ARIA) is making its way through the House of Commons and it will be scrutinised by Virginia and other MPs.
The legislation is part of the government’s plan to invest £14.6 billion in Research & Development in 2021 to 2022, building towards the government’s target of 2.4% of GDP being spent on R&D across the UK economy by 2027, the current OECD average.
Virginia, who is a qualified microbiologist, said: “I am honoured to be on such an important bill committee that will shape how the UK competes in the area of technological advancement in the decades to come.
“Global Britain needs to invest to stay at the top table of scientific knowledge. We are an inventive and innovative country and I am pleased this bill proposes to give the experts all the tools they need to look at ways to bring new technologies, jobs and investment to our country.
“I look forward to scrutinising the bill and watching its passage through parliament.”
ARIA proposes an exclusive focus on projects with the potential to produce transformative technological change. Ministers accept many programmes may fail in achieving their ambitious aims but believe those which succeed will have profound and positive impact on society.
ARIA will have maximum autonomy over its research and project choice and will invest in the judgement of talented people.
There is substantial evidence that investment in R&D increases productivity and that the spillover benefits from both public and private investment in R&D are significant.