Invest in UK News

  • Andrew Haines reappointed as Chief Executive of the Civil Aviation Authority

    The Secretary of State for Transport, Justine Greening, has reappointed Andrew Haines as Chief Executive of the Civil Aviation Authority (CAA) for a further five years.

  • Land Registry review of property information for England & Wales 2011

    As the only organisation to register property sales throughout England and Wales, Land Registry is in a unique position to provide an overview of the property market in 2011.

    As Land Registry approaches its 150th anniversary in 2012, it marks a century and a half of safeguarding ownership of many billions of pounds worth of property, and providing peace of mind to home-owners about the reliability of the Land Register.

    The following information is for January to November inclusive1 :

  • NHS on track to deliver savings to reinvest in care

    The official report on NHS performance shows the NHS is on track to deliver up to £5.9bn savings this financial year whilst maintaining or improving quality of services. Every penny saved will be reinvested in patient care.

    The Quarter 2 report, published today, shows that of the eight key quality areas highlighted, all have been maintained or improved. In particular the NHS has reduced MRSA and C. difficile infection rates as well as driving down breach rates for mixed sex accommodation.

  • Department of Health moves to life course approach and streamlines its communications agencies

    In a bid to improve the communication of public health messages to help people live healthy lives and to increase the efficiency of its campaigns, the Department of Health has streamlined its agency operation.

    From 1 January, one agency - Freud Communications – will manage creative PR around all the Department’s public health campaigns. And one agency – MEC – will manage media planning.

  • HMRC response to PAC Report

    HM Revenue & Customs (HMRC) has today responded to the report of the Public Accounts Committee into tax disputes. An HMRC spokesman said:

    “HM Revenue & Customs rejects the conclusion of the Public Accounts Committee that there are systemic failures in the management of tax disputes. The report is based on partial information, inaccurate opinion and some misunderstanding of facts.

  • Future of wave hub is secured

    The offshore marine energy project in Cornwall, which allows developers to test new wave energy technology, will be taken on by the Government to secure its future as a vital part of the UK's green energy sources.

    The Department for Business Innovation and Skills (BIS) will take over ownership of the Wave Hub asset from the South West Regional Development Agency (RDA) on the 1 January 2012.

  • UK Export Finance demonstrates its commitment to Libyan reconstruction

    UK Export Finance has increased its risk capacity for Libya to £375 million – up from the £150 million made available immediately after hostilities ended in September.

    The increase was announced by the Minister for Trade, Lord Green, at the UK TI conference Rebuilding Libya: The Opportunities for British Business.

    UK Export Finance chief economist Paul Radford said:

  • Government sets out plans to reform the structure of banking in the UK

    The Government is today publishing its response to the report by the Independent Commission on Banking (ICB), which sets out plans to fundamentally reform the structure of banking in the UK. This response agrees with the ICB’s recommendations and outlines how the Government will legislate to create a stable banking sector that supports lending to businesses and families, and removes the implicit taxpayer guarantee in the event of a bank failure.

  • Cities Minister visits Newcastle to discuss new deal for growth

    Cities Minister Greg Clark will visit Newcastle today to continue talks on forging a new city deal in the area.

    The Government announced last week that England’s largest cities, including Newcastle, are being offered new powers as the basis of bespoke city deals.

    Government will free cities from Whitehall control in a number of areas to give local communities more flexibility, access to new opportunities and help to stimulate growth across the country.

  • Government sets out strategy for helping young people access education, training and work

    The Government has today published plans to increase the participation of 16-24 year olds in education, training and work.

    ‘Building Engagement, Building Futures' sets out the Government's strategy to improve the opportunities for young people, so they can succeed in education and training and gain the skills they need to secure an apprenticeship or employment. It includes radical reforms to schools, vocational education, skills and welfare provision.

  • Ministers meet at Stormont to discuss rebalancing the Northern Ireland Economy

    Ministers from the UK Government and Northern Ireland Executive (NIE) have met today for the first meeting of the Ministerial Working Group on Rebalancing the Northern Ireland Economy. The group has agreed a work programme for the coming months aimed at examining in detail issues raised during the course of the recent Government consultation, the formal response to which will be published before Christmas

  • Taskforce to boost finance options for businesses

    Business Secretary Vince Cable today set out the next steps to diversify business finance, announcing details of an industry-led Taskforce to be led by Tim Breedon, Legal and General chief executive and current chairman of the Association of British Insurers.

