Our budget

As a non-departmental public body sponsored by the Department for Business, Energy and Industrial Strategy (BEIS), UK Research and Innovation’s (UKRI) budget is determined by:

  • the overall funding allocated to BEIS for research and development at spending review and budgets
  • subsequent decisions by the Secretary of State as to how that funding should be allocated to UKRI and other partner bodies.

The BEIS Secretary of State decides on UKRI’s overall allocation and, within that, allocations to councils, key programmes and the balance of dual support. UKRI has a responsibility to provide advice to the BEIS Secretary of State on the allocation of research and innovation funding to inform these decisions. This is set out in the Higher Education and Research Act and UKRI framework agreement.

We have published a map which sets out the process of allocating UKRI’s budget following each spending review announcement. This map covers the two separate, but interlinked, threads of the process:

  • the BEIS allocation process, which determines UKRI’s overall organisational budgets
  • the UKRI allocation process, which determines how we allocate our overall budget across the organisation.

Our allocations are guided by our organisational objectives, and inform delivery planning across UKRI.

BEIS published their research and development allocations which will outline how they will allocate their research and development budget for the financial year 2021 to 2022, including UKRI’s allocation. In addition, we have published a detailed breakdown of UKRI’s budget allocation.

Last updated: 12 May 2022

This is the integrated website of the seven research councils, Research England and Innovate UK.
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