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.... The firm said it would sell its Horlicks UK brand, shut the Slough factory where the malt drink is made, ditch plans for a new biopharmaceutical factory in Cumbria, and outsource some manufacturing from its Worthing site in West Sussex, with the loss of 320 jobs in Britain. AstraZeneca has moved all its research and development from the Alderley Park laboratories in Macclesfield to Cambridge. ... [Read full article on Guardian ]
Sunday 27th of August 2017 01:31:50 PM
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....Ministers on Thursday announced the launch of a new industry-and-government-backed brand to develop driverless vehicles in the UK. The Meridian hub will coordinate research and development into the technology, paid for by carmakers and £100m in public funding. ... [Read full article on Guardian ]
Thursday 7th of September 2017 06:46:15 AM
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....GSK is in need of fresh ideas, having struggled to develop new blockbuster medicines akin to the asthma and COPD drug Advair, once its biggest money-spinner. Its new chief executive, Emma Walmsley, has tightened the company’s research and development focus and scrapped nearly one in seven clinical drug development programmes to focus on the “real winners”. ... [Read full article on Guardian ]
Monday 28th of August 2017 06:32:47 PM
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....The tie-up is expected to result in about 4,000 job losses, split between the two companies and affecting both administrative and manufacturing roles. Tata and ThyssenKrupp expect to make annual cost savings of between €400m and €600m by combining their sales and administrative functions, research and development, and procurement and logistics. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 07:49:04 AM
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....John McDonnell MP, the shadow chancellor, said: “The commission’s findings drive home the deep problems of the British economy, which have been gravely worsened by seven years of Tory failure that has seen average wages fall and debt rise. “The Tories have given huge tax breaks to the super-rich and giant corporations, but failed to deliver the investment in infrastructure, skills and research and development that are needed to create the secure, high-wage jobs of the future. ... [Read full article on Guardian ]
Tuesday 5th of September 2017 06:26:34 PM
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. Bidders for UK stock market listed companies must lay out more detailed plans for their target, including location of its head office and research and development investment, under proposed rules put forward by the takeover watchdog and backed by the government. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 06:21:29 PM
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.... They’re the norm across most of Europe – including countries with similar single-tier board structures to the UK, such as Sweden. European countries with better worker participation tend to have higher investment in research and development, higher employment rates and lower levels of inequality and poverty. ... [Read full article on Guardian ]
Tuesday 29th of August 2017 02:28:45 PM
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.... It’s a term for the trend by which Wall Street and its way of thinking have come to reign supreme in America, permeating not just the financial industry but all American business. It includes everything from the growth in size and scope of the financial sector itself, which creates only 4% of US jobs but takes about a quarter of corporate profits, to the rise in risky, debt-fueled trading, to the way in which businesses in all industries have come to emulate finance, pouring more money into the buying and selling of existing assets, and less into productive investment in things such as research and development or worker training. ... [Read full article on Guardian ]
Thursday 14th of September 2017 01:57:39 PM
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....The effort to oblige bidders to set out details of how they propose to run a company is also welcome. The panel wants to know about research and development plans, where the headquarters will be, and the make-up of the workforce. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 02:52:10 PM
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Latest Finance News related to Research And Development

B&Q owner Kingfisher won't let its European DIY firms do their own thing | Nils Pratley image
.... Life ought to become modestly easier for both parties if they shelter under a single, but bigger, umbrella. Specifically, the duo can point to €400m-€600m (£353m-£530m) of annual savings from merging sales and administration, sharing research and development and streamlining distribution. ...
Tata Steel to merge European operations with ThyssenKrupp image
Source : Guardian [Read Article] Wednesday 20th of September 2017 07:49:04 AM
....The tie-up is expected to result in about 4,000 job losses, split between the two companies and affecting both administrative and manufacturing roles. Tata and ThyssenKrupp expect to make annual cost savings of between €400m and €600m by combining their sales and administrative functions, research and development, and procurement and logistics. ...
Government backs tighter rules on takeover of UK companies image
Source : Guardian [Read Article] Tuesday 19th of September 2017 06:21:29 PM
. Bidders for UK stock market listed companies must lay out more detailed plans for their target, including location of its head office and research and development investment, under proposed rules put forward by the takeover watchdog and backed by the government. ...
Why were HBOS auditors cleared? We need a full explanation | Nils Pratley image
Source : Guardian [Read Article] Tuesday 19th of September 2017 02:52:10 PM
....The effort to oblige bidders to set out details of how they propose to run a company is also welcome. The panel wants to know about research and development plans, where the headquarters will be, and the make-up of the workforce. ...
The financial system is still blinking red. We need reform more than ever | Rana Foroohar image
.... It’s a term for the trend by which Wall Street and its way of thinking have come to reign supreme in America, permeating not just the financial industry but all American business. It includes everything from the growth in size and scope of the financial sector itself, which creates only 4% of US jobs but takes about a quarter of corporate profits, to the rise in risky, debt-fueled trading, to the way in which businesses in all industries have come to emulate finance, pouring more money into the buying and selling of existing assets, and less into productive investment in things such as research and development or worker training. ...
