Invest in UK News

  • Space weather forecasts to protect vital technologies from solar storms

    The UK will become one of a small number of countries to forecast the weather in space.

    A £4.6 million investment in this innovative system by the Department for Business, Innovation and Skills (BIS) will help protect the technologies our day-to-day lives rely on.

    Severe solar flares, space storms and solar wind can disrupt satellites, GPS, power grids and radio communications.

  • Proposals to improve access to SME credit data published

    A consultation on new rules for sharing small and medium enterprise (SME) credit data has been launched to make it easier for alternative finance providers to enter the market.
    Coins

    New ‘challenger’ banks will find it easier to check credit worthiness of potential business customers making it easier to provide finance, under new proposals published by the government.

  • Government backs smartphone app to pinpoint potholes

    DfT pledges cash to enable CTC, the National Cycling Charity to revamp it's 'Fill that hole' website and develop a new potholes app.

    The government has given £30,000 to back the development of an innovative smartphone application to report potholes, Roads Minister Robert Goodwill announced today (24 December 2013).

  • Adoption: £50 million funding boost and new interactive maps

    Children’s Minister Edward Timpson announces new resources to help would-be adopters find a child to adopt - plus more cash for councils.

    Prospective adopters can click onto new maps     to see who could help them find a child to adopt - plus more cash for councils - in a package of support announced today by Children and Families Minister Edward Timpson.

  • GREAT retail campaign: All Rhodes lead to Malaysia

    Fashion Meets Food: Iconic designer Zandra Rhodes and celebrity chef Gary Rhodes add glitz to the GREAT Retail Campaign in Malaysia

  • £78 million for local sustainable transport schemes

    Local authorities invited to bid for part of over £78 million transport fund.

    Sustainable transport schemes across England could benefit from a multi-million boost in funding, thanks to the Department for Transport.

    Local authorities have today (23 December 2013) been invited to bid for a £78.5 million slice of the Local Sustainable Transport Fund.

    Minister for Transport Baroness Kramer said:

  • New public health research partnerships to get £47.5 million

    13 partnerships between universities and Public Health England will share funding worth £47.5 million for health protection research.

    Universities competed for the money - from existing research funding – in a competition run by the National Institute for Health Research (NIHR) and funded by the Department of Health. The successful applications have now been announced by the department.

    The contracts for the new NIHR Health Protection Research Units (HPRUs) will run for 5 years from 1 April 2014.

  • Foreign Secretary welcomes Serbia’s EU Progress

    William Hague welcomed today’s European Council decision to start EU accession negotiations with Serbia in January, an important milestone.

    The Foreign Secretary said:

    “I welcome the EU’s decision to open accession negotiations with Serbia. Serbia’s leadership has shown sustained political will and taken concrete steps to improve relations with Kosovo.

  • Government’s high-end television tax relief tempts ABC Studios to British shores

    American television company to begin producing new pilot programme in early 2014.

    ABC Studios has chosen the UK as the location to film a new pilot programme, following the government’s introduction of a high-end television tax relief earlier this year.

    With production planned for early 2014, this will be the first pilot programme produced by the American company in the UK since the tax relief was introduced in April 2013. They also plan to recruit roughly 150 cast and crew from the UK to work on the programme.

  • Insurance growth plan launches as Aviva announces £500 million for UK infrastructure

    Government launches growth plan for insurers as Aviva announces £500 million for UK infrastructure.

    On the day that government launches the UK insurance growth plan in front of industry leaders, leading life insurer Aviva has announced that it has pinpointed £500 million for investment in UK infrastructure.

  • Competition in energy markets - assessment framework published

    Framework announced for assessing competition in the energy market.

    Ofgem, the Office of Fair Trading (OFT) and the Competition and Markets Authority (CMA) have today announced a framework for how they will assess competition in the energy market, looking at both the domestic and small business markets.

  • Welsh Secretary responds to Labour Market Statistics

    Record employment levels in Wales are positive signs of a strong economic recovery

    This Government’s long term economic plan is working for the people of Wales, Welsh Secretary, David Jones said today, as official figures reveal a further increase in employment levels in Wales.

    The latest employment figures published by the Office for National Statistics today (18 December 2013) have revealed a 24,000 increase in the number of people in employment in Wales over the last quarter. The figures were already at a record high.

  • EU Energy Council, 12 December

    Written Ministerial Statement by Edward Davey on the discussions at the EU Energy Council on 12 December 2013.

