Select Committee · Public Accounts Committee

UK Research and Innovation

Status: Closed Opened: 26 Mar 2025 Closed: 22 Sep 2025 11 recommendations 19 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 … Show more

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Reports

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

Recommendations & Conclusions

3 items
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 … Read more

Government response AI summary
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 private sector R&I investment data.
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HM Treasury
27 Conclusion 41st Report - UK Research and Innovation Not Addressed

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 … Read more

Government response AI summary
The government states it agrees with a recommendation and outlines future plans for DSIT and UKRI allocations, identifying where to have the greatest impact on scaling innovation, and considering the financial sustainability of university research. However, this response does not address the conclusion, which merely …
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HM Treasury
29 Conclusion 41st Report - UK Research and Innovation Not Addressed

UKRI plays a significant role in developing crucial skills for research commercialisation.

DSIT stressed that specific skills are needed to turn research into commercial success.78 Professor Grant told us that UKRI plays a much bigger role than people realise in building the skills of people who move from research into industry.79 UKRI told us it has done a lot of work to … Read more

Government response AI summary
The government states it agrees with a recommendation and outlines future plans for DSIT and UKRI allocations, identifying where to have the greatest impact on scaling innovation, and considering the financial sustainability of university research. However, this response does not address the conclusion, which merely …
Read full response →
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 ↗

Who gave evidence

6 witnesses
WitnessOrganisationSessions
Alexandra Jones · Director General, Science, Innovation and Growth Department of Science, Innovation and Technology 1
Professor Dame Ottoline Leyser DBE FRS · Chief Executive UK Research and Innovation (UKRI) 1
Professor Paul Boyle CBE · Universities UK Board Member and Vice Chancellor Swansea University 1
Sarah Munby · Permanent Secretary Department for Business, Energy and Industrial Strategy 1
Siobhan Peters · Chief Finance Officer UKRI 1
Sir David Grant CBE 1

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…