In reply to Big Ger:
Just to balance out the OP
I've just rolled out £30M of R&D support to support competitiveness, business, product and production improvement in around 3000 small businesses as part of the EU's ERDF programmes. This covers Aero and Auto, Low Carbon etc.
As from the Chancellor's Autumn statement, there will be no further sign off from DCLG of any more programmes. Apocryphal, but verified stories of 'difficulty' for U.K. Partners joining Horizon 2020 research consortia, and no UK gov statements as to how they're going to match our current European Research Council funding.
At this moment, there's no lead at all regarding interim arrangements for R&D funding for the most prolific and successful Country (currently) in Europe.
The only relevant statement promising vital support is from our favourite unelectable trot at his party conference yesterday.
While I realise that the EU was only recycling our own money back into research, at least it did it. UK gov from both sides has focused funding into Russell Group and other concentrated centres of 'Excellence', which often miss the point. The EU funding was generally the only level playing field in town, which focused on the quality of science rather than where you're from.
Rant over.