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.
The Government has launched a review inviting pharmaceutical manufacturers and producers to comment on enforcement of rules governing the sector.
Government support for manufacturing keeps growing and the industry has ambitious targets for 2020, but the investment must be sustained for the industry to keep growing, says Marc Sobbohi.
Speaking to The Manufacturer at the opening of Bloodhound’s new Technology Centre, universities and science minister David Willetts hailed the strength of UK manufacturing and the prospect of large projects coming to British shores.
EEF says today’s infrastructure spending plans provide much needed clarity, but now is the time for cross-party agreement to provide the confidence needed for manufacturers to invest. The manufacturers’ body explains why the next step is needed now to make the most of £100bn
The Chancellor George Osborne's proposed cuts to the public service, announced in today's spending round, would reduce government departments spending by £11.5bn in 2015-16. The savings are being earmarked to further reduce the federal deficit and provide greater investment for infrastructure, science and education.