BioCentury
ARTICLE | Politics & Policy

U.K. to guarantee EU-tied research funding

August 15, 2016 7:00 AM UTC

The U.K. government will guarantee funding for EU-backed "structural and investment fund" projects whose timelines extend beyond the U.K.'s departure from the EU, provided the projects are signed prior to this year's Autumn Statement on the U.K. budget. The move ensures continued funding for U.K. companies and institutions participating in the EU's Horizon 2020 R&D project.

The U.K. Treasury said it will assess whether to fund projects signed after the Autumn Statement and prior to the U.K.'s exit from the EU. ...