Research on faster drug treatments and sustainable batteries will be part of the scientific and technological funding of 86 billion pounds sterling which will have to be revealed in the examination of government spending next week.
Wednesday, Chancellor Rachel Reeves will unveil the amount of taxpayers that each government department will obtain.
Each England region will be given to 500 million pounds sterling to spend on scientific and technological projects of its choice, according to the Department of Sciences, Innovation and Technology (DSIT).
In Liverpool, funding is intended to accelerate the development of new drug treatments, while in the south of Wales, it will finance durable micropuits for smartphones and electric cars.
In the whole by 2030, Ms. Reeves expenditure package Vas more than 22.5 billion pounds sterling per year, according to the government.
“Great Britain is the House of Sciences and Technology,” she said on Sunday. “Thanks to the” change plan “, we invest in the renewal of Great Britain to create jobs, protect our security against foreign threats and improve workers’ families.”
The Secretary of Sciences and Technology, Peter Kyle, added: “Incredible and ambitious research is continuing in all the corners of our country, from Liverpool to Inverness, Swansea in Belfast, which is why the empowerment of regions to exploit the expertise and local skills for all our advantage is at the heart of this new funding – helping to offer economic growth at the center of our plan for change.”
Learn more
2025 expenditure review: everything you need to know
How much money will each department get?
Please use Chrome Browser for a more accessible video player
Can AI predict the expenditure exam, asks the deputy political editor of Sky Sam Coates
The flat budget of real terms “will not be enough”
Regional leaders such as the mayor of northeast Kim McGuiness and the mayor of West Midlands, Richard Parker, praised the promise of funding.
But the announcement was faced with the caution of industry leaders.
John-Arne Rottingden, Director General of Wellcome, the largest non-governmental research fund in the United Kingdom, said: “Although it is positive in financial circumstances, a real flat scientific budget, as well as continuous obstacles such as high visa costs for talented scientists and the university funding crisis, will not be sufficient for the United Kingdom.”
He said that the United Kingdom should “aim to direct the G7 in the intensity of research” to “cause economic growth” and “the progress of health, science and technology that all benefit us”.
👉 Click here to listen to the electoral dysfunction on your podcast application 👈
The director of policies and public affairs at the Institut de Physique Tony McBride has expressed similar concerns.
“To fully exploit the transformational potential of research and innovation – wherever it takes place – we need a strategic plan for a decade,” he said.
Mr. McBride said that a “plan for a skilled workforce … starting with teachers and to contact each educational stage” is essential – what he hopes will be in the examination of Ms. Reeve’s expenses.
Among the other expected announcements are a potential boost of the two -children’s profit cap and a green light to a new nuclear power plant in Suffolk – Sizewell C.