Economy

Innovate UK: funding the future

Economy Piles of Coins on Notes UK MAnufacturing - Shutterstock - Finance Investment - Autumn Statement
Posted on 24 Apr 2017 by Nick Peters
A critical component of the government’s Industrial Strategy over the next four years is an investment of £4.7bn in R&D. Responsibility for managing this Industrial Strategy Challenge Fund lies with Innovate UK, a division of the Department for Business, Energy and Industrial Strategy (BEIS).

The Apprenticeship Levy: it can work for everyone

Stock Image Apprentice Skills Training Workers Apprenticeship Levy
The Apprenticeship Levy, which came into force in April, obliges firms with wage bills in excess of £3m to pay 0.5% of that bill towards funding the creation of three-million new apprenticeships. It is not a popular measure, but Kate Maddison-Greenwell believes that if fully embraced, it can be beneficial for all.