Latest Public Sector News


Up to £204bn in government funding to boost innovation, business, energy and science

Plans have been laid out by government to drive the UK forward with business, growth, opportunity and skills, including a boost for innovation and science.

Last week, Business and Energy secretary Andrea Leadsom, launched a number of new measures to promote and support UK researchers and businesses able to innovate and revolutionise the technological industry in its mission to go green.

This will enable leading UK industries to become the driving force behind changing the way people live, work and travel. All the while supporting the government’s ambition to be a world-leader in tackling climate change and ensure the UK isn’t contributing to climate change by 2050.

The promotion of a clean growth sector will see a rise in jobs, export opportunities and skills across the country.

The first measure is a £222m investment in a visionary fusion reactor design programme, known as STEP (Spherical Tokamak for Energy Production), in a bid to adopt fusion energy.

The programme will aim to design, develop and build a fusion power plant able to provide clean energy to the grid by 2040.

An additional £184m pot will be provided over the next five years to fund new facilities and further ensure that the UK is a global hub for fusion innovation.

£1bn more in funding will be spent on the development and integration of cutting-edge electric vehicles for the next generation.

This will include a focus on research and mass production of batteries, electric motors, hydrogen fuel cells and all other material supply chains.

The final measure is a boost to health technologies and life-sciences. Despite this sector contributing almost £74bn a year and providing jobs to a quarter of a million people across the country, it needs the correct financing to grow.

The government has earmarked £600m to push this industry to its full potential and allow UK patients to benefit from ground-breaking treatments.


There are no comments. Why not be the first?

Add your comment


public sector executive tv

more videos >

last word

Prevention: Investing for the future

Prevention: Investing for the future

Rob Whiteman, CEO at the Chartered Institute of Public Finance (CIPFA), discusses the benefits of long-term preventative investment. Rising demand, reducing resource – this has been the r more > more last word articles >

public sector focus

View all News


Peter Kyle MP: It’s time to say thank you this Public Service Day

21/06/2019Peter Kyle MP: It’s time to say thank you this Public Service Day

Taking time to say thank you is one of the hidden pillars of a society. Bei... more >
How community-led initiatives can help save the housing shortage

19/06/2019How community-led initiatives can help save the housing shortage

Tom Chance, director at the National Community Land Trust Network, argues t... more >


Artificial intelligence: the devil is in the data

17/12/2018Artificial intelligence: the devil is in the data

It’s no secret that the public sector and its service providers need ... more >

the raven's daily blog

Utilising data to best deliver meaningful public services

14/11/2019Utilising data to best deliver meaningful public services

Public Sector Executive’s Matt Roberts explains how living in a modern, interconnected world, as we do, means public sector organisations cannot afford to ignore the rol... more >
read more blog posts from 'the raven' >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >