What we do


Annual report and accounts

Our annual report 2019 to 2020 sets out our milestones and achievements for the year. It incorporates UKRI and our nine councils and has been laid before Parliament.

Where we spent our money

UKRI spent nearly £8 billion for the year ending 31 March 2019:

  • £3.28 billion in pioneering ideas
  • £1.73 billion in research and innovation infrastructure
  • £1.6 billion in cutting-edge innovation to improve the business environment
  • £356 million in international collaborations
  • £541 million in people

Previous report

UKRI annual report and accounts 2018 to 2019 (PDF, 4MB)

Last updated: 16 April 2021

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