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Budget 2017: Funding for robotics and batteries dismissed as underpowered

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Written by TechBug

A pledge to fund £270m of research in robotics, next-generation batteries and biotech announced in Wednesday’s Budgets was dismissed by the industry as woeful despite being a key pillar of the Government’s industrial strategy.

The Treasury announced the first phase of its “Industrial Strategy Challenge Fund”, an effort to back groundbreaking technologies being developed by UK tech companies and universities.

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