Jaguar Land Rover to make only electric or hybrid cars from 2020 image
Source : Guardian [Read Article] Thursday 7th of September 2017 06:46:15 AM
....Ministers on Thursday announced the launch of a new industry-and-government-backed brand to develop driverless vehicles in the UK. The Meridian hub will coordinate research and development into the technology, paid for by carmakers and £100m in public funding. ...
UK’s economic model is broken, says Archbishop of Canterbury image
Source : Guardian [Read Article] Tuesday 5th of September 2017 06:26:34 PM
....John McDonnell MP, the shadow chancellor, said: “The commission’s findings drive home the deep problems of the British economy, which have been gravely worsened by seven years of Tory failure that has seen average wages fall and debt rise. “The Tories have given huge tax breaks to the super-rich and giant corporations, but failed to deliver the investment in infrastructure, skills and research and development that are needed to create the secure, high-wage jobs of the future. ...
Should companies be forced to put workers on boards? | Frances O’Grady and Sam Bowman image
.... They’re the norm across most of Europe – including countries with similar single-tier board structures to the UK, such as Sweden. European countries with better worker participation tend to have higher investment in research and development, higher employment rates and lower levels of inequality and poverty. ...
Electroceuticals: the 'bonkers' gamble that could pay off for GlaxoSmithKline image
....GSK is in need of fresh ideas, having struggled to develop new blockbuster medicines akin to the asthma and COPD drug Advair, once its biggest money-spinner. Its new chief executive, Emma Walmsley, has tightened the company’s research and development focus and scrapped nearly one in seven clinical drug development programmes to focus on the “real winners”. ...
​AstraZeneca to make multimillion-pound investment in UK site image
Source : Guardian [Read Article] Sunday 27th of August 2017 01:31:50 PM
.... The firm said it would sell its Horlicks UK brand, shut the Slough factory where the malt drink is made, ditch plans for a new biopharmaceutical factory in Cumbria, and outsource some manufacturing from its Worthing site in West Sussex, with the loss of 320 jobs in Britain. AstraZeneca has moved all its research and development from the Alderley Park laboratories in Macclesfield to Cambridge. ...
There are now more than 1,000 tax relief schemes. Give us a break image
Source : Guardian [Read Article] Sunday 20th of August 2017 06:00:35 AM
....It concluded – despite vehement denials from the Treasury – that “HMRC and HM Treasury often show a worrying lack of curiosity about the cost of tax reliefs”. For instance, the costs of research and development tax relief increased from around £100m in 2001 to more than £1bn in 2011-12, “while the actual amount of business expenditure on R&D has stayed more or less the same”, the PAC said. ...
Mazda boosts petrol engine efficiency in fresh blow to diesel image
Source : Guardian [Read Article] Tuesday 8th of August 2017 06:06:32 PM
....5m cars a year – said it will work with larger rival Toyota to develop electric vehicles. “We think it is an imperative and fundamental job for us to pursue the ideal internal combustion engine,” said Mazda’s head of research and development, Kiyoshi Fujiwara. ...
Sky chief gets £11.5m share payout as it reports profits slide image
Source : Guardian [Read Article] Thursday 27th of July 2017 08:50:21 AM
....The company said the staff will be tasked with driving the development of its streaming services, which are set to expand with a new service in Spain and a broadband-delivered TV service for those who cannot, or will not, have a satellite dish. Earlier this week Amazon, which runs the Prime TV service, announced it is doubling the number of research and development staff it employs in London. ...
Carmakers say fossil-fuel vehicle ban will dent industry and stall sales image
Source : Guardian [Read Article] Wednesday 26th of July 2017 03:15:14 PM
.... The head of its driverless car unit, Jim Hackett, was handed the top job. The switch to electric cars will require a significant investment by carmakers, experts said, as the companies re-skill their workforces, invest in research and development and retool their manufacturing facilities. ...
Boots ends 130 years of manufacturing as it sells off factories image
Source : Guardian [Read Article] Wednesday 26th of July 2017 12:24:08 PM
.... It has one UK factory in Pontyclun, Wales, called Fillcare, which makes toiletries and beauty products. Globally, Fareva produces and packs pharmaceutical, beauty, industrial and household products backed by 12 research and development centres. ...
Amazon to double number of R&D staff in London image
Source : Guardian [Read Article] Tuesday 25th of July 2017 11:34:21 AM
. Amazon is to double the number of research and development staff it employs in London. ...
Business secretary to announce investment in battery technology image
Source : Guardian [Read Article] Sunday 23rd of July 2017 11:01:20 PM
....Richard Parry-Jones, formerly of the UK Automotive Council, will chair a board overseeing the investment. Clark will also confirm another £25m to be allocated to research and development of connected autonomous vehicles, this time on schemes for off-road, driverless vehicles destined for construction, farming and mining. ...
