March 5, 2023
1 min read

UK to extend financial guarantee for EU research programme

EU had blocked Britain’s participation because of a row over post-Brexit trade rules governing Northern Ireland…reports Asian Lite News

Britain said on Monday it would extend until the end of June the financial guarantee it has provided to ensure UK applicants to the Horizon Europe scientific research programme continue to receive funding.

Under a Brexit trade agreement signed at the end of 2020, Britain negotiated access to a range of EU science and innovation programmes including Horizon, the EU’s key funding programme for researchers with an overall budget of 95.5 billion euros.

But the EU had blocked Britain’s participation because of a row over post-Brexit trade rules governing Northern Ireland.

A new agreement to resolve this dispute was reached last month and European Commission President Ursula von der Leyen has said once it is implemented, the EU can work on Britain joining the Horizon Europe research programme again.

The British government said on Monday it would extend until June 30 the financial guarantee it has provided UK Horizon Europe applicants “so that eligible, successful bids for calls closing on or before this date continue to be guaranteed funding, supporting them to continue their important work in research and innovation”.

The announcement came alongside the launch of a government plan to boost Britain’s science and technology sector, including 360 million pounds ($433 million) of funding on infrastructure and skills for growing technologies such as supercomputing and AI.

This includes 50 million pounds of extra funding for labs to help research institutes and universities improve their facilities and equipment, it said.

ALSO READ-Boris fires shot against Sunak’s Brexit deal

Previous Story

‘Absurd that India it is not permanent UNSC member’

Next Story

‘WPL will inspire young girls to follow their dreams’

Latest from -Top News

Bhutan King Takes Holy Dip at Maha Kumbh

So far, around 35 crore devotees have taken a holy dip at the Triveni Sangam….reports Asian Lite News Bhutan’s King Jigme Khesar Namgyel Wangchuck participated in the Maha Kumbh festivities in Prayagraj

Modi Set for White House Visit

The invitation comes days after a recent phone call between the two leaders on January 27…reports Asian Lite News Prime Minister Narendra Modi is set to visit the White House next week

US Faces Ire Over USAID Shutdown 

US President Donald Trump’s adviser and head of the Department of Government Efficiency (DOGE) Elon Musk said on Monday that Trump had agreed to shut down USAID, the main agency for foreign
Go toTop

Don't Miss

Brexit Costs UK Economy £140 Billion

The average Briton was nearly 2,000 pounds worse off in

Sunak resists call to set poll date amid leadership threat

A general election must be held by the end of