The UK Government’s 2025 Spending Review sets a clear direction for British industry, with transformative investments in innovation and clean energy infrastructure, including over £3 billion funding for the advanced manufacturing sector.

Yesterday’s announcement by the Chancellor includes confirmation of an ambitious programme for zero-emission vehicles and their supply chains, which we believe strongly supports Altilium’s mission to build a greener, circular battery supply chain in the UK.

Further details will be set out in the Clean Energy Industries and Advanced Manufacturing sector plans due at the end of June.

Key takeaways we’re watching closely include:

• £22.6 billion annual R&D investment by 2029–30 – supporting UK-based innovation, expected to include clean tech.
• Up to £27.8 billion capital for the new National Wealth Fund, prioritising clean energy, digital and technologies, advanced manufacturing and transport sectors.
• A modern Industrial Strategy – with critical materials and a circular economy likely to play a central role.
• Backing for new devolved and regional investment frameworks – including a new local growth fund – key for planned recycling facilities.

At Altilium, we’re positioning ourselves at the forefront of the UK’s transition to a low carbon economy and welcome the government’s long-term structural support for the clean energy and decarbonisation sectors, paving the way for the growth of a sustainable and globally competitive battery supply chain.

Read the full document here: https://www.gov.uk/government/publications/spending-review-2025-document