    I am writing to report discussions at the Energy Council on 12 December, where I represented the UK.

  • Business given power to scrutinise regulators’ performance

    Business Minister Michael Fallon announces a new initiative that puts the reform of regulatory enforcement in the hands of business.

    Business Minister Michael Fallon today (17 December 2013) announced a new initiative that puts the reform of regulatory enforcement in the hands of business.

  • Statement of new regulation: total savings to business exceeds £1 billion

    Further progress in the government’s drive to eliminate unnecessary red tape is set out in the latest 6 monthly progress update.

    The Statement of New Regulation details all regulation, including EU measures, which is expected to come into force between 1 January and 30 June 2014, as well as all regulation removed - including under the government’s One-in, Two-out rule and the Red Tape Challenge    .

  • Energy Efficiency Strategy: 2013 Update

    Written Ministerial Statement to Parliament by Gregory Barker on the government's energy efficiency strategy update.

    The Government is today publishing the Energy Efficiency Strategy: 2013 Update.

    In November 2012 the Coalition published the first ever Government Energy Efficiency Strategy, which sets out our mission to seize the energy efficiency opportunity in the UK. The 2013 Update focuses on the significant progress that has been made over the last 12 months.

  • New investment in Successor submarines

    The Defence Secretary has announced £79 million of investment in the next generation of Royal Navy submarines.

    The Successor submarines, which will carry the UK’s strategic nuclear deterrent, will be the largest and most advanced boats operated by the Navy, and their design and construction will be the most technologically complex in the history of the UK.

    Two contracts worth £47 million and £32 million have been awarded to BAE Systems Maritime-Submarines     who are leading on the design of the vessels.

  • Foreign Secretary: foreign policy priorities for 2014

    Ending conflict in Syria, resolving the issue of Iran's nuclear programme and preventing sexual violence in conflict are priorities for 2014.

    Foreign Secretary William Hague has highlighted his priorities for the Foreign and Commonwealth Office in 2014. Speaking in a video message recorded on 11 December, the Foreign Secretary said:

  • British Overseas Territories Investment Forum 2013

    Overseas Territories Investment Forum showcased the diverse opportunities for British businesses and investors in the Overseas Territories.

  • UK welcomes enhanced trade preferences for Pakistan

    Baroness Warsi delighted today’s vote confirmed the entry into force of Generalised System of Preferences Plus for Pakistan.

    Today the EU Parliament voted to grant enhanced trade preferences for 10 developing countries, including Pakistan. Pakistan alone stands to gain an estimated $500 million and 1 million new jobs from this agreement.

    Senior Foreign Office Minister Baroness Warsi said:

    “I am delighted that today’s vote has confirmed the entry into force of GSP+ for Pakistan from 1 January 2014.

  • UK exports on a winning streak

    Five UK companies are celebrating their success in a nationwide competition to help the next wave of UK businesses expand overseas.

    Five UK companies are today (11 December 2013) celebrating their success in a nationwide competition to help the next wave of UK businesses expand overseas.

    The winning companies will each receive £4,000 of prizes designed to accelerate and develop their growth plans, including an easyJet flight to the market of their choice.

    The 5 winning entries are:

  • Damian Green Speech at the Innovation Through Collaboration Summit

    Speech given by Damian Green at the Innovation Through Collaboration Summit on 10 December 2013.

    There’s a political phrase in current circulation which I happen, rather, to agree with – Better Together.

    But while I wholeheartedly agree with the campaign to keep Scotland part of the United Kingdom, the phrase has resonance for this conference too.

    Working well together

  • Government marks the progress on Digital Strategy - one year on

    The government's Digital Strategy is showing progress as update shows that departments are starting to move transactions online.

    The government has reviewed progress on its Digital Strategy, 1 year on from publication. Its report concludes that sound progress has been made against the 4 key areas set out by former UK Digital Champion Martha Lane Fox.

    The report says that the government has:

  • Finance Bill 2014: draft legislation published

    Following the Autumn Statement, the government has today published responses to consultations alongside draft legislation to be included in Finance Bill 2014.

    Following Budget 2013, the government consulted on a number of tax policies over the summer. Today the government is publishing responses to those consultations alongside draft legislation which will be included in Finance Bill 2014.

    This fulfils the government’s objective to confirm the majority of intended tax changes at least three months ahead of publication.