“We welcome the Budget measures to accelerate R&D tax relief for life science and advanced manufacturing companies, providing a further boost to the UK’s ambition of becoming a science and tech superpower.

“Similarly, the announcement of an additional £360 million across life sciences, automotive and aerospace sectors is a step forward in helping to turbocharge the UK’s world-leading R&D capabilities across leading innovation clusters.  

“Together, these measures will likely help strengthen the demand for flexible laboratory and commercial space across the UK’s life science ecosystem. Having a streamlined approach to planning, such as the ten-day Local Development Order in place here at Milton Park, will be required to help meet this growing demand now and in the future.”