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Chinese EV battery investment Coventry: Potential £1bn investment from EVE Energy could transform region’s electric vehicle landscape
Six innovative projects unveiled at Space-Comm Expo aim to boost the UK’s space sector, including SSTL’s initiative supported by the Space Clusters Infrastructure Fund.
Trade Secretary Kemi Badenoch initiated talks with Turkey’s Trade Minister Ömer Bolat to craft a new trade deal, leveraging the UK’s prowess in services.
Chancellor Jeremy Hunt has revealed a £365 million funding package, including £92 million for life-saving medicines, £200 million for zero-carbon aircraft tech, and nearly £73 million for automotive projects, aligning with the government’s Advanced Manufacturing Plan to secure long-term economic growth.
Siemens will invest £100 million in a state-of-the-art rail manufacturing facility in Wiltshire, set to replace the Chippenham factory, with over 800 skilled jobs, demonstrating the government’s dedication to advancing technology and boosting the manufacturing sector.
Government-backed Start Up Loan Scheme has provided over £100 million in support to the upcoming generation of business leaders.
The UK Government backs SMEs with new Help to Grow campaign and small business council.
The United Kingdom has emerged as a significant player in the global Greenfield FDI landscape, with a capital expenditure of £720 billion.
In a strategic move to maintain the United Kingdom’s position as a leading global services exporter, the government has committed £500,000 to support professionals in expanding their international reach.
The Levelling Up initiative in the UK, designed to address economic imbalances across regions, directs government funding to target areas.
UK Government launches new funding Programme that is worth up to £10 million per year, targeting cutting-edge SME aerospace research projects to advance net zero aviation and help secure more high-skilled aerospace jobs across the UK.
Essar has an ambitious plan to turn the UK’s North-West into the country’s first net-zero industrial cluster. They have announced a £1.75billion transformation of the refinery in Ellesmere Port between Manchester and Liverpool.