Invest in UK News

  • New biomass sustainability criteria to provide certainty for investors to 2027

    From April 2015 biomass industry must show fuel is sustainable or lose financial support

    Biomass electricity will produce over 70% greenhouse gas savings compared to fossil fuel alternatives, under changes made by the government to ensure the sustainability of wood-fuel used to create energy.

    From April 2015, the biomass industry – which is worth over £1bn in new investment and supports over 3,000 jobs – will be required to demonstrate their fuel is sustainable or lose financial support.

  • 26,000 new businesses set up by entrepreneurial jobseekers

    Jobseekers have set up more than 26,000 new businesses under the New Enterprise Allowance scheme.

    Entrepreneurial jobseekers have set up more than 26,000 new businesses thanks to a government scheme that helps unemployed people turn their dreams of becoming their own boss into a reality, new figures published today (21 August 2013) show.

  • New generation tagging contract boosts British economy

    New satellite technology that will help track the movement of offenders in the community is set to be delivered by two British businesses, it was announced today.

    In a boost for the economy the high-tech equipment is earmarked for manufacturing in a British company based in Nottingham.

  • MOD to sell iconic Whitehall property

    The MOD's Old War Office building in Whitehall is now surplus to requirements and is to be sold in order to invest in Defence priorities.

    The Old War Office was built in 1902 for the Imperial General Staff and was central to operations. The building was a focal point for military planning throughout the major conflicts of the 20th century, housing numerous secretaries of state, including Sir Winston Churchill.

  • Householders and businesses in N. Scotland to save £50 million on energy bills

    Hydro Benefit Replacement Scheme to save North of Scotland £50 million a year on their energy bills

    Householders and businesses in the North of Scotland are set to save a total of £50 million a year on their energy bills after the Government retains a scheme to help with electricity distribution costs.

    The Hydro Benefit Replacement Scheme offers protection from the significantly higher distribution costs faced by electricity users in the far north of the country, when compared with other parts of the UK.

  • Private sector employment at record high as economy rebalances

    The private sector now accounts for a greater share of overall employment than at any time since current records began nearly 15 years ago.

    A jobs boom means the private sector now accounts for a greater share of overall employment than at any time since current records began nearly 15 years ago, according to analysis of official statistics.

    Private sector employment has jumped by 1.3million to a record high of 24.1 million under the coalition government – while public sector employment has fallen by 423,000.

  • £109 billion of future government construction opportunities up for grabs

    Updated information has been published on proposed government construction projects through to 2020 and beyond.

    Information on opportunities to win future government construction contracts worth more than £109 billion will help suppliers to plan ahead, invest in and grow their businesses, Cabinet Office Minister Chloë Smith said today.

  • UK still concerned about reported irregularities during Zimbabwe elections

    Minister for Africa hopes Southern African Development Community Summit will tackle reported irregularities during Zimbabwe elections.

    Minister for Africa, Mark Simmonds said:

    “Ahead of the Southern African Development Community (SADC) Summit this weekend in Malawi, the UK Government continues to be concerned about Zimbabwe’s disputed elections.

  • UK Export Finance appoints new Chief Executive

    UK Export Finance (UKEF), the UK’s Export Credit Agency, announced today that David Godfrey will be appointed as its new Chief Executive from 9th September 2013.

    David joins UKEF having previously been Chief Risk Officer at Pension Insurance Corporation. He has a strong risk background with his previous roles including Head of Risk for the Wholesale Banking Division at Lloyds Group and Head Financial Services at Swiss Reinsurance Group. David has been a Non-Executive Director on UKEF’s Management Board since 2005.

  • New Chair announced for the NHS Business Services Authority

    The Department of Health has today announced the new Chair of the NHS Business Services Authority (NHSBSA).

    NHSBSA provides a range of central services to NHS organisations, contractors, patients and the public; including the NHS Pension Scheme.

    Silla Maizey joins NHSBSA as Chair, following 34 years’ experience in executive roles, her current role is as Non-Executive Chair and Trustee of British Airways Retirement Plan.
    Anna Soubry, Health Minister, said:

  • Farming industry ‘the economic backbone’ of rural Wales

    From fast paced main ring attractions, to a food hall packed with local traders and producers, UK Government ministers have today experienced a one-day showcase for rural Welsh life at the Denbigh and Flint Show (15 August).

    The Secretary of State for Wales, David Jones MP and Secretary of State for Environment, Food and Rural Affairs, Owen Paterson MP, joined the thousands of visitors attending the annual agricultural show on The Green in Denbigh today.

  • UK Defence Equipment Minister visits North East Asia

    Philip Dunne has visited North East Asia to review growing equipment cooperation relationships with both Japan and the Republic of Korea.

    During his recent visit to Japan, Mr Dunne, the Minister for Defence Equipment, Support and Technology, met with his opposite number in the Japanese Ministry of Defence, Parliamentary Vice-Minister Akira Sato. The 2 countries have signed a Letter of Arrangement for the first collaborative project to be undertaken under the Defence Equipment Cooperation Framework.

