Innovate UK supports UK-based businesses to invest in research, development, and innovation through grant funding, loans, or procurements. You can browse and apply for funding opportunities through their Innovation Funding Service.
Various types of funding opportunities are available throughout the year. Each opportunity has its own eligibility criteria and scope. The Innovation Funding Service has information on what funding opportunities are available and which ones may be right for you.
It is important that you read the full eligibility, scope, and guidance for a funding opportunity before you apply.
See: Innovation competitions - Innovation Funding Service (apply-for-innovation-funding.service.gov.uk)
Unregulated Buy Now Pay Later (BNPL) agreements will fall under full FCA regulation from 15 July 2026. For the first time, BNPL lenders will need to meet the same expectations as other consumer-credit providers. With almost 11 million UK adults using BNPL in 2024, according to an FCA survey, this is a significant change.
The government has published the draft secondary legislation for the UK’s Carbon Border Adjustment Mechanism (CBAM), which is due to go live on 1 January 2027. This is an important development for UK businesses importing affected materials.