Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Hammond in £200m boost for scientific research

Chancellor Philip Hammond (Stefan Rousseau/PA)
Chancellor Philip Hammond (Stefan Rousseau/PA)

The Chancellor is to unveil plans for a £200 million investment in cutting-edge scientific research when he delivers his Spring Statement on Wednesday.

Philip Hammond said the additional funding would help maintain the UK’s “pole position” in technological innovation as the country prepares to leave the EU.

The Government is committed to raising investment in research and development to 2.4% of GDP through its industrial strategy.

Among the projects to benefit from the latest cash injection will be the Harwell Campus in Oxfordshire, which will receive £81 million for work developing state-of-the-art laser technology.

The research will help understand how particular materials react in different conditions, such as a replacement joint when it is inserted into the human body.

A further £79 million will go to develop a new national “super-computer” in Edinburgh, five times quicker than the UK’s current capabilities.

It will be used across a range of research programmes including medicine, climate science and aerospace, while building on previous British breakthroughs in targeted treatments for arthritis and HIV.

There will be another £45 million for genetic research in Cambridge, providing additional computing and storage capacity.

It will support efforts to sequence one million genomes – a world first – and to explore innovative cell therapies to tackle genetic diseases.

Mr Hammond said: “UK scientific research is worth £36 billion and is at the cutting edge of international innovation and discovery.

“We want to retain pole position as we leave the EU, and the announcements I make next week will ensure we maintain our competitive advantage.

“These investments will support innovators across the country to make the breakthroughs that will push biotechnology, medicine, science and aerospace forward.”

The move comes as the Treasury has sought to play down expectations of major spending announcements in the Spring Statement, which is expected to focus mainly on the latest economic forecasts.