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....The UK plans to invest millions of pounds to explore how the batteries in thousands of electric cars could help the power grid and drive take-up of the cleaner vehicles. British businesses will be able to bid for £20m of government funding for undertaking research and trials of vehicle-to-grid technology, which officials believe holds “enormous potential” benefits for drivers and the energy system. ... [Read full article on Guardian ]
Friday 7th of July 2017 03:22:04 PM
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Latest Finance News related to Government Funding

UK to fund research into letting electric cars return power to grid image
....The UK plans to invest millions of pounds to explore how the batteries in thousands of electric cars could help the power grid and drive take-up of the cleaner vehicles. British businesses will be able to bid for £20m of government funding for undertaking research and trials of vehicle-to-grid technology, which officials believe holds “enormous potential” benefits for drivers and the energy system. ...
Tories' 30-hour free childcare plan fails to target poor families, says expert image
....“As it stands, a family with a household income of nearly £200,000 will be eligible for the scheme, while another where, for example, one partner works 15 hours a week at the minimum wage in addition to volunteering, training, or further education, will not. How is this an effective use of government funding?. ...
Philip Hammond hints government will ease up on austerity image
Source : Guardian [Read Article] Sunday 18th of June 2017 09:51:43 AM
....5% of GDP, government borrowing was “not sustainable in the long term” and he left open the possibility of raising taxes to fund more generous public spending. Asked whether he would go ahead with £3bn of cuts to local government funding, he replied: “We’ve set out a series of measures that are already legislated for. ...
Bankruptcy risk as ‘desperate’ councils play the property market image
Source : Guardian [Read Article] Saturday 29th of April 2017 10:10:17 PM
....5bn in the commercial property market, according to Sir Vince Cable, former business secretary. Heavy cuts in central government funding have left the authorities having to consider increasingly exotic solutions to ease their financial constraints. ...
Ding ding! All aboard the ex-Lib Dem minister's solar-powered bus image
Source : Guardian [Read Article] Sunday 23rd of April 2017 03:53:02 PM
....Baker says the Big Lemon, which also hires coaches for wedding and runs festival services to Glastonbury, is in talks with the DfT for investment to help the group convert a further three buses to solar power. The Big Lemon narrowly missed out on government funding recently, but its founder, Tom Druitt, is hopeful of securing state backing this time. ...
Drivers could be paid 'up to £2,000 to scrap diesels' image
Source : BBC [Read Article] Monday 17th of April 2017 10:17:34 AM
....Neil Parish, chair of the Commons environment committee, supports the scrappage plan and will use a parliamentary debate on Wednesday to raise the proposal. He is expected to tell MPs that government funding of £500m would take nearly 10% of the five million dirtiest diesels off the road. ...
Hull after Brexit – will the City of Culture regret voting out? image
Source : Guardian [Read Article] Sunday 2nd of April 2017 02:30:03 PM
.... Overall, though, the letter reported that local businesses believed exporting would be hit because new trade deals were unlikely to be as good as existing conditions, that local industries, particularly food processing and agriculture, which are big employers, “are heavily reliant on eastern-European labour” to do often difficult work. Haskins also voiced a worry that EU structural funds, for which Hull has consistently qualified as a deprived area, would not be replaced by equivalent British government funding. ...
Toyota invests £240m in Derbyshire plant – but warns over Brexit tariffs image
....Van Zyl said: “This upgrade of Toyota Motor UK is a sign of confidence in our employees and suppliers and their focus on superior quality and greater efficiency. We welcome the UK government funding contribution for this activity. ...
Housing association agrees to buy back homes on 'substandard' development image
....1bn fund to buy land, and is in talks to put up another 500 homes in Havering alone. Both Circle’s growth over the last 15 years and this latest move reflect a general trend within housing, whereby traditionally community-based, philanthropic housing associations are becoming increasingly large and commercially minded, something now being accelerated by government funding cuts and deregulation. ...
