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Devon farmers profit as EU takes a prime cut of our beef exports

Beef farming and Devon’s beef industry could be under threat if the UK left the EU, according to Environment Secretary Elizabeth Truss. Ninety-three per cent of all our beef exports went to the EU in 2015 and so beef farmers could lose millions of pounds of business if they lost access to the vital EU […]

Over 85,500 applications for 2016 BPS submitted by deadline

Claims submitted during the penalty period after the 16 May deadline will incur a 1% penalty for each working day they are late so getting them in quickly is important. Farmers can still make certain amendments until midnight 31 May without being penalised. Some changes can still be made after this date but may be […]

Better management of medicines: apply for business contracts

Organisations can apply for a share of £475,000 in funding for innovative technology solutions to healthcare challenges in Northern Ireland. The Department of Health, Social Services and Public Safety of Northern Ireland is seeking business innovations that improve the way medicines are prescribed. It is to invest up to £475,000 in SBRI (Small Business Research Initiative) contracts […]

SMAS National Conference: A Manufacturing Future for Scotland

The Scottish Manufacturing Advisory Service (SMAS) National Conference returns in 2016. A Manufacturing Future for Scotland at the Westerwood Hotel on 7 & 8 September will bring together the ‘who’s who’ in manufacturing to help shape the vision for the future of the sector. Sponsored by Bank of Scotland, the event is designed to inspire, […]

£411m investment in new missile for UK’s new jets sustains 700 UK jobs

The Ministry of Defence has awarded a £411m contract to develop a new missile for the UK’s future F-35B supersonic stealth aircraft. The contract secures around 350 highly skilled missile engineering jobs across MBDA’s sites in Stevenage, Bristol and Lostock, with an equivalent number of jobs in the wider supply chain, and will draw on […]

Latest Lloyds dividend payment takes total recovered for taxpayers to over £16.8bn

The government will receive a dividend payment from Lloyds of £130m on 17 May, taking total dividends received to £318m. The latest dividend payment takes the total the government has recovered from Lloyds for taxpayers to over £16.8bn. Since the financial crisis the government has recovered over £75bn of financial assets for the taxpayer. The […]

John Kingman to lead creation of new £6bn research and innovation body

Science Minister Jo Johnson has confirmed that John Kingman will be appointed as Chair of UK Research and Innovation (UKRI). Science Minister Jo Johnson on 17 May 2016 confirmed that John Kingman will be appointed as Chair of UK Research and Innovation (UKRI) on an interim basis, to set up the new organisation in shadow […]

BCC response to CMA report on retail banking market

Commenting on the Competition and Markets Authority’s provisional decision on remedies (PDR) in the retail banking market, Dr Adam Marshall, Acting Director General of the British Chambers of Commerce (BCC), said: “Businesses will welcome some of the CMA’s plans to boost competition in the retail banking market, notably measures that help firms compare the services […]

CMA wants banks to work harder for their customers

In its provisional decision on remedies (PDF, 3.72MB, 405 pages), published on 17 May, the Competition and Markets Authority (CMA) outlines a wide-ranging package of proposals to tackle the issues hindering competition in personal current accounts (PCA) and in banking services for small and medium-sized enterprises (SMEs). The detailed proposals include new protections for overdraft users. At present, it is […]

Aberdeen can compete with world’s best cities for global investment

The regeneration expert appointed to help drive forward the Aberdeen City Centre Masterplan (CCMP) said the city can compete on a global stage. Marc Cole, who has successfully delivered major projects across the UK, said the journey towards creating an even more vibrant heart had already started. The CCMP, unanimously approved by Aberdeen City Council […]

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