Ministers commit to £86bn for ‘breakthrough’ UK science and tech R&D

Mayors welcome £500m set aside for regional authorities to target investment locally New drug treatments, longer-lasting batteries and developing artificial intelligence are among research projects that will receive funding as part of an £86bn government investment into science and technology. Ministers have announced a £22.5bn a year commitment in research and development (R&D) over the next four years, including up to £500m for regional authorities to target the investment locally.