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Vince Cable delivers funding boost for Liverpool pharma company

Redx Pharma announced as beneficiary from Regional Growth Fund An early stage drug development company, based at the University of Liverpool has been allocated £4.7 million from the third round of the...

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UK Trade & Investment refreshes board in drive to double exports

UK Trade & Investment (UKTI) has appointed seven new board members as the Government’s international business development body reorganises itself in the drive to double exports to £1 trillion a...

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UK Green Investment Bank gets green light from Europe

Plans by the UK Government to set up the world’s first Green Investment Bank (UK GIB) have been approved by the European Commission today (17 October 2012). The Bank is now set to begin operations in...

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Small firms given headstart to export

A new service providing practical support for UK businesses to export to high growth markets in South East Asia was unveiled today.

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Single Market Week: British SMEs urged to exploit EU opportunities

The European Union (EU) is celebrating the 20th anniversary of the Single Market this week with events across the continent, including a high-level conference today at Lancaster House in London.

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Simpler company reporting to focus on transparency and gender balance

Measures to improve the quality of narrative reporting by Britain’s largest companies were published today by the Department for Business, Innovation and Skills (BIS). The draft regulations will help...

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Rochdale firm gets green light for government funding

A manufacturing company that has a hundred and fifty year history in Rochdale will start building its new European headquarters in the area after being given the green light for funding from the...

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Queen to bestow new Regius Professorships on outstanding Universities

To mark the Diamond Jubilee, up to six Regius Professorships are to be awarded by The Queen to universities across the UK for their excellence in teaching and research. The Minister for Political and...

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Private sector businesses hit record level

Official figures released today show that the number of private sector businesses in the UK increased significantly to 4.8 million at the start of 2012 – a record high.

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Prime Minister and Deputy Prime Minister welcome Airbus deal with Turkish...

The Prime Minister David Cameron and Deputy Prime Minister Nick Clegg have today welcomed a deal for Airbus to provide 15 new A330 planes to Turkish Airlines, which is expected to be worth at least...

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Paving the way to business freedom

A package of measures to help cut unnecessary red tape and take steps towards creating the right conditions for businesses to grow, were announced today, as new amendments to the Enterprise and...

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No capital gains tax on employee share ownership for new employee-owners

The Chancellor of the Exchequer, the Right Honourable George Osborne MP, has today announced plans for a new kind of employment contract called an owner-employee.

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New research shows businesses with a difference face unique challenges

Cultural differences, a lack of trust and language difficulties can present some businesses with unique regulatory barriers to growth not faced by most smaller firms.

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Joanna Shields to lead Tech City Investment Organisation

The Government today announced the appointment of Joanna Shields as Chief Executive of the Tech City Investment Organisation (TCIO).

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Government sets out ambition to drive growth and improve food security...

A new strategy that will take advantage of the UK’s world class research base to improve global food security, whilst driving economic growth, has been kick started today by the Government.

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Government investment secures £1 billion for university and private research

World leading science projects are receiving a £1 billion joint industry, university and Government boost, the Chancellor of the Exchequer, the Rt. Hon George Osborne MP and the Minister for...

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Employee owner plans to boost growth set out

A consultation setting out plans for a new employment status called an ‘employee owner’ was published today, by Business Minister Jo Swinson. The move follows the Chancellor’s announcement on 8 October...

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Deputy Prime Minister: New £1 Billion boost for Regional Growth

£6 billion of private sector capital leveraged. 130 projects selected for the third round. The £1 billion third round of the Government’s Regional Growth Fund will create or safeguard thousands of jobs...

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David Willetts comments on the awarding of the Nobel Prize in Medicine

Welcoming the announcement that Sir John Bertrand Gurdon of the University of Cambridge has been awarded the Nobel Prize in Medicine, Minister for Universities and Science David Willetts said:

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David Willetts comments on Alan Milburn’s report “University Challenge: How...

Commenting on the publication of Alan Milburn’s report “University Challenge: How HE can advance social mobility”, Minister for Universities David Willetts said:

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Cable urges southport businesses to increase apprenticeships

Business Secretary Vince Cable will today call on local businesses in Southport to take advantage of the Government’s £1500 grant for employers to take on more young people as apprentices.

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Businesses urged to compete for growing low carbon opportunities

Low carbon business opportunities in Brazil and South Korea stretch into billions of pounds, two reports published by UK Trade & Investment (UKTI) reveal.

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Apprenticeship programme continues to grow

New statistics published today show a continued increase in the number of people taking up apprenticeships. The provisional data shows that for the full 2011/12 academic year (August 2011 to July...

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