David Willetts today (9 June 2014) used his speech at Bournemouth University to announce £48 million of new investment in biomedical research.
The government’s programme of Efficiency and Reform helped save hard-working taxpayers £14.3 billion in 2013 to 2014, against a 2009 to 2010 baseline, Chancellor of the Exchequer, George Osborne and Minister for the Cabinet Office, Francis Maude announced today.
£45 million for development of next-generation engines announced.
A new £100 million Rolls-Royce aerospace factory will be officially opened today (5 June 2014) by Deputy Prime Minister Nick Clegg and Business Secretary Vince Cable.
New figures show that, in 2013/14, HM Revenue and Customs (HMRC):
A Penrith-based wood biomass company has been fined £14,000 after one of its waste wood stores in Hull caused a risk of pollution.
Stobart Biomass Products Ltd, which has its headquarters on the Penrith Industrial Estate in Haweswater Road, Penrith, was handed the fine on Tuesday 3 June by Hull and Holderness Magistrates Court.
Companies can now bid for a share of £100 million from a government scheme to help them strengthen their domestic supply chains and help bring manufacturing back to the UK.
Defence minister Dr Andrew Murrison has announced that a new £250 million Defence College of Logistics, Policing and Administration will provide world class facilities for our armed forces and will bring together the training for key support roles from each of the services onto one site for the first time.
The new college will cover such diverse areas as catering, supply, transport and military human resources.
Thousands of people bereaved by homicide will be able to access unprecedented levels of expert support, following the award of the £2.85 million Homicide Service grant.
HM Revenue and Customs (HMRC) is sending out 5.8 million tax credits renewals packs which will arrive by 30 June. Over 3 million of these claims need to be renewed before the deadline for claimants to continue receiving tax credits. Last year some 650,000 claimants had their money stopped because they did not renew by the 31 July deadline.
Also year-to-date volumes increased 6.9%, with January-April exports up 8.7%. An upturn in demand is good news for the thousands of suppliers and employees that rely on the industry.
Governments and international partners from the private sector have come together in London today in a clear step forward in tackling climate change.
The Prime Minister has visited a construction site in London to mark a £1 billion investment boost for the UK’s small and medium businesses (SMEs) by Balfour Beatty.
Analysis published by Chief Secretary to the Treasury Danny Alexander today (Wednesday 28 May) shows every Scottish man, woman and child benefits from a £1,400 UK Dividend as part of the UK.
This is because an independent Scotland would have lower tax revenues and higher spending driven by:
Council tenants in Salford could benefit from up to £75 million investment in their homes, under the terms of a new deal announced today (28 May 2014).
Here are the five building-blocks that contribute to the analysis behind the £1400 UK Dividend:
1. Scotland would start with a budget deficit
Based on Scotland’s current tax receipts and spending on public services, there would be a shortfall. This would result in more borrowing and a bigger deficit.
2. Gas and oil production is in decline
The independent Office for Budget Responsibility estimate that oil and gas revenues will fall by around 95%, as a share of our economy, over the next 20 years.
Bristol was today (28 May 2014) awarded £6 million from government as part of a £23 million fund to encourage further urban redevelopment and new business creation nationally, bringing total funding to date for the Bristol Temple Quarter enterprise zone to £17 million.
Local Growth Minister Kris Hopkins today (28 May 2014) announced that £23 million of essential infrastructure investment will bring more jobs to Bristol, Manchester, Great Yarmouth and Leicestershire as part of the government’s long term economic plan.
Creative companies from the UK and China are set to benefit from £2 billion worth of trade and investment opportunities, Vince Cable announced today (29 May 2014).
The Highways Agency is widening the northbound carriageway of the M6 ahead of and through junction 32 at Broughton Interchange where the motorway meets the M55.
Work on the Crewe Green Link Road can start following government agreement to fund the scheme.
An estimated 850 UK jobs will be created or secured at Chinook Sciences and its UK supply chain by recent new orders, significantly accelerated by winning a major infrastructure deal from the UAE.
The scheme at Broughton Interchange - where junction 32 of the M6 links up with the Blackpool-bound M55 – involves widening the northbound M6 carriageway right through the junction.
A team of independent experts will advise the Department for International Development on how to work with the private sector to create jobs and sustainable growth.
In addition, David Kennedy has been appointed as DFID’s first Director General for Economic Development to lead the organisation’s growing work in this area.
As well as visiting local community projects, he will also be the first British Minister to visit the Oyu Tolgoi mine – a $7bn dollar investment by Rio Tinto with the potential to transform Mongolia’s economy.
Mr Swire said: