UK ‘in talks with UAE’ over Life Sciences Investment Programme


Chancellor reportedly finalising plans to launch public-private investment fund ahead of March budget

The UK government is reportedly in talks with a United Arab Emirates sovereign wealth fund to back a life sciences investment programme worth hundreds of millions of pounds.

According to the Financial Times, chancellor Rishi Sunak is finalising plans to launch the public-private investment fund, which could be announced as early as the budget on 3 March.

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