Archive for November, 2013

Energy minister awards record number of licences to UK independent oil exploration companies

Comments Off | 11-30-2013

UK independent oil and gas companies will be incentivised to invest and undertake additional exploration, as Government awards a further 52 oil and gas licences.
UK independent oil and gas companies will be incentivised to invest and undertake additional exploration, as Government awarded a further 52 oil and gas licences today, bringing the total number of

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Universal Credit encourages people to look for jobs

Comments Off | 11-30-2013

Research shows that Universal Credit claimants do more to get into work than jobseekers claiming under the current system.
Universal Credit claimants are doing more to get into work than jobseekers claiming under the current system, as research shows the new benefit is providing better incentives to move off benefits.
The first research on Universal Credit published

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New projects receive £1 million to improve local air quality

Comments Off | 11-30-2013

Environment Minister Dan Rogerson has announced the local authorities to receive new funding from the Air Quality Grant Programme
More than thirty projects across England will benefit from a £1 million government fund to improve air quality, Environment Minister Dan Rogerson has announced today.
This money will be used for a wide range of new local projects

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International investment secured to build 6,600 homes in the UK

Comments Off | 11-29-2013

Vince Cable welcomes new £700 million inward investment deal, which will be delivered through UK company Sigma Capital Group.
Business Secretary Vince Cable today (28 November 2013) welcomed a new £700 million inward investment deal, which will be delivered through UK company Sigma Capital Group with backing from international investors, Gatehouse Bank.
The new joint venture will

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New creative sector taskforce to boost trade by £500 million

Comments Off | 11-29-2013

A drive to help the UK’s creative companies win high value contracts overseas will be launched by the government today (28 November 2013).
UK Trade & Investment (UKTI) will support a taskforce of the UK’s top 100 creative sector small and medium sized enterprises (SMEs) to win £500 million worth of high value overseas contracts in

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Bank of England and HM Treasury re-focus the Funding for Lending Scheme to support business lending in 2014

Comments Off | 11-29-2013

Bank of England and HM Treasury announce changes to the terms of the Funding for Lending Scheme (FLS) extension to re-focus incentives towards supporting business lending.
The Bank of England and HM Treasury are today announcing changes to the terms of the Funding for Lending Scheme (FLS) extension to re-focus the incentives in the scheme towards

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Floods cost UK economy nearly £600 million

Comments Off | 11-28-2013

One year on from some of the worst flooding in 2012, latest research by the Environment Agency reveals that last year’s record-breaking wet year in England could have cost the UK economy close to £600million.
The overall financial cost to businesses of the extreme weather was up to £200m as total commercial property and contents damage

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The Future of the West: The UK’s Evolving Role in the World

Comments Off | 11-28-2013

Speaking at CSIS, Ambassador Westmacott discusses the UK-US relationship and emerging global political, economic and environmental issues.
Dr Hamre thank you so much, that’s a very scary introduction. The bad news is that I’m going to talk for a little bit, and then I’m looking forward to listening to people’s questions

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Foreign Secretary congratulates Dubai on being named Expo 2020 host

Comments Off | 11-28-2013

Foreign Secretary praises Dubai’s outstanding bid, and expresses delight at Dubai being chosen to host Expo 2020.
Speaking after Dubai was selected as host of Expo 2020, Foreign Secretary William Hague said:
“I am delighted that Dubai has been chosen to host Expo 2020 especially given the other strong contenders. But as I have said before, Dubai’s

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UK companies must do more to tackle cyber threat

Comments Off | 11-27-2013

The UK’s top companies are not considering cyber risks in their decision making, a new survey has revealed.
The UK’s top companies are not considering cyber risks in their decision making, a new survey from the Department for Business, Innovation & Skills has revealed.
The survey of FTSE 350 firms showed only 14% are regularly considering cyber

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