Select committee: Science and Technology Committee
Minister of State for Science, Innovation, Research and Nuclear response to Financing and Scaling UK S&T Inquiry Report - Bleeding to death: the science and technology growth emergency
Published 3 February 2026
Science and Technology Committee Financing and Scaling UK Science and Technology: Innovation, Investment, Industry Report on parliament.uk ↗
At a glance
The government's response
This document responds to 2nd Report - Bleeding to death: the science and technology growth emergency.
This is the government's response, published 3 February 2026.
Summary written by Accountability Index from the government's response. It is not the government's own words.The government welcomes the Committee's recommendations and says it "agree[s] with many of the recommendations" in the report, while stating that "there are areas where we can go further".
- The government says the UK "remains one of the best places to start such a company in the world", while recognising areas where it "can go further, many of them highlighted in your report".
- It says it is "already actively developing policies" to support financing and scaling, using levers such as procurement, talent, finance and regulation.
- The response addresses each recommendation individually and sets out "the actions we are taking", with contributions from nine government departments. The covering letter states no specific commitments or deadlines.
What the committee recommended
This is a government response document, so it has no recommendations of its own.