UK Chancellor announces £86 billion investment in science and technology over five years.

Chancellor Rachel Reeves is set to announce an £86 billion investment in science and technology, aimed at boosting research into drug treatments and longer-lasting batteries. The funding, worth over £22.5 billion annually by 2030, will be allocated to regions with local leaders deciding how it is used. While local leaders support the package, research backers argue more investment is needed to secure the UK's reputation for scientific excellence.