To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the announcement of 27 January 2020 entitled Boost for UK science with unlimited visa offer to world's brightest and best, what estimate he has made of when the £300 million ringfenced additional funding for research into mathematical sciences will be received by UKRI.
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.
As part of the Additional Funding Programme for Mathematical Sciences, UKRI have committed £124 million out to 2028-29. UKRI will seek further opportunities to support mathematical research as it moves towards greater collective management of its funding, creating a portfolio of investments.