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Extra £2bn in R&D funding by 2020-21
29 November 2016 Matt Sisson, Projects and Membership Manager
The big news for the HE sector from last week’s Autumn Statement appeared to be the extra £2billion a year by 2020-21 for R&D. However, it wasn’t immediately clear whether this was new money, whether it was an extension of tax credits, or whether it would be spent in the private sector, rather than universities. The government has since confirmed that the money is indeed ‘new’, and will be distributed mostly via UK Research and Innovation (UKRI), which means that it’s likely a sizeable proportion of the £4.7bn over four years will find its way into HE. Universities UK has a blog post on the topic, and there’s also more in an article in the Times Higher.
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29 November 2016 
Matt Sisson, Projects and Membership Manager
