Government confirms £86 billion R&D funding package over the next five years
The Department for Science, Innovation and Technology (DSIT) has confirmed that the Chancellor of the Exchequer will announce, at the Spending Review on Wednesday, a funding package for R&D worth £86 billion over the next five years. The investment will also feature a new £500 million Local Innovation Partnerships Fund (LPIF) earmarked for local leaders. Commenting …