  • Growth in aerospace industry at the top of the agenda

    Business Secretary Vince Cable earlier this week hosted an Aerospace Business Leaders meeting - involving top executives from Airbus, Rolls-Royce, Bombardier Aerospace, GKN, Finmeccanica and ADS – to discuss the opportunities for growth in the UK aerospace sector.

    The high level meeting discussed how, working together, the industry and Government can address barriers to growth, boost exports and increase the number of high value jobs in the UK. The meeting also looked forward to the planning of the 2012 Farnborough Air Show.

  • Government plans to improve UK’s copyright laws

    Proposals to modernise the copyright system and remove unnecessary barriers to growth were unveiled by the Government today.

    Proposals to modernise the copyright system and remove unnecessary barriers to growth were unveiled by the Government today.

  • Contract for new Manufacturing Advisory Service signed

    The Department for Business, Innovation and Skills has today signed a contract with the Manufacturing Advisory Consortium (MAC) to deliver the new Manufacturing Advisory Service in England.

    The Consortium, compromised of Grant Thornton UK LLP, Pera, WM Manufacturing Consortium Ltd and SWMAS Ltd., was awarded the contract in October 2011.

    The Manufacturing Advisory Service will continue to deliver a service to all manufacturing businesses but the new consortium now means that there will be a specific focus on:

  • Mary Portas sets out her vision for the future of our high streets

    Mary Portas has today published her review of the future of our high streets, setting out her vision to breathe economic and community life back into our high streets.

    The Review makes ambitious recommendations on what can be done – by government, local authorities and business – to help high streets deliver something new.

    The focus is on putting the heart back into the centre of our high streets, re-imagined as exciting social hubs for shopping, learning socialising and having fun.

  • Search begins to find managers for waste infrastructure investments

    UK Green Investments, part of the Department for Business Innovation and Skills which will manage investment in the UK’s green infrastructure, is seeking expressions of interest from experienced fund managers to run Government managed accounts of up to £100 million to be invested in waste infrastructure projects.

    The fund will invest in small waste infrastructure projects, waste recycling and waste treatment ahead of the establishment of the Green Investment Bank (GIB).

  • Secretary of State for Business, Innovation & Skills – statement on FSA report into RBS

    Business Secretary Vince Cable said:

    “Following the near collapse of RBS, I called for the publication of a full report into what happened so that lessons can be learned from one of the largest ever bank bail outs. I am pleased that the FSA’s report has now been published.

    "The Government has already taken steps to make our banking system safer and create a culture of responsible capitalism. We are strengthening the regulation of financial services and implementing the Vickers Report on Banking.

  • Green Investment Bank moves a step closer

    The establishment of the first Green Investment Bank (GIB) moved a step closer today as Business Secretary Vince Cable published the criteria for deciding where the Bank will be based and what the Bank’s first priorities will be until 2016.

  • New intellectual property support for SMEs in UK

    New measures announced by the Government today will help small and medium sized firms to protect their intellectual property and grow their business.

    The package forms part of the Government’s Innovation and Research Strategy for Growth, which has been published today. It sets out plans to boost growth through substantial investment in research and innovation across the UK.

    Key actions announced today by the Intellectual Property Office (IPO) include:

  • £90 Million boost for Buses across England

    Bus services across England are set to receive £90 million to make them greener, more efficient and easier to use, Transport Minister Norman Baker announced today.

    The Government believes that the funding will deliver better services for passengers in a way that will cut carbon and deliver growth.

  • Multi million package announced to boost innovation and research in the UK

    A £75 million boost for high tech small and medium sized businesses is part of a package of measures announced today in the Government’s new Innovation and Research Strategy for Growth.

    The strategy, launched by Business Secretary Vince Cable and Minister for Universities and Science David Willetts, sets out the Government’s plans to boost economic growth through investment in research and innovation across the UK.

    Key actions announced today include:

  • New Intellectual Property Attaché in China will support UK businesses

    The UK’s first ever Intellectual Property (IP) Attaché has been appointed and will start work in China on 14 December. The position is an important part of the Government’s plans to strengthen trade relations and unlock the growth potential of UK businesses abroad.

  • Government launches consultation to improve bank bonus transparency

    The Government has launched a consultation that will help tackle unacceptable bank bonuses by improving pay transparency at large banks, Mark Hoban, Financial Secretary to the Treasury, has announced today. The proposals would extend transparency arrangements at large banks by requiring the eight highest-paid non-board executives to disclose their remuneration arrangements. Improving transparency for senior executives who manage risk will help provide shareholders with more tools to hold senior management to account.