Asked by: Lord Nash (Conservative - Life peer)
Question to the Department for Science, Innovation & Technology:
To ask His Majesty's Government, with reference to page 20 of UK Research and Innovation (UKRI)’s Annual Report and Accounts 2023–24, whether the decision to increase expenditure by £181 million through reprofiling quality-related funding complied with the departmental expenditure limit control rules and ringfence restrictions in the Consolidated Budgeting Guidance 2023–24; and if not, whether Treasury consent was obtained in line with paragraph 2.52 of that guidance.
Answered by Lord Vallance of Balham - Minister of State (Department for Science, Innovation and Technology)
The reprofiling of quality-related funding payments to higher education institutions in 2023-24 complied fully with DSIT’s departmental expenditure limit control rules and Consolidated Budgeting Guidance. No payments in advance of need were made and spending across the DSIT portfolio remained within departmental control totals despite the reprofile, which is designed to ensure effective utilisation of R&D budgets within and across financial years.