Oxford and Cambridge universities, once given more than £130m a year in total by European research programmes, are now getting £1m annually between them

One of the UK’s most prestigious universities has seen its funding from a large European research programme plummet from £62m a year to nothing since Brexit, new figures show.

The latest statistics from the European Commission reveal that Cambridge University, which netted €483m (£433m) over the seven years of the last European research funding programme, Horizon 2020, has not received any funding in the first two years of the new Horizon Europe programme.

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