Rachel Reeves Unveils Landmark R&D Investment ...Middle East

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Rachel Reeves Unveils Landmark R&D Investment
source : Devdiscourse ( Middle East ) () 50
British finance minister Rachel Reeves is set to unveil a significant investment of 86 billion pounds in research and development as part of this week's spending review, according to the Department for Science, Innovation and Technology (DSIT). The funding, expected to reach over 22.5 billion pounds annually by 2029/30, aims to stimulate economic growth and job creation through advancements in drug development, battery life, and artificial intelligence.

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