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News in English (USA) / 08.06.2025 / 17:00

UK Government Announces £86 Billion Investment in Science and Technology

In a bold move to rejuvenate the economy, the UK government has unveiled a transformative funding plan of £86 billion dedicated to science, technology, and defense. This investment, framed as a crucial element of the upcoming Spending Review, aims to drive innovation and support regional growth by allocating significant resources to research and development. Rachel Reeves, likened to Steve Jobs for her ambitious financial strategies, will lead the charge in implementing this package, which is expected to create job opportunities and foster advancements in areas such as drug treatments and battery technology. Ministers have highlighted the importance of long-term investments in research, reinforcing the UK’s commitment to being at the forefront of scientific and technological advancements.
BBC, Sky News, The Guardian, Reuters, The Times, Russell Group, "Barrons", Workplace Insight, the-independent.com, GOV.UK