BU Research Blog

The Department for Business, Innovation and Skills have published their Annual Report and Accounts for 2014-15.

The report highlights key acheivements, how they performed, and consolidated accounts.  The accounts show that the department’s spending on science and innovation in 2014-15 was around £500m, with £561m planned for 2015-16, including the budget for Innovate UK. Spending through the research councils remains stable at around £4.6 billion.