A new report out from EEF, the manufacturers’ organisation, shows that the UK is off the starting blocks in the race to prepare for the 4th industrial revolution (4IR), with over four in ten manufacturers (42%) now saying they have a good handle on what 4IR will entail. But while industry awareness is growing, just […]
Councils have managed their finances well but significant challenges lie ahead, says the Accounts Commission. In its financial overview published today, the local government spending watchdog said councils had remained within their overall budgets, increased their reserves slightly and reduced their debt in 2015/16. Each council has its own particular challenges but all councils face […]
UK membership of the Single Market is good for all the British Isles and the Irish Government has a strong ally in Scotland to help secure this important goal, First Minister Nicola Sturgeon will say during an address to business leaders. She will address 130 CEOs including representatives from Microsoft, Aer Lingus, Diageo, Accenture, Ulster […]
Towns and cities across the country are set to benefit from £3 billion worth of investment on improving roads in a boost for motorists. This investment will lead to quicker and safer journeys and help to build a stronger economy by linking people with jobs, businesses with customers, ensuring a country that works for everyone, […]
Council leaders have set out plans to secure the Glasgow City Region’s long term economic future by building a direct rail link between Glasgow Airport, Paisley and the city centre. Glasgow Airport injects around £170m to the Glasgow City Region economy every year and businesses have backed the project as essential to ensuring it remains […]
A company which produces portable incubators for premature babies and another which makes navigation systems for bicycles are among 20 start-ups to have benefitted from £2.5 million in funding from the Mayor of London, Sadiq Khan, since the EU referendum. The London Co-investment Fund – the Mayor of London’s early stage business fund – uses […]
A £120m investment will mean that Portsmouth Naval Base will be ready for Britain’s biggest ever warship, HMS Queen Elizabeth, the Defence Secretary Sir Michael Fallon told personnel at the ship’s new home. The Defence Secretary was speaking during a tour of the new facilities being built to support the first of the Royal Navy’s […]
At the Autumn Statement, the Chancellor announced that the government will move to a single major fiscal event each year. This means following the spring 2017 Budget and Finance Bill, Budgets will be delivered in the autumn, with the first one taking place in autumn 2017. 1. The UK is the only major advanced economy […]
The Northern Ireland Executive’s budget will receive an increase of more than £250 million through to 2020-2021. Today (23 November 2016) at Autumn Statement, the Chancellor set out announcements which will build an economy that works for everyone, in Northern Ireland, and the whole of the UK. The UK government’s decision to focus on infrastructure […]
The Chancellor, Philip Hammond, has presented his Autumn Statement to Parliament – here’s a summary of what was announced. CONTINUING TO BRING DOWN THE DEFICIT 1. New economic forecast – UK economy is forecast to be the fastest growing major economy in 2016, but the OBR has forecast growth to slow and inflation to rise […]
