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Research and Development funding

The Budget includes an additional £45 million to “accelerate medical research”
into common diseases like cancer, dementia and epilepsy. It’s part of a £360 million package to support innovative R&D and manufacturing
projects across the life sciences, automotive and aerospace sectors.

The Green Industries Growth Accelerator will be allocated an extra £120 million to build supply chains for offshore wind and carbon capture and
storage, officials added.