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The government of UK announced an extra £4.7 billion (US$6.1 billion) into research and development (R&D) by 2020–21, which allayed the fears of many UK scientists which had erupted ahead of Brexit. In this announcement, the biggest winner will be an innovation agency, Innovate UK. Previously known as Technology Strategy Board, it is a small government advisory panel of industrialists and civil servants. This body has rebranded itself to become a top funder and has its budget quadruple to around £800 million a year, which it has gained through research grants from various research organizations and businesses. This funding may now also include Industrial Strategy C...