Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, how much funding her Department plans to provide to UK Research and Innovation in the next three financial years.

DSIT is responsible for the majority of the Government’s spending on R&D, including UK Research and Innovation’s (UKRI) budget of £25.1 billion across the current Spending Review (FY2022/23 – 2024/25). This includes an allocation of over £8.8 billion in financial year 2024/25.

As outlined by the Chancellor at Spring Budget 2024, the next Spending Review to set future financial year budgets will be held after the General Election.

DSIT has budgets and plans in place until at least April 2025. Government will agree departmental budgets for financial years following this as part of the usual budget setting process.