Archive for March, 2014

UK knowledge investment continues to grow

Comments Off | 03-31-2014

New figures published today (31 March 2014) show that UK business is building success through ‘knowledge’ and ‘creative assets’. Investment in ‘intangible’ assets has increased by more than 10% to £137.5 billion from 2009 to 2011 and nearly half of this investment was protected by formal Intellectual Property Rights. Of this, 46% was protected by

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Posted in Real Estate Investment UK | Read More

Plans for £38 billion investment in railways unveiled

Comments Off | 03-31-2014

A route-by-route plan for how an ambitious 5-year programme to invest £38 billion in railways will take shape has been unveiled today (31 March 2014).
Millions of passengers across the country will benefit from the plan to transform the railways, giving passengers more trains, more seats, reduced congestion and bigger, better stations.
The 5-year plan for Network

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Posted in Manufacturing Investment UK | Read More

Financial Services Trade and Investment Board delivers boost to trade and inward investment in the UK economy

Comments Off | 03-31-2014

Today (31 March 2014) the Financial Services Trade and Investment Board (FSTIB) has published its first annual progress report announcing the 9 priorities it has identified to support trade and attract investment in the UK’s world class financial services sector. The board has pursed these priorities vigorously over the past year achieving substantial successes; today

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Posted in Finance industry | Read More

£4 million for agricultural innovation

Comments Off | 03-30-2014

Businesses including an urban farm and spin-outs from universities across the UK have received a share of £4 million of funding from government and industry to develop their innovative business ideas.

The government funding comes from the £70 million Agri-Tech Catalyst announced as part of the UK Industrial Strategy for Agricultural Technologies. It is designed to

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Chancellor announces £4.8m science boost for Manchester

Comments Off | 03-30-2014

The Chancellor of the Exchequer, George Osborne, visited Manchester today (28 March 2014) to announce a £4 million grant for a new materials science centre at Manchester University, and £800,000 for Manchester’s Museum of Science and Industry.
The Chancellor was speaking at Manchester University on a visit to see the National Graphene

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Lowest paid BIS contractors to benefit from pay rise

Comments Off | 03-30-2014

The lowest paid contracted staff, including cleaners, working at the Department for Business, Innovation and Skills (BIS) will benefit from an above inflation pay rise, Business Secretary Vince Cable announced today (28 March 2014).

From 1 April 2014, the lowest paid contracted staff at BIS offices across the UK will be paid £7.85 per hour,

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More than 40,000 budding entrepreneurs helped off benefits

Comments Off | 03-28-2014

More than 40,000 people have moved from claiming benefits to running their own business thanks to a government scheme that helps unemployed people turn their dreams of becoming their own boss into a reality.
These new businesses range from weight loss coaching and a vegan restaurant to a bespoke wedding service and a building firm.
Since its

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Finance Bill 14 brings in new tax changes

Comments Off | 03-28-2014

The government has published Finance Bill 2014, legislation implementing tax changes announced during the last year.

The bill contains measures which demonstrate government’s commitment to a tax system that delivers its long-term economic plan by helping hardworking households, supporting growth and clamping down on tax avoidance and evasion, including:

increasing the tax-free Personal Allowance to £10,000

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Foreign Secretary welcomes UN vote to support Crimea

Comments Off | 03-28-2014

Following a UN General Assembly vote in favour of the resolution to affirm the commitment to Ukraine’s territorial integrity, Foreign Secretary William Hague said:
The international community has sent a strong message through the passing of this resolution that Russia cannot simply trample over international law. The result reinforces the fundamental principles upon which the UN

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Government unlocks £194 million of college investment

Comments Off | 03-28-2014

Skills and Enterprise Minister Matthew Hancock today (27 March 2014) announced that 22 colleges will invest £194.3 million in the building of new state of the art facilities. This will include the building of specialist construction centres, advanced engineering facilities and cutting edge design departments across the country.

The total investment includes £113.8 million of government

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Posted in Media Investment UK | Read More