Cardiff based MotoNovo Finance is creating more than 580 new jobs more than doubling staff numbers in a major expansion backed by the Welsh Government. Announced on 15 March by Economy Minister Edwina Hart, it is the largest job creating inward investment project for the financial and professional services sector in Wales so far this financial […]
The National Infrastructure Commission on 15 March published its third report: High Speed North. In October 2015, the National Infrastructure Commission was asked to advise on strategic improvements to transport connectivity in the North. On 15 March, the Commission published that analysis. Our central finding is that the North needs immediate and very significant investment […]
Purolite is investing in a new high value manufacturing facility at its European HQ in Llantrisant secured with Welsh Government support. This will create and safeguard 55 jobs and provide a £120m boost for Welsh suppliers over the next five years. The new state of the art facility will produce agarose based resins based on […]
The CBI has reiterated its call for the Chancellor to spur on innovation and investment and avoid increasing the mounting costs on business any further ahead of this week’s Budget. Recent CBI analysis revealed that inaction on business rates, together with recent Government policy changes, including the National Living Wage and the Apprenticeship Levy, […]
Britain’s manufacturers are calling for the reform of business rates in this week’s Budget by the removal of plant and machinery from rateable calculations. In particular, this would provide a boost to highly capital intensive sectors such as steel. Making the call, EEF, the manufacturers’ organisation published data showing the likely additional boost that would […]
Ahead of the Chancellor’s Spring Budget on March 16, the British Chambers of Commerce (BCC) is urging the government to avoid introducing new taxes, costs and obligations that could dent business confidence in a softening economic environment. The business group urges the Chancellor to use his fourth fiscal event in 12 months to opt for […]
Scotland’s largest regeneration project has been awarded an additional £3m, Housing Minister Margaret Burgess announced on 13 March. The funding for Clyde Gateway in Glasgow’s east end will support further development of vacant and derelict sites in Dalmarnock, Rutherglen and Shawfield. Plans include new business units and factories that are expected to provide local employment […]
Plans by the Welsh Government to create 10,000 new business and 28,300 new jobs over the next five years through the extended flagship Business Wales service will be supported by an independent, private-sector led advisory board. The enhanced and extended £50m Business Wales service backed by Welsh Government and EU funding – was launched in […]
The government is publishing 2 strategies outlining its plans for social investment in the UK and overseas. Social investment uses private capital to generate social as well as financial returns. It helps social sector organisations do more by providing the capital they need to provide their services, grow or become more sustainable. Two new strategies […]
The Ministry of Defence (MOD) has launched a new policy for Small and Medium Enterprises (SMEs), cutting red tape to make it easier for companies to work with Defence. The changes will help the MOD drive towards its target of 25% of all procurement spending – both direct and indirect – going to SMEs by […]
