Rachel Reeves. — Bloomberg
LONDON: The UK government has announced £86bil (US$116bil) of investment in science, technology and defence by 2030, days before it unveils its spending plan for the coming years.
Labour finance minister Rachel Reeves has announced drastic cuts to public budgets in recent months amid tight fiscal conditions and has also authorised more borrowing for investment, unlocking a total of £113bil by the end of the decade.
