Overview
- DSIT detailed long-term funding from June’s Spending Review package, with UKRI to deliver more than £38 billion including nearly £10 billion in 2029/30.
- ARIA’s annual budget will increase from £220 million to £400 million by 2029/30, including support for work on robots for adult social care.
- Allocations include over £1.4 billion for the Met Office, more than £900 million for the National Academies, over £550 million for the National Measurement System, and £240 million for the AI Safety Institute.
- Ministers showcased collaborations such as IBM’s work with UKRI’s £210 million Hartree Centre and access to quantum resources via the National Quantum Computing Centre, with officials saying each £1 of public R&D typically attracts £2 of private investment.
- DSIT said further programme details and more information on UKRI budgets will be published later this year.