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<p>The Chancellor has been clear that raising productivity is the only way to expand
the economy in the long term. Doing so will mean encouraging growth in the manufacturing
sector, boosting the adoption of technology and enabling more British firms to export.
That’s why we increased the National Productivity Investment Fund to £37bn at Budget
2018, and have announced a wide range of productivity enhancing measures at previous
fiscal events. Most recently this has included £81 million for a new extreme photonics
centre in Oxfordshire, £45 million for the European Bioinformatics Institute, and
£79 million for a new supercomputer to be hosted at Edinburgh University.</p><p> </p>
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