hmm. not much reassurance here - other than the full new system will be up by the '2027 to 2028 financial period' and 'To repeat the point: levels of funding for curiosity-driven research will remain stable across this SR period and are reflective of recent years'. lets hope we can hold out...

Open letter from Ian Chapman to research and innovation community
UKRI Chief Executive outlines changes to UKRI investment approach, addressing concerns about research funding and the financial position of STFC.