UK Research and Innovation: Finance

Department for Business, Energy and Industrial Strategy written question – answered on 28th June 2022.

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Photo of George Freeman George Freeman Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

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.

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