Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, with reference to paragraph 4.94 of the Autumn Budget 2024, published on 30 August 2024, HC 295, whether this applies to all UK universities; and what metric she will use to assess whether a university is world leading.

The Autumn Budget 2024 announces at least £6.1 billion of funding for core research, growing this allocation at least in line with inflation. Core research funding directly and indirectly supports universities through a range of programmes, including competitive research grants through UKRI’s research councils, investment in PhDs and fellowships, and Quality-Related research funding provided through Research England, informed by the outcomes of the Research Excellence Framework (REF). DSIT will work closely with the sector to effectively prioritise our R&D settlement, and will announce further details on funding allocations in due course.