So, if your field appears instantly/imminently monetisable, then the private sector is an option. However, the wider benefits of your research are VERY unlikely to reach the wider public in your lifetime. Yes, you will basically be working to make someone else rich. However, this kind of grant is very likely to succeed in academic settings as universities love patents.
If you’re doing abstract or fundamental research, you’re pretty much out of luck - the private sector does not want anything to do with this. However, it’s little better in the academic sector because you have to spend almost all your time chasing grants, or teaching topics outside your expertise (i.e. the ones industry sees immediate value in) to survive.
In short, there is a lot of options to finish things (because everyone loves intellectual property as an asset), but very few to develop them (no-one likes to pay for the groundwork).



















I’ll put this thought out here for anyone saying “they voted for Brexit”.
Given the age divide on that vote, most folks who voted for it are enjoying retirement, or are just plain dead.
Brexit is a root cause, however simple corporate greed and mismanagement are also a huge factor of the UK’s dysfunction. Keep in mind, most of our large companies are owned by the US or countries in Europe (so the profits vanish overseas); a lot of our housing acts as an investment for the wealthy of other nations (driving the cost of living crisis); we’ve also got the “north/south” divide, where all the wealth and investment stats in and around London.
We’re also exiting over a decade under a party who see poverty as a moral failing, and voted in a party that lacks the balls to make the changes needed to begin reversing these issues.
So, all things said, there’s a lot more at play than just the act of national self harm that was Brexit.