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This Government wants the UK to be the go-to place for innovators and investors across the world, and we intend to secure the best possible outcome for the UK research base as we exit the European Union.

As the Prime Minister has said, we would welcome an agreement to continue to collaborate with our European partners on major science, research, and technology initiatives. We have been clear that we want to create an environment in which the UK as a whole can continue to be a world leader in research, science and the tertiary education sector more broadly.

UK businesses and universities should continue to bid for competitive EU funds while we remain a member of the EU and we will work with the Commission to ensure payment when funds are awarded. The Treasury will underwrite the payment of such awards, even when specific projects continue beyond the UK\u2019s departure from the EU.

Whatever happens in the future, the Government is committed to ensuring the UK remains a world leader in international research and innovation.
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