Invest in UK News

  • Vince Cable Speech: EEF National Manufacturing Conference 2012, QEII Centre

    I have just come back from the Geneva Motorshow, where another resounding win for British manufacturing was announced this morning. I had the pleasure of joining Nissan as it unveiled its new “INVITATION” model and confirmed it is going to invest £125m in building the vehicle at its plant in Sunderland. The company says its investment will create and safeguard up to 2,000 jobs at the plant and along the supply chain.

  • Over £330 million to give more than two and a half million patients better care and services

    Extra funding to pay for state of the art equipment and buildings

    Over £330 million of extra funding will be spent on providing state of the art equipment and facilities to improve services for patients, the Prime Minister announced today.

    Hospitals around the country will get money for new operating theatres, A&E departments and other services as well as new CT scanners and ultrasound equipment.

    • Over £72 million will be spent on urgent care facilities, including new operating theatres and a new A&E department.

  • Government supports Nissan’s latest car project in Sunderland

    The Business Secretary welcomed Nissan’s new investment in the UK and announced that their latest project would be supported by Government funding.

    Vince Cable visited the Geneva Motor Show where he saw Nissan unveil the Invitation concept car. A production version will be built in Sunderland next year.

    Nissan expects manufacture of the new model to create around 2,000 new jobs at the plant and wider supply chain.

  • VTE Risk Assessment data collection – 2011-12 QUARTER 3

    The sixth set of quarterly statistics on Venous Thromboembolism (VTE) Risk Assessment in England, produced by the Department of Health were released on 2 December according to the arrangements approved by the UK Statistics Authority.

    The key points from the latest release are:

    The key results for data collected on the number and proportion of VTE Risk Assessments carried out on adult admissions to NHS funded acute care are as follows:

  • Trading abroad will help boost UK business

    Small and Medium Sized Enterprises (SMEs) are being urged to take advantage of the opportunities available to them to get trading and look at potential new markets abroad.

    Speaking to business leaders in Cambridge at the Going Global: Helping small businesses trade abroad conference today - Business and Enterprise Minister Mark Prisk encouraged entrepreneurs to get trading and help boost the UK economy.

    Business and Enterprise Minister Mark Prisk said:

  • Over £100m to support groundbreaking clinical research

    Over £100m will be invested in NHS Clinical Research Facilities to develop new treatments to benefit thousands of patients, the Government announced today.

    The money, provided by the National Institute for Health Research, will be spent on research nurses and technicians at 19 of the facilities around the country. A huge number of new treatments for conditions including cancer, diabetes, stroke, dementia and obesity will be developed by researchers at the facilities.

  • Patent Prosecution Highway with Germany opens today

    A new one-year pilot scheme, launched today, will provide a boost for growth by helping businesses speed up the processing of patent applications in the UK and Germany.

    The Patent Prosecution Highway (PPH) allows applicants who have been successful in obtaining a patent from either the UK Intellectual Property Office (UK IPO) or the German Patent and Trademark Office to request accelerated examination of a corresponding patent application filed in the other country.

    Minister for Intellectual Property Baroness Wilcox said:

  • Extra trains and faster journey times will boost capacity

    Passengers are on track to benefit from faster, longer trains and over 12,000 extra seats each day on journeys into London, Birmingham, Manchester, Leeds, Liverpool, Newcastle, Sheffield, Glasgow and Edinburgh, Rail Minister Theresa Villiers announced today.

    The capacity boost is being provided thanks to 80 new train carriages set to be introduced on the First TransPennine Express and London Midland networks from December 2013. The two franchises will get 40 extra carriages each.

    Theresa Villiers said:

  • Fuel price cut comes into force for remote islands

    Motorists in many remote island communities will benefit from a 5 pence per litre discount on pump prices from tomorrow, 1 March 2012.

    The Chief Secretary to the Treasury, Danny Alexander, announced in November 2011 that final EU clearance had been received for the rural fuel rebate pilot scheme to go ahead this year.

  • Government appoints Frank McLoughlin CBE as Chair of Commission on Adult Vocational Learning

    Skills Minister John Hayes today announced that Frank McLoughlin CBE, Principal of City and Islington College, will chair the independent Commission on adult education and vocational pedagogy.

  • Minister welcomes enterprising students from Blackpool to Parliament

    A group of enterprising teenagers enjoyed a visit to Parliament today with Business and Enterprise Minister Mark Prisk. The team from St George’s school in Blackpool won the Premier League’s Enterprise Challenge.

    The team had to come up with an idea to enhance the match day experience of supporters at a Premier League football match. Their winning entry was the creation of an interactive app of the match day programme.

