The EPSRC have issued their annual report where they are focussing on securing better value for money and investing in skills training and research. You can read Research Professionals article on the EPSRC’s annual report here.
EPSRC have also issued a report of their funding rates for last year. In this period, EPSRC considered 2,386 research grant proposals through peer review and provided funding for 914, giving a funding rate of 38%. This amounted to a demand of £1,823M, with funding for £713M and funding rate by value of 39%.