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Ajax vehicle brings Merthyr Tydfil factory back to life

A disused forklift truck factory in Wales has been officially opened as a specialist engineering hub for the British Army’s next generation of armoured vehicles. The opening will create 250 new and highly skilled jobs. Following a £390 million commitment to the Ajax armoured vehicle by the Ministry of Defence (MOD), General Dynamics UK decided […]

A Smart Power Revolution could save consumers £8bn a year

The National Infrastructure Commission has published its first report: Smart power. In October 2015, the National Infrastructure Commission was asked to consider how the UK can better balance supply and demand, aiming towards an electricity market where prices are reflective of costs to the overall system. The Commission has published that analysis. The Commission’s central […]

Government to invest record £26.3 billion in UK’s world-class science until 2021

Universities and Science Minister Jo Johnson has set out the government’s commitment to put the UK at the forefront of research to tackle some of the planet’s greatest challenges such as flooding, famine and viral diseases like Ebola. Announcing a record £26.3 billion budget for science for the next 5 years from April 2016, the […]

Government going further to cut red tape by £10 billion

Comprehensive measures that will help deliver the government’s commitment to cut a further £10 billion of red tape were unveiled on the 3rd March 2016 at the BCC annual conference by Business Secretary Sajid Javid. The UK already has the lowest burden of regulation in the G7, according to the World Economic Forum. Businesses from across the country have […]

Government plan to boost south-east transport infrastructure

A major study to boost transport infrastructure across the south-east has just been launched with the UK Government investing £15 billion to create 1,300 extra miles of lanes up until 2020 in the biggest upgrade to the road network in a generation, to deliver better journeys for drivers. The work, which will look at ways […]

HSBC’s relocation a ‘significant boost for the Midlands’

Harriett Baldwin has labelled HSBC’s landmark decision to move its retail banking operation from London to Birmingham ‘a major boost to jobs and growth in the Midlands’. The Economic Secretary will be the first government minister to visit the construction site of HSBC UK’s new 9.2 acre location – 2 Arena Central – and hailed […]

Serco to create significant opportunities for Scottish business

One of the UK’s leading service companies has this week committed to a significant expansion of its procurement in Scotland. Over the next three years, Serco intends to double its procurement spending from Scottish companies and to substantially increase the number of Scottish Small and Medium size Enterprises (SMEs) with which the company does business. […]

£37m EU-backed investment to unlock potential of young people in Wales

A new £37m EU-backed investment to help improve the career and life prospects of young people who are at risk of disengaging and falling out of education and training in Wales will be announced by Finance and Government Business Minister Jane Hutt. The Minister, announcing the schemes – which are backed with £25.5m from the […]

Investing in cutting edge medical research

Minister for Sport, Health Improvement and Mental Health, Jamie Hepburn has announced a £6 million investment in the Scottish Genomes Partnership (SGP), ahead of a parliamentary reception to mark Rare Disease Day. The SGP is a collaboration of Scottish Universities and the NHS capitalising on £15 million investment in whole genome sequencing technology by the […]

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