The war on austerity has begun … in Surrey | Deborah Orr image
Source : Guardian [Read Article] Friday 20th of January 2017 05:23:34 PM
.... Sugar? Spice? All things nice? Either way, the leader of the county’s Conservative council, David Hodge, has done something politically bold and worthy of national attention. Hodge has announced that, owing to cuts in central government funding, he wishes to raise council tax by 15%, to pay for social care. ...
The iPhone at 10 image
Source : BBC [Read Article] Monday 26th of December 2016 02:18:43 AM
.... These technologies, that so many people rely on today, were honed and commercialised by the private sector. But it was government funding and government risk-taking that made all these things possible. ...
John Lewis boss: higher minimum wage should boost productivity image
Source : Guardian [Read Article] Sunday 25th of December 2016 02:17:39 PM
.... Mayfield warned last year that it would lead to a rise in unemployment if productivity did not improve in Britain. Mayfield is now leading an initiative, which received £13m in government funding this year, to try to improve productivity by boosting management skills. ...
Prison to profit  image
Source : BBC [Read Article] Friday 16th of December 2016 10:35:44 PM
....The re-offending rate amongst women who have set up businesses with help from Startup is less than 5% - a stark difference to the 45% of women in the UK who are re-convicted within a year of release. Juliet says the demand is enormous, but this particular pilot scheme is now on hold pending government funding. ...
Charity helping ethnic minority interns loses government funding image
Source : Guardian [Read Article] Wednesday 14th of December 2016 08:00:20 AM
.... When the literary agency advertised eight internships, it had 300 people applying, but not one of them was black or Asian as far as he could tell. He told Broadcast that the charity was at risk of closure because it was carrying a £635,000 debt after continuing to run the scheme in anticipation of government funding. ...
Mitie withdraws from healthcare as it issues second profit warning image
Source : Guardian [Read Article] Monday 21st of November 2016 09:37:09 AM
.... Cash-strapped local councils have been seeking price cuts from the loss-making business, McGregor-Smith said. McGregor-Smith said councils and the health service were not to blame for the care crisis because employment costs, including introducing the “national living wage”, had gone up by a third in the past three years as government funding had fallen sharply. ...
Let's hope 'buy as you go' isn't just another chancers' lottery image
Source : Guardian [Read Article] Tuesday 8th of November 2016 10:52:38 AM
.... Confining someone to such a long period in one dwelling will also affect mobility. Will the equity accrued be portable if someone wants to move on? Who will select the lucky ones to use this scheme? What allocation system will be used? If government funding is underpinning the scheme with taxpayers’ money how should this work? We have seen examples of generous discounts given to sitting tenants in the past through the right to buy, which has seen more than 1. ...
Refocus housebuilding on towns and villages to solve crisis – report image
Source : Guardian [Read Article] Tuesday 27th of September 2016 06:00:18 AM
....The privately funded body was launched by the coalition government in March 2015 to provide advice to local authorities on housebuilding. It argues that the housing crisis should be solved by refocusing government funding efforts on coastal communities, country villages, market towns and the historic cities and counties of England. ...
On-site childcare is a blessing for workers, so why don't more companies offer it? image
....Experts at Australian universities say they haven’t come across statistics for on-site childcare but industry sources estimate that perhaps 40 to 50 companies offer on-site childcare. Tom Hardwick, the chief executive of Guardian Early Learning Group, a nationwide provider of childcare facilities, says there are practical reasons why the number is not as high as in the US, namely the government funding. ...
Insurer launches UK's 'first driverless car policy' image
Source : Guardian [Read Article] Tuesday 7th of June 2016 03:42:00 PM
.... The Jeep manufacturer, Chrysler, was forced to recall cars after researchers showed they could take control of the car via simple text messages. Testing of driverless cars in the UK has already begun, with the government funding a number of projects. ...
Oil company records from 1960s reveal patents to reduce CO2 emissions in cars image
. The forerunners of ExxonMobil patented technologies for electric cars and low emissions vehicles as early as 1963 – even as the oil industry lobby tried to squash government funding for such research, according to a trove of newly discovered records. ...
Post Office 'heading for extinction' amid plan to cut 600 jobs, say unions image
....”. The CWU and Unite, which represents postal managers, called on the Post Office management to resign in protest at government funding cuts to the service. ...