  • UK tourism sector boosted by latest spend and visitor statistics

    Office for National Statistics figures reveal UK tourism sector is seeing record levels of spend and visitor numbers since 2008.

    A year after Britain hosted the London 2012 Olympic and Paralympic Games and celebrated the Queen’s Diamond Jubilee, inbound tourism continues to prove it is one of the UK’s key export growth markets. The latest figures from the International Passenger Survey     point towards the first half of 2013 seeing record levels in spend and the strongest visitor numbers since 2008.

  • Employment reaches new record high

    The number of people in employment has reached a record high of 29.78 million, with a rise of 300,000 over the last year, according to figures released today (14 August 2013). More than two thirds of the rise has been amongst UK nationals.

    According to the Office for National Statistics (ONS), the growth in employment has been fuelled by a rise in permanent jobs – up 110,000 over the last 3 months.

  • Tax cuts for small firms and shops help to boost local enterprise

    Official statistics show more tax relief is being given to small shops and firms to help with their business rates bills.

    The new figures released today (14 August 2013) show that the level of small business rate relief has trebled since the general election, thanks to government initiatives. Rate relief in England has risen from £333 million in 2009 to 2010, to £507 million in 2010 to 2011, to £784 million in 2011 to 2012 and now to £900 million in 2012 to 2013.

  • Government commits further investment to innovation

    Vince Cable outlines a significant expansion in the groundbreaking Catapult centres that help turn great ideas into commercial realities

    Business Secretary Vince Cable has today outlined a significant expansion in the groundbreaking Catapult     centres that help turn great ideas into commercial realities.

  • UK aerospace achieves new milestones for growth

    A new scheme to keep the UK at the forefront of the global aerospace industry has recruited its first intake of students

    • 100 students awarded bursaries for government and industry funded Aerospace Masters scheme
    • Aerospace Technology Institute to be headquartered at Cranfield
    • new details published on £50 million competitive fund

    A new scheme to keep the UK at the forefront of the global aerospace industry has recruited its first intake of students, Business Minister Michael Fallon announced today.

  • Herne Hill Velodrome is latest winner of Big Society Award

    Local residents and volunteers recognised by the Prime Minister for their dedicated work to save 1948 Olympic cycle track in south east London.

    Local residents and volunteers who saved the iconic open-air Herne Hill Velodrome     in south east London will today be recognised by Prime Minister David Cameron with a Big Society Award. The historic site, the last remaining venue still in operation from the 1948 Olympic Games, is enjoyed by thousands or people each year, including hundreds of school children learning to cycle.

  • Councils combine for economic growth

    Nine councils propose to deliver greater economic growth through a new combined authority.

    The 9 councils of Barnsley, Doncaster, Rotherham, Sheffield, Bassetlaw, Bolsover, Chesterfield, Derbyshire Dales and North East Derbyshire want to work together through a new combined authority to boost growth in their area.

  • Water metering: response to an article in the Telegraph

    Reports that there will be ‘compulsory water meters for millions of householders’ are false

    The myth

    The Telegraph has claimed that there will be ‘compulsory water meters for millions of householders’ following a recently published report into water stressed areas.

    The truth

  • Researchers get £124m funding to tackle major health challenges

    Health researchers from across the country have been given £124m from the Government to tackle the nation’s most pressing health problems.

    Health Minister, Lord Howe has today announced how this significant investment from the National Institute for Health Research (NIHR) will help make sure patients benefit from innovative new treatments and techniques which could revolutionise future health care. It is hoped the financial boost will also help stimulate the research economy and attract more research funding in the future.

  • Digital Deal: 12 projects to help social tenants get online

    The government's Digital Deal has provided funding for internet services and training to social housing tenants.

    Twelve landlord projects providing internet services and training to social housing tenants received funding today (9 August 2013), as part of the government’s Digital Deal.

    The Digital Deal is aimed at encouraging more social housing tenants to get online, improve their skills and benefit from wider internet services.

  • Michael Fallon's comments on the release of Fuel Poverty Statistics for 2011 based on the proposed new definition

    Commenting on the release of Fuel Poverty Statistics for 2011, based on the proposed new definition agreed in July, Energy Minister Michael Fallon said:

    “This new, better targeted definition will help get support to the most vulnerable in society.

    “Two million households received cuts to their bills last winter under the Warm Homes Discount, and the budget will continue to increase each year, up to £320m for 2015/16.

  • SME spend for 2012 to 2013 shows government on track to meet 2015 goal

    New figures show that the government's aspiration for small and medium-sized enterprise contracts is on track.

    The figures, published today, show the government is on track to deliver its aspiration of awarding 25% of central government business to small and medium-sized enterprises (SMEs) by 2015, directly and through the supply chain.