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      Bank of England Governor Andrew Bailey has suggested financial markets could crash if sovereign debt levels continue to spiral.

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R&D investment

  • 14 charts reveal the massive challenges facing UK and NATO defence spending

    Politics

    Defence spending is casting a shadow over Downing Street. Military officers are in a state of despair. The choices facing Sir Keir Starmer are stark. The political calculus for the Chancellor, Rachel Reeves, has become more complicated than ever as the Iran war puts public finances in danger. Their difficulties go back to February 2025 [...]

    Rachel Reeves Spring Statement
  • If Reeves wants Britain to lead in AI, she must offer tax incentives

    Opinion

    The government is aware of the levers it’s able to pull to compete on AI: planning, electricity connections, visas, higher education policy, direct subsidies. But where’s tax? Asks Tim Sarson A couple of weeks ago one of those mini news stories came along, the sort that is so neatly zeitgeisty that it demands further consideration. [...]

    Keanu Reeves at a press conference with journalists, wearing a tailored suit and engaging with the media in a professional...
  • Labour’s Liz Kendall unveils record £55bn R&D boost for UK innovation

    Tech

    Labour has announced a £55bn funding boost for science and technology, dubbing it the largest-ever long-term investment in UK research and development (R&D). The plan, confirmed today by the Department of Science, Innovation and Technology (DSIT), will pour billions into British research agencies and innovation bodies through to 2030 – part of the government’s drive [...]

    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system
  • Exclusive: Liz Kendall bets £55bn to close UK innovation gap

    October 30, 2025

    Britain’s new tech secretary, Liz Kendall, insists the government’s record £55bn R&D package marks a turning point for UK innovation, but with the country still lagging global rivals in key sectors, questions remain over whether even this scale of investment can close the gap. The funding, confirmed on Thursday by the Department for Science, Innovation [...]

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