https://www.thetimes.co.uk/article/secrecy-for-high-risk-tech-research-agency-aria-h72lql80k

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Secrecy for high-risk tech research agency Aria

Steven Swinford, Political Editor
Wednesday February 17 2021, 12.01am, The Times
Kwasi Kwarteng, the business secretary, has decided to push ahead
with the body to fund cutting-edge technologies
Kwasi Kwarteng, the business secretary, has decided to push ahead
with the body to fund cutting-edge technologies
VICTORIA JONES/PA
Steven Swinford, Political Editor
Wednesday February 17 2021, 12.01am, The Times

Ministers will announce plans tomorrow for an PS800 million scientific
research agency legally entitled to invest in projects that are
likely to fail and which will be exempted from freedom of information
laws.

New legislation will found the Advanced Research and Invention
Agency, or Aria, and allow it to operate as independently as possible
by investing in "high-risk, high-reward" projects.

Sponsored

It will be exempt from rules designed to prevent taxpayers' money
from being invested in projects with little chance of success.
Ministers hope that the agency, to be set up next year, will produce
next-generation technology.

The project's future was put in doubt when Dominic Cummings, the
prime minister's adviser, left Downing Street after an internal power
struggle. Kwasi Kwarteng, the business secretary, has now

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