Spending Review 2025: Faster Drug Treatments and Longer-Lasting Batteries to Come From £86bn Science and Tech Package
- Chancellor Rachel Reeves will announce an £86 billion funding package this week to boost science and technology across the UK.
- This funding responds to the need for regional empowerment and aims to support faster drug treatments and longer-lasting batteries.
- Local leaders will control up to £500 million each to invest in projects like drug discovery in Liverpool and microchip design in South Wales.
- Peter Kyle highlighted the remarkable and wide-reaching research taking place across the nation, while Reeves described the UK as a leading center for science and technology.
- This investment, expected to exceed £22.5 billion annually by 2030, aims to create jobs, drive economic growth, and reinforce national security.
14 Articles
14 Articles
Reeves to Announce £86 Billion for Science and Technology in Spending Review
Research into drug treatments and longer-lasting batteries will receive new funding as part of an £86 billion package for science and technology set to be announced in next week's spending review.


Rachel Reeves to announce £86bn for science and technology in spending review
Research into drug treatments and longer-lasting batteries will receive new funding as part of an £86 billion package for science and technology set to be announced in next week’s spending review.
UK announces major investment in science, technology, and defence by 2030
LONDON, June 8 — The UK government today announced £86 billion (US$108 billion) of investment in science, technology, and defence by 2030, days before it unveils its spending plan for the coming years. Labour finance minister Rachel Reeves has announced drastic cuts to public budgets in recent months amid tight fiscal conditions and has also authorised more borrowing for investment, unlocking a total of £113 billion (US$142 billion) by the end o…
Spending Review 2025: Faster drug treatments and longer-lasting batteries to come from £86bn science and tech package
Each region in England will be handed up to £500m to spend on science and technology projects of their choice, the Department for Science, Innovation and Technology says.
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