Hammond urges China to cut steel production in bid to save UK plants image
Source : Guardian [Read Article] Saturday 9th of April 2016 10:56:51 AM
....Liberty House, which is led by Sanjeev Gupta, has been linked with a bid for the Port Talbot plant, the UK’s largest steelworks employing about 4,000 staff. However, it is uncertain whether Liberty House has the resources to rescue Port Talbot and Tata’s other sites without large amounts of government funding. ...
Syria's loses students needed to rebuild its future image
Source : BBC [Read Article] Tuesday 5th of April 2016 11:23:15 PM
.... . In 2014 the German Academic Exchange Service (DAAD) won government funding of 7. ...
Care fees for under-threes 'may rise' image
Source : BBC [Read Article] Tuesday 15th of March 2016 01:54:43 AM
....Pilot schemes are due to begin in the autumn, with the full scheme implemented across England in 2017. Childcare providers have told the Victoria Derbyshire programme they are only currently managing to offer 15 hours of free childcare a week by plugging a shortfall in government funding, usually by asking parents to pay a higher rate for the additional time the child spends in nursery. ...
Google car crash 'not a surprise' image
Source : BBC [Read Article] Monday 14th of March 2016 01:27:00 AM
.... . He announced that seven US cities - Austin, Columbus, Denver, Kansas City, Pittsburgh, Portland and San Francisco - had reached the final stage of a competition to receive $40m in government funding for "smart" technologies. ...
Goodbye Westminster, more power to the people? image
Source : BBC [Read Article] Monday 7th of March 2016 12:00:21 AM
...."It was a very big change. Councils were now very heavily dependent on central government funding and the amount of freedom they had with their own tax was virtually none. ...
Private health cover: governments only care about rising costs when they're paying, not you | Amy Corderoy image
.... So much so that the federal government has dedicated itself to reigning in the “rapid and unsustainable” rate of spending growth. Of course, it’s only a crisis when it comes to government funding. ...
Ofcom review to decide future of BT Openreach image
Source : Guardian [Read Article] Wednesday 24th of February 2016 10:57:52 AM
....BT’s acquisition of mobile phone operator EE has intensified calls for it to be forced to offload Openreach. And the firm has faced criticism for dragging its feet on the installation of ultra-fast broadband, especially given that it is the largest beneficiary of about £1bn in government funding to support fast internet through Broadband Delivery UK. ...
Locals fear 'Amazon' project could bring a giant warehouse to Kent village image
Source : Guardian [Read Article] Friday 19th of February 2016 05:30:11 PM
. Amazon is at the centre of a row about a warehouse development in Kent that is set to benefit from almost £50m of government funding and threatens the future of a listed medieval church. ...
Aberdeen to get £500m investment to counter impact of oil price slump image
Source : Guardian [Read Article] Thursday 28th of January 2016 03:05:25 PM
....Related: Oil prices to stay near current level throughout 2016, World Bank says. David Mundell, the Scotland secretary, told BBC Radio Scotland that the government funding would help unlock investment from other sources, including industry and universities. ...
Christopher Pyne backs Belgian trying to save Holden plant in South Australia image
Source : Guardian [Read Article] Wednesday 20th of January 2016 02:48:28 AM
....The plant is scheduled to close late next year after the Abbott government’s end to “industry welfare” saw all three remaining car-makers announce they were quitting Australia. The bid by Dumarey, of Punch International, would require unspecified continued government funding from the $800m Automotive Transformation Scheme, much of which has been booked in the budget as a saving even though the fund is legislated to run until 2021. ...
Switch from grants to loans may not be so bad for business image
Source : Telegraph [Read Article] Sunday 20th of December 2015 09:25:18 PM
.... . “This is exactly what government funding for research should be doing,” says Strevens. ...
How pens and ergonomic furniture are changing the face of Indigenous business image
....”. The beauty of mandating minority procurement is that it injects money into disadvantaged communities on their terms, yet requires no extra government funding. ...
British technology company to 'transform' air and space travel with pioneering new engine design image
.... . With BAE’s backing and an additional government funding commitment of £60m, Reaction will be able to move to the next critical engineering development stage, while remaining an independent company. ...
