Select Committee · Public Accounts Committee

UK Research and Innovation

Status: Closed Opened: 26 Mar 2025 Closed: 22 Sep 2025 10 recommendations 20 conclusions 1 report

UK Research and Innovation (UKRI) is an arm’s-length body of the Department of Science, Innovation and Technology (DSIT). With a total annual budget of £9.6bn in 2023/24, UKRI is the UK’s largest public funder of research and innovation. Government considers R&D and new technologies to be vital to the UK’s future and major policy goals …

Clear

Reports

1 report
Title HC No. Published Items Response
41st Report - UK Research and Innovation HC 826 23 Jul 2025 30 Responded

Recommendations & Conclusions

5 items
8 Conclusion 41st Report - UK Research and Innovation

Require UKRI to balance long-term and short-term research and innovation funding needs.

UKRI must also balance meeting the UK’s longer and shorter-term research and innovation needs when deciding where to allocate funding. It faces an inherent tension in allocating funding with government priorities in mind, while not stifling the innovation needed for future R&D.11 Professor Boyle felt that UKRI also has role …

HM Treasury
9 Conclusion 41st Report - UK Research and Innovation

UKRI demonstrates a wide-ranging role supporting government R&I across multiple departments.

DSIT told us that it asks UKRI to work closely with departments, such as the Department of Health and Social Care and the Department for Energy Security and Net Zero, ensure governmental R&I work is joined up.14 The NAO found 105 government policy papers across 13 ministerial departments in the …

HM Treasury
13 Conclusion 41st Report - UK Research and Innovation Not Addressed

Long-term trends of private sector investment in UK R&I remain unavailable due to data limitations.

DSIT and UKRI advised us that private sector investment in UK R&I was £46.7 billion in 2024.27 We asked whether private investment in UK R&I has gone up or down in recent years. DSIT advised that it is going up, but that due to a correction to the ONS data …

Government response. The government states it is developing and will publish strategic objectives and key results for UKRI by Autumn 2025 to monitor its delivery against government priorities. However, this response does not address the committee's observation about the lack of long-term …
HM Treasury
27 Conclusion 41st Report - UK Research and Innovation

UKRI's quantum and synthetic biology investments successfully generate numerous spinouts and significant funding.

In correspondence following the session, DSIT stated that UKRI’s investment in Quantum Hubs has generated 17 spinout companies to date, 14 of which are still active. Similarly, DSIT wrote that UKRI has invested over £700m in synthetic biology R&I since 2007, including £115m into the Synthetic Biology for Growth Programme …

HM Treasury

Oral evidence sessions

1 session
Date Witnesses
5 Jun 2025 Alexandra Jones · Department of Science, Innovation and Technology, Professor Dame Ottoline Leyser DBE FRS · UK Research and Innovation (UKRI), Professor Paul Boyle CBE · Swansea University, Sarah Munby · Department for Business, Energy and Industrial Strategy, Siobhan Peters · UKRI, Sir David Grant CBE View ↗

Correspondence

2 letters
DateDirectionTitle
23 Feb 2026 To cttee Letter from the Chief Executive of UK Research and Innovation relating to the C…
1 Dec 2025 To cttee Letter from the Permanent Secretary at the Department for Energy Security & Net…