Report

What recent policy announcements mean for Research and Innovation

Think tank: NCUB

Author(s): Various authors

July 10, 2025

This report from UK think tank NCUB looks at the key announcements from the Spending Review and Industrial Strategy.

the Chancellor has pledged £86 billion on R&D over the next four years. But does this signal continuity or change? This briefing summarises key announcements from the Spending Review and Industrial Strategy relevant to research and innovation in the UK.