Research Councils: Finance

(asked on 11th November 2020) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what plans they have, if any, to exempt research councils from the one-year spending review so they can fund long-term projects.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 26th November 2020

To provide certainty to the research community, we are providing a multi-year settlement for UK Research and Innovation science.

This includes increasing funding for core UK Research and Innovation science by 9% next year and £400 million on average per annum until 23-24. By 23-24, the government will be investing £1.4 billion more per annum in core funding for its world-leading research base compared to 20-21.

Reticulating Splines