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The UK is on the verge of rejoining the Horizon research programme, according to media reports which claim Rishi Sunak has approved a deal for British membership of the European Union’s flagship scheme.

According to Bloomberg News, the UK prime minister has given the go-ahead for officials to strike an agreement that will see the UK associate to the €95 billion (£82 billion) scheme.

The deal is expected to be announced this week, Bloomberg News has claimed.

Mr Sunak had been expected to announce the UK’s return to Horizon in July after Politico reported that a draft deal had been agreed between officials in Whitehall and Brussels over the cost of Britain’s contributions to the scheme. However, it was later confirmed that the decision would not be taken before the summer and would likely occur in September.

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