
Transformative £86 billion boost to science and tech to turbocharge economy, with regions backed to take cutting-edge research into own hands
Funding package worth more than £22.5 billion a year in 2029 will boost Britain’s world-leading status in research and innovation. Press Release – 8 June 2025 – From:Department for Science, Innovation and Technology, HM Treasury, The Rt Hon Rachel Reeves MP and The Rt Hon Peter Kyle MP Chancellor Rachel Reeves will announce a transformative £86 billion in the Spending Review to turbo-charge our fastest growing sectors, from tech … Continue reading Transformative £86 billion boost to science and tech to turbocharge economy, with regions backed to take cutting-edge research into own hands