OBR hands lucky George Osborne a £27bn get-out-of-jail-free card image
Source : Guardian [Read Article] Wednesday 25th of November 2015 07:44:11 PM
....As a result, the OBR expects higher council tax revenues to be bringing in up to £2bn extra by 2020 – though councils complain that it will be easier to raise the extra cash in areas where property prices and household incomes are high. Sharon Taylor, deputy chair of the Local Government Association, said: “Wealthier areas could benefit more because they collect more of their budgets through council tax and are less reliant on government funding. ...
Osborne's big idea image
Source : BBC [Read Article] Wednesday 25th of November 2015 09:05:28 AM
....There will be a substantial £2. 3bn of government funding for the construction of so-called starter homes - or homes up to a value of £250,000, or £450,000 in London, which will be sold at a 20% discount to those under 40 buying their first home. ...
Science Museum ends sponsorship deal with Shell image
Source : Guardian [Read Article] Thursday 12th of November 2015 01:44:43 PM
....Related: Shell sought to influence direction of Science Museum climate programme. The Shell arrangement – the value of which has not been made public – will lapse in December despite the fact that the museum’s director argued in June that such external funding was vital at a time of declining government funding. ...
Theatre ticket prices 'rise by 5%' image
Source : BBC [Read Article] Monday 2nd of November 2015 12:07:11 AM
....". In West Sussex, the Chichester Festival Theatre has lost £300,000 of annual local government funding. ...
Thankyou Whitehall, goodnight – Indie labels win government grants image
Source : Guardian [Read Article] Friday 16th of October 2015 11:01:04 PM
. More than a dozen independent UK music labels and songwriters have received £200,000 in government funding to promote up-and-coming artists abroad. ...
Scams involving fake services to block nuisance calls prolific in UK image
Source : Guardian [Read Article] Sunday 11th of October 2015 11:01:01 PM
.... Consumers are enticed to sign up to a free trial or offer but then trapped into costly monthly payments which can be difficult to stop. The NTS also warned that energy scams, such as those fraudulently selling solar panels, were likely to increase as government funding for the Green Deal comes to an end – similarly, investment scams are likely to increase following changes to pensions that came into effect earlier this year. ...
Independent Scottish fiscal studies body faces closure as funds dry up image
Source : Guardian [Read Article] Thursday 8th of October 2015 04:06:06 PM
....In the absence of easily accessible, aggregate information on what the devolved Scottish public sector owns and owes overall, it is difficult for the Scottish parliament, taxpayers and others to get a full picture and understanding about public spending and the longer-term implications for public finances. FAS supporters fear there is growing lack of public accountability on Scottish government funding and economic policy, coupled with weak parliamentary scrutiny at a time of increasing Scottish National party dominance. ...
Robert Peston leaves BBC for ITV role image
Source : BBC [Read Article] Wednesday 7th of October 2015 01:32:05 PM
Car emissions test body receives 70% of cash from motor industry image
Source : Guardian [Read Article] Sunday 4th of October 2015 05:01:07 AM
....91% of its income from car manufacturers, who pay it to certify that their vehicles are meeting emissions and safety standards. The transport secretary, Patrick McLoughlin, said last month that the VCA, which also receives government funding, would be responsible for re-running tests on a variety of makes of diesel cars and investigating their real-world emissions. ...
SSI Redcar steel workers handed £80m in jobless support image
Source : Guardian [Read Article] Friday 2nd of October 2015 10:28:26 AM
.... Campaigners in Redcar fear the closure will put thousands more jobs at risk in the local economy. Javid’s department said SSI made a “last-minute and unrealistic” request for an “open-ended” government funding commitment to keep Europe’s second-biggest blast furnace burning on the banks of the river Tees. ...
Debate about how big government should be is the next political battlefield image
Source : Guardian [Read Article] Wednesday 30th of September 2015 06:04:58 AM
.... Is government spending and revenue around 25% of GDP simply too low? Australians are living longer, getting access to higher quality health care and there is a vital need to enhance the education system to maintain Australia’s global skills ranking. These items have a high concentration of government funding and participation – pensions, Medicare and education. ...
