Research Councils: Finance

(asked on 3rd June 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of the science budget for 2020-21 will be allocated to each of the science councils.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 8th June 2020

We have set ourselves the target of at least 2.4% of GDP being spent on R&D by 2027.? This was supported by the unprecedented commitment at the Budget to increase public investment in R&D to £22?billion a year by 2024-25.

This figure covers all R&D spending across government. The allocation of the spend to particular departments and programmes will be confirmed at the Spending Review, later in the year.

On Friday 29th May we announced allocations to BEIS partners and programmes for 2020-21. UKRI will confirm allocations to individual research councils in due course.

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