The Department for Work and Pensions (DWP) has confirmed that the cap on compensation paid by the Pension Protection Fund (PPF) will increase, much to the chagrin of businesses.
UK manufacturers will build 15% of each F-35 jet (formerly Joint Strike Fighter) and the programme will support upwards of 24,000 jobs. However, the continued escalating costs of the planes, imposed economic austerity and technological advancements of drones have cast doubts over the long-term true scale of the programme.
Bloodhound's SuperSonic Car (SSC) arrived at Downing Street today as Prime Minister David Cameron endorsed an apprenticeship initiative from Engineering Institutions.
The Big Innovation Centre, part of Lancaster University and The Work Foundation, has called for an ambitiously targeted programme of investment in science, research and technology ahead of the Spending Review later this month.
Business and energy minister Michael Fallon announced up to £25m of government funding for aerospace research at the Paris Air Show today.
CBI boss John Cridland has told a legal conference why the UK needs an industrial strategy that supports specific sectors.
A poll by the Institution of Mechanical Engineers has found that 43% of the public would back a government subsidy for the construction of new nuclear power in the UK
The Manufacturing Advisory Service has helped more than 9,000 manufacturing firms in England generate nearly £620m of extra turnover in the last 15-months, the MAS annual report shows.