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Multi-million pound boost for UK manufacturing supply chains


By Daniel Hunter Successful bids from Round 1 of the Government’s £125 million Advanced Manufacturing Supply Chain Initiative (AMSCI) are projected to create or safeguard over 2,160 jobs supported by approximately £80 million of joint public and private sector investment. Of the £80 million investment, around £30 million has been awarded from... read more


Economic growth hampered by transport projects


By Marcus Leach The British Chambers of Commerce (BCC) have said that economic growth is being hampered by too many UK transport projects being stuck in the "slow lane". The BCC highlighted that of 13 current key schemes only three are currently going ahead, with a further two having some funding.... read more


Manufacturers expect moderate reduction in output


By Daniel Hunter UK manufacturers expect to reduce output over the next three months, while overall orders are relatively flat, the CBI said today (Thursday). Of the 409 manufacturers responding to the latest monthly Industrial Trends Survey, only 19% expect to increase their volume of output over the course of the next... read more


West Midlands exporters given a boost


By Daniel Hunter West Midlands exporters are set to benefit from a new export finance expert with the appointment of an Export Finance Adviser tasked with helping exporters get access to finance for their export needs. Phill Potter, who brings 34 years of experience in the banking industry to the role, will... read more


Lack of small businesses looking to trade internationally


By Daniel Hunter Following the UKTI’s call to help more businesses to pursue international trade opportunities, Bibby Financial Services has found just 16 per cent of small and medium-sized firms (SMEs) are considering international trade to help boost their business. Research conducted by the leading invoice finance provider during the third quarter... read more


Students to be talent spotted for engineering careers


By Daniel Hunter Budding engineers now have the chance to be talent spotted by some of the country’s biggest and most innovative engineering companies thanks to the extension of an industry-led scheme. The announcement was made today by Business Secretary Vince Cable in a speech to the Confederation of British Industry. The... read more


Britain must seek global trade opportunities


By Daniel Hunter In a speech to the CBI Annual Conference today (Monday), the CBI President, Sir Roger Carr, will say that UK businesses must claim their share of global trading opportunities, but not forget that Europe accounts for half of British exports. Setting out the CBI’s priorities, Sir Roger will highlight... read more


London firms fast tracking to success in India


By Daniel Hunter Fifteen companies are setting their sights on India after being awarded a place on the sought-after India Marketing Scholarship Programme. Organised by UK Trade & Investment (UKTI) London, the programme was created to help companies fast-track their way into India. Senior managers of SMEs looking for a competitive edge,... read more


Olympics gives UK firms a timely export boost


By Daniel Hunter New research by UPS and the Centre for Economics and Business Research (Cebr) reveals that The London 2012 Olympic and Paralympic Games has given the UK a major reputation boost among multinational business leaders. It predicts this boost could drive up to £21 billion in additional demand for... read more


Prime Minister puts trade at heart of country’s economic growth


By Claire West The Prime Minister announced the appointments of eight Trade Envoys, who will promote trade for UK businesses in selected high-growth and developing markets. In a speech to the Lord Mayor’s banquet at the Guildhall, he also announced a new £8 million pilot project to strengthen the... read more