Future of British Grand Prix at risk, says track boss image
Source : Telegraph [Read Article] Sunday 27th of September 2015 08:00:51 PM
.... The escalator is around half of that of its rivals and Silverstone also keeps half of F1’s corporate hospitality takings for British GP whereas other venues rarely receive any of it. Despite this, the race is still in financial trouble as it lacks government funding. ...
Safety tests for children's fancy dress image
Source : BBC [Read Article] Thursday 24th of September 2015 01:25:28 PM
....". Leon Livermore, chief executive at the Chartered Trading Standards Institute (CTSI), said he welcomed the government funding for the Trading Standards investigation. ...
Denmark reinvents lessons for reluctant learners image
Source : BBC [Read Article] Tuesday 22nd of September 2015 11:03:09 PM
....". The college gets government funding for each student, but it's an autonomous, self-governing institution. ...
UK deficit rises steeply after surprise fall in tax receipts image
Source : Guardian [Read Article] Tuesday 22nd of September 2015 10:04:30 AM
....A fall in income tax receipts sent Britain’s deficit spiralling to £12. 1bn in August, the widest shortfall in government funding since 2012. ...
Typical! Two rival rail announcements come along at once image
Source : Guardian [Read Article] Monday 21st of September 2015 05:29:53 PM
....In recent years, with passenger numbers growing and state investment flowing at a level far higher than in British Rail’s final days, ideological rifts have not excessively perturbed the rail industry. The Rail Delivery Group, which speaks for both the privately owned train operating companies and the publicly owned Network Rail – which runs the infrastructure, track and stations – extols what it calls “the winning combination of private sector competition and government funding”. ...
What's housing benefit for? image
Source : BBC [Read Article] Sunday 20th of September 2015 11:14:04 PM
....The UK currently spends billions of pounds a year on housing benefit. Paul Johnson, director of the Institute for Fiscal Studies, explains the history of the payments and how government funding for house-building has gradually moved into subsidies for rents, especially to private landlords. ...
The businesses that will be hardest hit by the living wage image
Source : Telegraph [Read Article] Tuesday 15th of September 2015 04:00:47 AM
.... The Foundation said history suggested the idea that the policy could lead to mass job losses was overblown. However, it did point to “serious concerns” about the ability for the social care sector to adapt to the changes without more government funding. ...
Whisky biofuels company wins £11m in government funding image
Source : Telegraph [Read Article] Monday 7th of September 2015 11:46:22 AM
Bailiffs 'sent in more than 2m times' image
Source : BBC [Read Article] Thursday 27th of August 2015 09:47:15 AM
....It said that sending in bailiffs was likely to make debt problems worse. Local authorities blamed cuts in government funding, and said bailiffs were only ever used as a last resort. ...
Government contract bids will have to show commitment to apprenticeships image
Source : Guardian [Read Article] Thursday 20th of August 2015 11:01:07 PM
....Cameron made the announcement as he launched a consultation on a planned apprenticeship levy on businesses, which was first set out by George Osborne in July’s summer budget. The levy on large employers in England who train apprentices is expected to be introduced by April 2017 and will supplement government funding for more apprenticeships. ...
Fairtrade feels the pain of the supermarket price war image
Source : Telegraph [Read Article] Saturday 18th of July 2015 06:05:53 PM
....6m income comes from project grants and licence fees for the Fairtrade name. Fairtrade remains in talks with the Department for International Development to secure government funding beyond 2016. ...
Budget 2015: George Osborne's speech in full image
Source : Telegraph [Read Article] Wednesday 8th of July 2015 12:45:59 PM
.... . But it also requires additional government funding. ...
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Funding concern over childcare plans image
Source : BBC [Read Article] Monday 1st of June 2015 04:44:59 PM
....David Cameron said it would "take time" to get the policy right. The Pre-School Learning Alliance - which represents 14,000 private, voluntary and independent groups - is warning of "meltdown" in the system because of a shortfall in government funding. ...