    Business and Enterprise Minister Mark Prisk said:

  • The Department of Health appoints three new director generals

    The Department of Health today announced three appointments to its senior team.

    Dr Felicity Harvey CBE, currently Director of the Implementation Unit in the Cabinet Office, will take up the post of Director General for Public Health. She will lead the Department’s public health teams and will work closely with Public Health England, the NHS Commissioning Board and local government.

  • £4.17 million of red tape costs to businesses cut

    A new report published today by the Government shows that around £4 million of regulatory burdens will be cut from British businesses between January and June 2012.

    The Third Statement of New Regulation, which measures the success of the One-in, One-out rule, shows that there is a cumulative net reduction of regulation since January 2011. It also shows that the number of regulations which reduce a cost on business continue to outweigh the number which put a new cost on business.

    Business and Enterprise Minister Mark Prisk said:

  • January Market Trend Data from Land Registry

    Detailed monthly transaction information is now available in addition to the House Price Index

    January house prices up 1.1 per cent since December: average house price in England and Wales now £161,545

    To view the press release, including accompanying tables, please follow the link below.

    Head Office Lincoln’s Inn Fields London WC2A 3PH

    28 February 2012

  • Report calls for universities to be at heart of economy

    A report published today calls for universities to be at the heart of the economy to promote growth in the UK and improve the employability of our graduates.

    The former vice-chancellor of the University of Hertfordshire and HEFCE board member Professor Sir Tim Wilson was asked by the Government to undertake a review into how universities work with business to ensure graduate skills and employability meet the needs of business, and to maximise the university sector’s capabilities in business-led research and innovation.

  • Sir David Lees re-appointed Chair of Bank of England Court

    Her Majesty The Queen has approved the Chancellor and Prime Minister’s recommendation for the re-appointment of Sir David Lees as Chair of the Court of the Bank of England.

    Sir David has indicated he will step down from Court at the end of 2013, once he has overseen the transition of the Bank’s new responsibilities and personnel.

    25 February 2012

  • Transport Statistics

    The Department for Transport has today published the following Transport Statistics:

    • Sea Passenger Statistics: 2011, see

    for details.

    • Road goods vehicles travelling to mainland Europe: Q4 2011, see

    for details.

    • Driver and rider test and instructor statistics: Q3 2011/12, see

  • The Department of Health publishes the Performance and Capability Review of the Care Quality Commission

    The Department of Health today published its findings from the Performance and Capability Review of the Care Quality Commission.

  • Government responds to early student loan repayment consultation

    Following consultation, the Government has today announced there will be no charge on graduates repaying their loans early.

    In a consultation document published last June the Government asked whether there should be a charge for early repayment, and if so, what form such a charge would take. Most respondents did not favour the introduction of a charge.

    Business Secretary Dr Vince Cable said:

  • John Hayes confirms bursaries funding for trainee Further Education teachers

    Skills Minister John Hayes today set out the funding available to those undertaking initial teacher education (ITE) to teach in the Further Education (FE) and Skills sector.

  • £1 billion growth fund boost open for business

    Manufacturing industry urged to bid for extra growth funding

    From today an extra £1 billion is available to businesses seeking support to help them create new jobs and grow, Deputy Prime Minister Nick Clegg will announce.

    The funding is part of the Regional Growth Fund and takes the total fund to £2.4 billion. It will be available to businesses and public / private partnerships with ambitions to create new jobs and make a significant impact on their local economy.

  • GPs to ‘prescribe’ apps for patients

    People could soon be directed to free or cheap apps by their GPs to allow them to monitor and manage their health more effectively.

    The latest innovations in smartphone technology will help patients and the public to find and use NHS services, manage conditions and make better lifestyle choices in a way that is very convenient for them.

    It follows a call to find the best new ideas and existing smartphone apps that help people and doctors better manage care which received nearly 500 entries and over 12,600 votes and comments.

  • Better care for patients

    Patients are already benefitting from GPs starting to take a lead in designing local health services and a renewed focus on health outcomes.

    Examples from around the country highlight that during the first year of emerging clinical commissioning groups redesigning services, patients are starting to experience improvements in quality of care.

  • Government announces new Director of Fair Access

    Business Secretary Vince Cable and Universities Minister David Willetts today announced the appointment of Professor Les Ebdon as the next Director of Fair Access to Higher Education.

    Professor Les Ebdon will take over from Sir Martin Harris later this year. His role will be to safeguard fair access to higher education and widen participation amongst students from disadvantaged backgrounds, which is a vital part of the Government’s wider social mobility agenda.

    Business Secretary Vince Cable said: