Re: And the haemorrhaging continues
I think you need to step back and remind yourself about how scientific research funding worked before the UK delegated some matters to the EU.
As you note Westminster has to juggle many balls. However, it chooses to open its mouth, so way back the UK decided to invest in some physics research, however, politicians (as we are being reminded of again with last weeks by elections) always have one eye on the opinion polls. Hence having committed to spend money when it came to actually paying out the money, the press jumped on the government for spending on science rather than welfare/NHS/public sector pay etc.. so government delayed and delayed …
Some weren’t unaware of the problem and decided a good way to avoid this trial by media was to delegate research spending so that it was no longer a matter for Parliament to approve specific research (project) spend (*). Additionally, it was recognised the UK on its own wasn’t going to achieve much, it needed to collaborate with others, hence the seeds were sown for Horizon. Which despite its problems - which you have identified a few, has largely enabled scientific research to be funded in the UK out of the Westminster limelight.
Hence my point is that (with Brexit), we are back to the pre-EU situation at Westminster. I expect Rishi will, with a general election just over the horizon, be wanting to doing stuff that polls favourably rather than what is right, hence wouldn’t be surprised if he will try and delay committing to Horizon until after the election. Remember researchers don’t tend to be big backers of the Conservative Party, but house builders and wealthy idiots are…
So what I and I suspect many others want is, not to prioritise research spend but to deliver on what they promise. The Conservatives promised the UK would continue to be in Horizonn, so they need to deliver.
(*) We can take this as being “successful” as the leave campaign in focusing on how much money went to the EU failed to understand all the desired spend that was within that - Horizon being just one example.