Posts Tagged ‘UK investment’

New plan to power the electronics industry to growth

Comments Off | 10-19-2011

A new strategy to grow the UK’s power electronics industry and increase its share of the £135 billion global market was published today by Business Minister Mark Prisk.
Britain is a world leader in many aspects of power electronics. The technology is used to do everything from making mobile phone batteries last longer and hybrid cars

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UK research base most productive in the world

Comments Off | 10-19-2011

The UK is a world-leader in science and research, according to a new report being launched today by Universities and Science Minister David Willetts at a Science Council lecture on research impact.
The ‘International Comparative Performance of the UK Research Base 2011’ report was compiled by Elsevier and published by the Department for Business, Innovation and

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Minister gives kick-start to volunteering at launch of vision and fund

Comments Off | 10-18-2011

Volunteers play a crucial role in health and social care services, and to support this Paul Burstow will announce that up to £2.6 million will be available for national volunteering and social action projects in 2012. Fifty-one local projects will be approved today, with a combined value of approximately £2.5 million.
The funding is given to

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Consultation on the future role of the Financial Reporting Council

Comments Off | 10-18-2011

A consultation proposing the refocusing and streamlining of the Financial Reporting Council (FRC) is being launched by the Department for Business, Innovation and Skills (BIS) and the FRC today.
The aim of the reforms is to create an FRC that is clearer about its role and purpose, proportionate in the execution of that purpose and in

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New help for manufacturers could generate £1.5bn growth and create 23,000 jobs

Comments Off | 10-16-2011

A new nationally operated Manufacturing Advisory Service will focus on helping small and medium sized manufacturers to grow, Business Minister Mark Prisk announced today.
The new service will be delivered by the Manufacturing Advisory Consortium (MAC) and will help create an estimated £1.5bn in economic growth, 23,000 jobs and safeguard 50,000 jobs.
The Manufacturing Advisory Service will

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Huddersfield factory gears up for green growth

Comments Off | 10-15-2011

Clegg and Cable announce £4.8 million of Regional Growth Funding for local businesses
Huddersfield business David Brown Gear Systems has successfully secured £4.8 million of private sector and government funding from the Regional Growth Fund, Deputy Prime Minister Nick Clegg and Business Secretary Vince Cable announced during a visit to the business today.
The funding will help

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The Insolvency Service liaises with West Midlands police to close down a group of 98 companies formed and run with fraudulent intent

Comments Off | 10-15-2011

Ninety eight (98) companies believed to have been incorporated and controlled by certain known individuals with fraudulent intent have been wound up in the High Court following an investigation by Company Investigations of the Insolvency Service.
The winding up orders were all made on 5 October 2011. None of the companies were represented at court.
The investigation

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Government funds manufacturing research in drive for future growth

Comments Off | 10-13-2011

• £170 million package to sharpen UK’s competitive edge
• Next phase in campaign to promote careers in industry
The UK’s ability to stay at the forefront of world-class manufacturing received a boost of over £170 million today as the Government announced a package to drive future growth.
A high value manufacturing technology and innovation centre will receive

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£33M boost for hauliers with longer lorries trial

Comments Off | 10-13-2011

Some hauliers will be allowed to use longer trailers under plans to boost growth published today by Roads Minister Mike Penning.
Following consultation on proposals to allow a two metre increase in the length of articulated lorries, the Department for Transport is allowing a ten-year trial of up to 900 trailers at an increased length of

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Vince Cable speech: Innovate 2011, Design Centre, Islington

Comments Off | 10-13-2011

It’s encouraging to see Great British innovation on display and the focus of serious discussion. This event provides a clear demonstration of the talent and the creativity we have in this country.
Economists disagree on many things. But there is clear consensus that, in mature economies, all long-term economic growth processes depend on innovation: that is,

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