BEIS’ R&D settlement has increased to £11.1bn for 2021/22. This settlement supports our commitments set out in the R&D Roadmap and helps consolidate our position as a science superpower. We are revitalising the science, research and innovation ecosystem and releasing its potential. We recognise the importance of the independence of researchers and our investment in multiple disciplines and methodologies will be guided by experts.
Specific funding is subject to our Departmental allocations process, which is now underway and progressing at pace.