There is a Guardian article about research projects, staffing etc, EU-based research grants. There is no way the government has the money to replace what the unis seem to have been gaining. But then knowledge is so commodified that once again how far 'we' as opposed to businesses gain is unclear. We'll lose some kudos for sure. And no point in having new cancer treatments unless you can afford the medical fees by the time austerity has finished with the NHS as turned it into a lifestyle advice service as per the aims of the current minister.

https://www.theguardian.com/education/2019/jan/04/a-no-deal-brexit-seriously-threatens-uk-universities

"There are many other serious implications for universities of crashing out of the EU without a deal on 29 March. These span procurement, data protection, the mutual recognition of qualifications and intellectual property. The contribution that universities make to local economies, through employment, services and support for regional supply chains, will also be put in jeopardy. Perhaps most importantly, a no-deal Brexit will compromise the vital research links which benefit wider society, from new cancer treatments to technologies combatting climate change."