Free childcare: Nurseries warn Cameron's pledge may cost parents more image
....“The so-called free childcare scheme is nothing of the sort. For years now, the initiative has been subsidised by providers and parents because of a lack of adequate government funding,” said Neil Leitch, chief executive of the alliance, whose 14,000 members include private and voluntary daycares and nurseries. ...
Income splitting: a policy to keep mothers at home and not in work image
Source : Guardian [Read Article] Thursday 21st of May 2015 12:53:48 AM
....It is a very costly way to benefit families with one income, and rather than targeting lower- and middle-income-earners who may need the assistance, it favours the wealthy. The cost of the scheme would also necessitate either cutting government funding, raising other taxes or, more likely, lowering the tax-free threshold. ...
£5.6bn 'earned from unsafe homes' image
Source : BBC [Read Article] Thursday 21st of May 2015 12:06:11 AM
....Housing Minister Brandon Lewis said: "No tenant should expect to live in unsafe housing which is why we have already introduced a range of powers for councils to tackle rogue landlords backed by £6. 7 million of government funding. ...
Glasgow, Milton Keynes, Bristol – the smart cities to watch out for image
.... The government has already helped to set up a Tech City programme to encourage digital business clusters to form and Glasgow was selected two years ago to be the example of what a smart city might look like. Glasgow won £24m in government funding in 2013 to set up the Future City Glasgow programme, which is showcasing pilot studies in how everyday objects can talk to one another through a central data hub so the authorities can ease congestion and promote energy efficiency. ...
Greek debt crisis: Cash-strapped country runs out of money to pay public sector workers image
. As the country's need for a bailout loan reaches crisis point, workers and business reliant on government funding have been left in a state of panic and confusion. ...
Corinthian Colleges closes remaining US campuses affecting 16,000 students after false reporting claims image
.... It denies any wrongdoing. Last June, the US Department of Education placed Corinthian on a list of schools held to more strict rules around the government funding they receive. ...
Snooker looks to big breaks in China image
Source : BBC [Read Article] Thursday 23rd of April 2015 11:02:06 PM
.... "Snooker in China has stood on its own feet and gone further than most other sports there. But is has very little government funding - unlike other Olympic sports. ...
Funding an art renaissance in the US image
Source : BBC [Read Article] Tuesday 7th of April 2015 11:35:22 PM
....Endowments remain the most significant source of museum revenue, but new figures from the Association of Art Museum Directors (AAMD) show that funding has become more diversified. Admission fees play a relatively small part, but memberships, foundations and trusts, store purchases and local government funding make important contributions. ...
Tenants hit by £50m rent rise as social housing converted to 'affordable' homes image
. London’s poorest households have been hit by a £50m rent rise as housing associations quietly switch thousands of tenancies to higher rates to make up a shortfall in government funding. ...
How Greece pushed Europe's creditors to the edge image
Source : Telegraph [Read Article] Sunday 29th of March 2015 05:00:40 AM
.... A primary budget surplus registered over the same period last year, has disappeared. Ratings agency Fitch slashed the country's sovereign bonds citing the "tight liquidity conditions" that have put "extreme pressure on Greek government funding". ...
Northern Powerhouse scheme: Does England really need a second London? image
Source : Independent [Read Article] Tuesday 17th of March 2015 07:04:51 PM
.... Forget the systematic plunder through austerity cuts from the poorest local authorities. Liverpool has lost £329 per head in government funding between 2010-14 and Sheffield has lost £198, as compared with a £27 per head loss in Wokingham or just £15 in Epsom and Ewell. ...
Reimagining the state must start with healthcare - soon image
Source : Telegraph [Read Article] Tuesday 10th of March 2015 05:01:07 PM
.... Mr Balls plays a game of reductio ad absurdum in imagining what this would mean - similar to the “Barnet graph of doom”, which postulates that social spending will soon absorb the London borough’s entire budget. Britain would have to close its foreign embassies, end central government funding of local councils, shut all job centres and so on. ...
Your great education idea might be a loser: first take six months off to think it through image
.... . 2) I nearly gained government funding, but the rules changed and I now have to take on some unemployed youngsters on an apprentice scheme to qualify for the money. ...

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