The Government has launched a strategy to advance Britain’s agricultural technologies, including £90 million of funding to develop Centres for Agricultural Innovation.
Universities and science minister David Willetts announced £60m of government investment to develop Reaction Engines' SABRE technology at the UK Space Conference in Glasgow today.
The announcement of a new £1 billion investment package that is expected to provide a boost to the automotive sector was welcomed by trade bodies and unions.
The 'Driving Success' strategy was launched today by business secretary Vince Cable and Professor Richard Parry-Jones, co-chairs of the Automotive Council, at the Goodwood Festival of Speed.
Business minister Michael Fallon praised the role of the Regional Growth Fund (RGF) in aiding British business as West Midlands based Cab Automotive had its £1.6m funding confirmed today.
The results of bids for Round 4 of the Regional Growth Fund are out today, as 102 projects and programmes will share £506 million pot to stimulate growth and jobs across the UK.