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BRITAIN "could be better off" if forced to establish its own counterpart to Horizon Europe - the EU's flagship research funding programme - a University of Oxford Professor has said.

Launched last year as the successor to the Horizon 2020 programme, Horizon Europe is a seven-year initiative to provide funding for scientific research and innovation. Horizon Europe — which is intended to boost European science spending by 50 percent by 2027 and was launched with a budget of €95.5billion (£80billion) — is open to applications from both within the EU and associated countries. Back in late 2020, alongside signing the Trade and Cooperation Agreement, the UK and the EU reached an agreement in principle that the UK would associate with Horizon Europe after Brexit — but this arrangement has yet to be finalised, more than a year later.

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