Philip Hammond will use spring statement to support hi-tech industry in Cambridge, Edinburgh and Oxfordshire

Philip Hammond will boost public spending on genetic research and laser technology by £200m in this week’s spring statement to support some of Britain’s fastest-growing industries as they prepare for Brexit.

The chancellor said the extra spending on projects in Cambridge, Edinburgh and Oxfordshire, would ensure the UK was “at the forefront of science and technology innovation” and maintain its reputation as a “pioneering nation as it leaves the EU”.

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