Invest in UK News
New fusion test facility to open in Yorkshire
UKAEA is to open a £22M fusion energy research facility in Rotherham next year to engage industry in commercial fusion energy development
The facility will see UKAEA working with industrial partners to put the UK in a strong position to commercialise nuclear fusion as a major source of low-carbon electricity in the years ahead.
£20 million export win for Liverpool supercar manufacturer
Liverpool-based supercar manufacturer Briggs Automotive Company (BAC) secures new export wins to Hong Kong and the United States.
- Company has now exported cars to 37 different countries worldwide following support from the Department for International Trade
Take a game-changing idea to market: apply for an innovation loan
Small businesses can apply for loans of up to £1 million to help them turn their game-changing ideas into new products, processes or services.
Smaller companies often struggle to convert their game-changing ideas into commercially available products and services because of the costs of scaling up production and the difficulty in gaining finance.
Major overhaul of hotel booking sector after CMA action
People booking hotels online can now do so with more confidence following a CMA probe of the sector.
Treasury minister visits Tees Valley
Treasury Minister visits Tees Valley to promote regional growth
The Exchequer Secretary, Simon Clarke MP, visits Tees Valley today (13 September 2019) to explore how the Treasury can ensure towns and cities across the country enjoy the opportunities ahead as the UK leaves the EU.
Jenrick fast-tracks Midlands Engine growth package
The Midlands Engine received a major boost today as Local Government Secretary announced the government’s commitment to further devolution deals.
The Midlands Engine received a major boost today as Local Government Secretary and Midlands Engine Champion the Rt Hon Robert Jenrick MP announced the government’s commitment to further devolution deals across the region.
New UK-led satellite will identify natural resources from space
The Mission and Agile Nanosatellite for Terrestrial Imagery Services (MANTIS) satellite, which received funding today will help energy and mining businesses identify new resources.
UK and Malaysia join hands in tackling plastic pollution
HRH Prince Edward Earl of Wessex lends voice to the ongoing campaign to tackle plastic pollution, honours zero waste champions as Commonwealth Points of Light.
Brexit blamed for sharp fall in the number of UK start-ups
Fewer UK start-ups were established in the between 2017 and 2018, even in areas with promising growth in recent years.
The number of new UK start-up businesses saw a sharp fall last year, with researchers blaming the economic uncertainty caused by Brexit.
Grand Designs presenter faces crisis over bond investment
Bondholders left carrying losses after attempts to restructure Kevin McCloud investment
A fresh crisis looms for the Grand Designs presenter Kevin McCloud after attempts to restructure property bond investments in his housing empire failed.
UK jobs creation slows as pay growth reaches 11-year high
Hiring eases in three months to July, showing stress placed on economy by Brexit
Pay growth for workers in Britain has accelerated at the fastest annual rate in more than a decade, despite cracks emerging in the jobs market as employers hold off against hiring new staff ahead of Brexit.
Retailers call for action as high street store closures soar
Government urged to step in over crisis that has cost tens of thousands of jobs
Retailers and unions are calling for urgent government action to help struggling high streets as new data shows the number of shops, pubs and restaurants lying empty is rising at the fastest pace in nearly a decade.
UK jobs creation slows as pay growth reaches 11-year high
Hiring eases in three months to July, showing stress placed on economy by Brexit
The first cracks have begun to emerge in Britain’s resilient labour market as job creation slowed over the summer months, in a sign of the stress facing the UK economy as Brexit looms.
Duty-free purchases of cigarettes and alcohol to return under no-deal Brexit
Sajid Javid’s decision means travellers to and from the EU would see prices tumble
UK recession fears recede after surprise economic growth
Country avoids technical recession – but GDP is stagnant across three-month period
The risks of the UK sliding into its first recession in a decade have receded after a stronger-than-expected and across-the-board 0.3% increase in activity in July.
New Alberta and UK Innovation Partnership
Alberta and the UK have agreed a new Memorandum of Understanding on Co-operation in Science, Technology and Innovation.
Alberta and the UK establish a new innovation partnership.
Lord Mayor of London in Australia to boost financial sector links
Opportunities for collaboration in fintech and green finance will be high on the agenda as the Lord Mayor of London visits Australia this week.
Government to invest over £130 million in new tech to tackle cancer and debilitating illnesses
Thousands of NHS patients could receive faster diagnosis and better treatment for life-changing diseases like cancer, dementia and Parkinson’s.
- government investing £133 million in healthcare innovation including gene-based therapies and artificial intelligence
Ministers and banks to support small and medium businesses (SMEs) to seize Brexit opportunities
Business, Treasury and Cabinet Office ministers met banking chiefs today to launch new Business Finance Council and encourage support for SMEs.
- Business, Treasury and Cabinet Office ministers met banking chiefs to encourage support for SMEs
Record-breaking year in exports for all UK nations
New statistics from HMRC reveal overseas demand for British goods is increasing in every UK nation.
- Each UK nation experienced growth in goods exports in the 12 months to Q2 2019.
Multi-million pound boost for Scottish farmers
Scottish farmers will receive an additional £51.4 million over the next two years, making sure funding is fairly allocated across the country.
Farmers in Scotland will receive a £211.4 million boost, the Prime Minister will announce today (Friday 6th September).
UK slips closer to recession as service sector slows
Concern over a no-deal Brexit hits growth and damages business confidence
Britain’s dominant service sector failed to grow as quickly as expected in August, as the economy took a step closer to suffering its first recession since the financial crisis.
British bankers on trial in Germany charged with €447m fraud
UK pair accused of defrauding German state through ‘cum-ex’ share trading scheme
wo British investment bankers have gone on trial in Bonn in what German media have called “the biggest financial fraud trial” in the country’s postwar history.
Barratt posts record £910m profit despite tough housing market
Biggest UK housebuilder benefits from help to buy but warns of slow growth this year
Britain’s biggest housebuilder has shrugged off the tough housing market to report record annual profits of £910m, although it warned sales growth this year would be slower than expected.
