News Category
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CMM and Barclays join forces for museum expansion
Barclays' funding boost for Notts museum The Framework Knitters Museum in Ruddington, Nottinghamshire, has obtained funding from Barclays to help the museum achieve an ambitious redevelopment and expansion project. The funding deal was overseen by Graham Allen of Corporate Money Matters, an independent corporate consultancy and financial specialist, who worked closely with the museum to find a suitable funding partner and broker the deal. Dennis Jones, Assistant Treasurer at the Framework Knitters Museum, explained: ‘We’re very proud ...
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Boost for UK autonomous vehicle technology
Climate Change and Industry Minister, Claire Perry, has launched MERIDIAN, a new brand for the development of connected and autonomous vehicle (CAV) technology in the UK funded jointly by the Government’s CAV investment programme and by industry. The aim is to create a cluster of excellence in driverless car testing, along the M40 corridor between Coventry and London, to accelerate the development of the technology, grow intellectual capital and attract overseas investment in the UK. Claire Perry ...
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UK manufacturing sector remains solid
The UK manufacturing sector remained solid at the end of the first quarter of 2017, with the Markit/CIPS Purchasing Managers’ Index. recording 54.2 in March (54.5 in February) having remained above the neutral mark of 50.0 for the eighth successive month. The latest PMI reading compared favourably to its long-run trend (51.6) although sector data suggested ...
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Household pessimism on Brexit impact widespread
New data from IHS Markit suggests that British households have become increasingly pessimistic regarding the long-term economic prospects following last year’s vote to leave the EU. The March poll, conducted by Ipsos MORI, showed the proportion of people expecting the UK economy to fare better over the next ten years falling to 29%, down from 39% last July. The proportion seeing ...
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Ofcom – automatic compensation for landline and broadband customers
Landline and broadband customers who suffer slow repairs, or missed deadlines or appointments, should receive money back from their provider, without having to ask. This is the proposal put forward by Ofcom which wants providers to pay automatic compensation – either a cash payment, or a credit on a bill – when, for example: ·
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Small businesses to cut investment
Britain’s smallest companies have scaled back plans to invest in their businesses, according to the latest Lloyds Bank Business in Britain research. Companies with a turnover of less than £1 million expect to invest an average of £21,690 in their businesses in the next six months – a fall of 74% since July, when firms said they expected ...
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Apply for hedgerows, boundaries, and woodland management grants online
Applicants for hedgerows and boundaries and woodland management grants can now be made online via the Rural Payments service. The service can ensure only eligible fields are included - instant confirmation is provided once an application is submitted. The woodland management plan grant is open all year round but this year the hedgerow and boundaries grant, which opened on 1st February, closes on 28th April. While applicants are encouraged to use the online service, paper applications will still ...
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Asda launches free-range milk
Asda has declared that it has become the first UK retailer to sell free-range milk – where it's guaranteed that dairy cows have grazed outdoors for at least six months of the year. Both semi-skimmed and whole milk are now for sale in 109 Asda stores, in one and two litre bottles, priced at 90p and £1.50 respectively.
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Rates shock to small business growth
A significant proportion of small businesses across the UK are preparing to reduce investment and staff costs once business rates rise next month, according to a new survey from the Federation of Small Businesses (FSB). The research finds that more than a third of small firms expect to see their business rates increase from 1st April. Of those facing a rate rise, 44% of FSB respondents say their business rates will eventually increase by over £1,000 per ...
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Boost for UK artificial intelligence sector
New measures to support Britain’s Artificial Intelligence (AI) sector are set to be announced by the Government, with proposals expected to include: A major AI review to identify the critical elements for the technology to thrive and grow in the ...