Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons (a) ARIA can and (b) Rosaline Franklin Institute cannot carry forward funding across financial years.

Funding arrangements for public bodies are set based on the operational strategy and objectives of each organisation.

The Advanced Research and Invention Agency (ARIA) has been established to exclusively focus on projects with potential to produce transformative technological change, or a paradigm-shift in an area of science. To achieve these objectives, ARIA has been designed to operate with unique financial flexibility and operational freedom.