Published: 9 June 2025

The Department for Science, Innovation and Technology has announced £86 billion for R&D funding for the next Spending Review period.

Nicola Perrin, Chief Executive of the Association of Medical Research Charities, said:

“Given the tough financial climate and many competing priorities, it’s fantastic to see the Government backing research and innovation. This is a smart investment – it will not only drive economic growth and productivity, but will also benefit patients across the country and unlock new ways to prevent, diagnose and treat disease. We look forward to seeing more detail and, most importantly, how this funding will secure the fundamental building blocks that underpin UK R&D.”