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CaSE initial response to the 2025 Spring Statement

26 Mar 2025

On 26th March 2025 the Chancellor, Rachel Reeves, delivered a spring statement. Here is CaSE’s initial response:

“Today’s spring statement confirmed the difficult context for the upcoming spending review. The Chancellor emphasised the importance of economic growth – and we will continue, alongside the rest of the R&D sector, to make a strong case for R&D’s role in delivering it, and for an ambitious settlement for R&D and innovation in June. It is welcome that the chancellor recognises the importance of capital investment, which includes R&D.

“Defence R&D is an important part of the UK research system. It is critical that the breadth of UK R&D is supported by the UK Government if R&D is to drive economic growth and deliver wide ranging benefits to society.

“We look forward to seeing the detail behind the fiscal measures announced today and await the detail of departmental allocations following the autumn budget last October. Proper scrutiny of R&D funding allocations is of great importance ahead of the spending review this June.”

Dr Alicia Greated
Executive Director, CaSE