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UK Research and Innovation: Finance

Question for Department for Business, Energy and Industrial Strategy

UIN 21215, tabled on 20 June 2022

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to increase funding to (a) UK Research and Innovation and (b) mathematical sciences.

Answered on

28 June 2022

UKRI’s council level allocations were published on 30 May. The total UKRI allocation is £25.1 billion for 2022-25 and will reach its highest ever level in 2024-25 (over £8.8 billion).

This multi-year settlement provides UKRI and its constituent research councils with stability and certainty to deliver world class research and innovation across their portfolio, including in mathematical sciences.