The risks to the affordability of the Ministry of Defence Equipment Plan are greater than at any point since reporting began in 2012, according to a report from the National Audit Office. Spending on equipment and associated support in the 2016 Plan is projected to be £178 billion, an increase of 7%, compared to an […]
One Public Estate expands to help almost three quarters of councils to deliver 44,000 jobs and 25,000 homes through property. The Cabinet Office and Local Government Association have announced that a further 79 councils will join the One Public Estate (OPE) programme, bringing the total number of councils participating in OPE to 255 – almost […]
UK-wide workshops will allow businesses and scientists to input on how the cross-disciplinary fund can support industry. Business and scientists in the UK are being invited to contribute their thoughts how on the Industrial Strategy Challenge Fund can support them. The fund, which was announced by the Prime Minister at the 2016 CBI Annual Conference, […]
Defence Minister Harriett Baldwin announces £269m deal for Crowsnest system to protect new Queen Elizabeth Class aircraft carriers. The deal with Lockheed Martin will see the start of manufacturing on the new Crowsnest system. It will act as the eyes and ears for the Royal Navy’s ships, providing long range air, maritime and land detection […]
UK Export Finance (UKEF) has announced that it will provide $400 million in support for a GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project. GE Oil & Gas, which is headquartered in the UK, is providing subsea production systems to the project, which will develop oil and gas fields approximately 60km […]
The UK’s digital revolution is set to benefit from a multi-million pound boost, under plans announced by Communities Secretary Sajid Javid. A new Local Government Finance Bill will make it easier for companies to connect more homes and businesses across England to gold standard full fibre broadband and help get the UK ready for 5G […]
Additional capital funding of £40 million, announced in the Welsh Government’s final Budget, will improve Wales’ health estate and accelerate transformation – Health Secretary Vaughan Gething announced. The capital funding forms part of significant ongoing investment in modernising NHS buildings and equipment and supporting the delivery of new models of care. It will be particularly […]
Manchester City Council has announced proposals to dramatically increase investment in maintaining the city’s roads over the next five years. An extra £100m will be invested to get roads to a good standard and keep them there – with the busiest roads brought back to ‘as new’ condition – and help support the city’s future […]
New research from the Federation of Small Businesses (FSB) warns the UK risks failing to meet its climate obligations without the help of small businesses. FSB’s latest report, ‘The Price of Power: Energising small business in the next UK Carbon Plan’, shows how with improved incentives and fewer barriers, small firms can be key to […]
Department for International Trade brings in over £16bn in foreign investment since its creation, revitalising UK industries. The UK’s continued reputation as an attractive place to invest and do business with is helping boost jobs and industry across the country, with new deals worth billions agreed in the last five months. Since its creation in […]
