Government

Lotus gets £10.44m government grant

Secretary of State, Vince Cable at Lotus; Mr Aslam Farikullah Group Lotus plc Chief Operating Officer; Dato’ Lukman Ibrahim, Deputy CEO of Proton
Posted on 26 Nov 2013 by

The Regional Growth Fund (RGF) has secured Lotus a multi million pounds grant for R&D of products and staff training. The firm also plans to create 313 new full time jobs to support the manufacturing processes for the next few years.

UK businesses get jobs tax cut

HMRC is encouraged to provide support for qualifying companies
Posted on 6 Nov 2013 by

The manufacturing industry is set to benefit from a reduction of up to £2000 from its employer National Insurance Contributions Bill thanks a revamp in NIC regulation by HMRC.