Agree Willy, and love the history!
The Spending Review 2025, Industrial Strategy 2025, and Critical Minerals Strategy 2025 are all being released in quick succession, The Industrial Strategy, originally slated for spring, was delayed until late June due to last-minute budget negotiations and the need to align spending plans. This sequencing is deliberate: by aligning funding announcements with the publication of these strategies, the government can claim full credit for supporting strategic sectors like rare earths and advanced manufacturing.
The government wants to ensure that when it funds high-profile projects—especially those that address critical supply chain vulnerabilities and create green jobs—it gets maximum visibility and can link the funding directly to its new policy frameworks.
The delay in funding for Ionic Technologies is best understood as a deliberate move by the UK government to synchronize major grant announcements with the release of its new Industrial (Invest 2035) and Critical Minerals Strategies and with the Spending Review just released, the window for major funding announcements is opening imminently, ensuring maximum public, political, and economic impact. With the government aiming to take full credit as part of its broader plan for industrial renewal and supply chain security.
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Agree Willy, and love the history! The Spending Review 2025,...
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