The UK's Budget includes significant funding for science, technology, AI, and space sectors. Investments include £10 million for SaxaVord Spaceport and £92 million for life science projects. The Budget aims to boost innovation, create jobs, and grow the economy.
Reflecting on two exciting days at #SpaceCommExpo2024, Geoff Busswell, our Head of Marketing and Sales, said: "It was great to be there with our new integrated e2E team, being part of roundtables, a panel session and meeting partners, customers, students, MPs and civil servants. https://t.co/LTpjPKbTbP
Exciting News at #SpaceCommExpo! Yesterday, I announced the Space Industrial Plan – a strategic roadmap for the UK's flourishing 🚀space industry, setting a clear direction for innovation, collaboration, and global leadership in space exploration. @spacegovuk @RollsRoyce… https://t.co/xhQVPnsZgT
Fantastic to see £92m of investments in critical life science manufacturing projects included in the budget, along with £45m to support the next generation of medical researchers. This will increase our health resilience while supporting innovation and job creation across the… https://t.co/4uIKLGPhb3
I’m focused on delivering this government’s record level of investment to cement the UK’s place as a Science and Technology Superpower. This Budget puts us firmly on the path to achieving this goal⏬ https://t.co/fUa0jYpjKz
Yesterday’s budget unveiled a raft of announcements to help the UK’s science and technology sectors: ⚡ unleash innovation 👨🏾🔬 create jobs 📈 grow the economy Read more about the funding for life sciences, AI safety, data access and the space sector: https://t.co/E74GyQI7b7 https://t.co/y9tA7QiEI9
What does the UK Spring Budget mean for the AI sector? https://t.co/opiZKiQKWa
🇬🇧Todays budget is good news for UK Space 🚀 The government will make available £10 million of funding via the Department for Science, Innovation and Technology to SaxaVord Spaceport in🏴 to support orbital launch in 2024, subject to due diligence. https://t.co/H8jTp4b31C
Looking forward to seeing you at #SpaceCommExpo tomorrow when I will be unveiling the Government's Space Industrial Plan @spacegovuk https://t.co/G81u7a8t9p
Today’s Budget is a huge boost for the UK’s science and technology sectors. Funding will further our leadership in AI, build on our research expertise and create new jobs across the UK.