Brexit could leave £1.5 billion funding hole for research

The UK government would be left having to fill a £1.5 billion (US$1.9 billion) hole in funding for research if its Brexit strategy leaves it unable to join the European Union’s Horizon Europe research programme from 2021, according to a new report commissioned by the universities minister.

Until now, the cost to the UK of participation in EU research and innovation programmes has been met within the UK’s wider financial subscription to the EU. In future, these costs will need to be justified alongside competing demands for public spending, the report says.

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