Part of 1. Questions to the Minister for Economy – in the Senedd at 1:57 pm on 14 December 2022.
The UK Government recently announced a package of measures to support UK R&D amidst the continuing uncertainty over association with Horizon Europe. Within the package, as you've mentioned, is a pledge of £100 million quality-related funding for English universities, from which Wales will receive consequentials. It is important to highlight the fact that QR funding is unique in the sense that there are very few areas where Wales is directly competing against England, but universities are one of those areas competing for grants and students, both domestic and international. The loss of any funding reduces potential growth in Wales and increases the likelihood of brain drain. Welsh universities must have the same pro rata as English universities, if we are going to be able to compete for UK-wide funding, so is the Minister therefore willing to make assurances that any consequentials that come the Welsh Government's way will be ring-fenced for QR funding for Welsh universities?