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Evening Standard
Evening Standard
Politics
Nina Lloyd

Rachel Reeves to announce £86bn for science and technology in spending review

Chancellor Rachel Reeves says Britain is ‘the home of science and technology’ (PA) - (PA Archive)

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.

Regions will be handed up to £500 million with local leaders given powers to decide how investment is targeted in their communities, the Department for Science, Innovation and Technology (DSIT) said.

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