Post-Brexit London is open for business (no matter how grubby) image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:21:05 PM
....At this stage, all that can reasonably be said is that Soriot’s departure would be extraordinary. At AstraZenca, he’s running one of the world’s finest pharmaceutical companies with a multibillion-pound budget to pursue pioneering research and development. ...
Is a car maker about to save the planet? | Zoe Williams image
Source : Guardian [Read Article] Monday 10th of July 2017 05:00:05 AM
.... However, there aren’t enough superchargers, in Europe or the US, and, maddeningly, a lot of the slower chargers – which take four to six hours – still call themselves “high speed” because that’s what they were when they were installed. Volvo will shunt progress forward worldwide on genuinely high-speed charging points, as well as battery production and research and development into battery storage. ...
World's first floating windfarm to take shape off coast of Scotland image
Source : Guardian [Read Article] Tuesday 27th of June 2017 01:55:26 PM
. The world’s first floating windfarm has taken to the seas in a sign that a technology once confined to research and development drawing boards is finally ready to unlock expanses of ocean for generating renewable power. ...
Reborn British Steel gives shares to workers after return to profit image
Source : Guardian [Read Article] Thursday 1st of June 2017 12:30:06 PM
....“On a local and national level the government’s failure to support the steel industry and its lack of an effective industrial strategy is absolutely reprehensible. The government should be investing in British Steel’s future by providing relief on business rates, while also providing financial incentives to encourage research and development. ...
Jaguar Land Rover posts record sales thanks to demand in China and US image
....4 bn, which included £1bn on the construction of its new manufacturing plant in Nitra, Slovakia, and expansion at its UK sites. The company said despite the “volatile economic environment”, it planned to spend more than £4bn in this financial year on new products, technology, factory expansion and research and development. ...
May's manifesto is birth of third way Conservatism image
Source : Guardian [Read Article] Thursday 18th of May 2017 01:15:48 PM
.... Taxes tend to go up in the first budget after an election. From the moment she arrived in Downing Street last summer, May signalled that she favoured a more hands-on industrial strategy, and the manifesto fleshes out some of the new thinking: a commitment to raise research and development spending to the 2. ...
The Guardian view on the economy: it’s bad | Editorial image
Source : Guardian [Read Article] Wednesday 17th of May 2017 06:48:00 PM
.... That goes a long way to explaining why earnings growth has been so weak. It will also require action to tackle the long-term structural weaknesses of the economy: the lack of capital investment, the low level of research and development, the lack of attention to skills, and the paucity of long-term, patient finance. ...
The left must take a lesson from the right and come together to win | Will Hutton image
....Some ideas would have survived. A huge boost to research and development while creating an ecosystem of smart financial and export support for fast-growing smaller companies makes sense. ...
Apple can’t just make iPhones for ever. What’s next? image
Source : Guardian [Read Article] Sunday 7th of May 2017 06:00:25 AM
....It is also worth remembering that Apple saw sales of the iPhone decline in 2016; last October, the company revealed its first fall in annual sales and profits in 15 years. It would be foolhardy to call this the peak for Apple, because you can never be sure what mystery products are lurking in its research and development buildings. ...
Brexit and energy: does ‘taking back control’ mean losing power? image
Source : Guardian [Read Article] Saturday 6th of May 2017 02:59:06 PM
....”. Britain quitting the treaty has also raised doubts over the future of its involvement in research and development on nuclear fusion, a cleaner form of atomic power. ...
Drone home: Amazon to triple R&D staff at Cambridge base image
Source : Guardian [Read Article] Thursday 4th of May 2017 04:06:16 PM
. Amazon is to more than triple its research and development team in Cambridge working on tech innovations such as its Alexa digital assistant, delivery drones and Echo smart speaker. ...
Volkswagen Group profits soar after cost cuts image
Source : BBC [Read Article] Wednesday 3rd of May 2017 10:41:07 AM
....Volkswagen brand operating profits rose to 869m euros from 73m euros the year before, although accounting changes meant sales revenues declined 24% to 19bn euros. Investors have said a turnaround at VW's namesake brand, which has had high fixed and research and development costs, is key to turning it into a more appealing business, although VW last year overtook Toyota as the world's biggest selling carmaker. ...
Alarm sounded over delays to develop UK mini nuclear reactors image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 10:58:50 AM
....The government’s failure to deliver on a multimillion-pound competition to develop mini atomic power stations has hurt the nuclear sector and risks international companies walking away from the UK, a Lords committee has warned. In 2015 the then chancellor George Osborne promised £250m over five years for a nuclear research and development programme, an undisclosed sum of which was for a competition to pave the way for small modular reactors. ...
Britain's energy supply is in jeopardy after Brexit, warn MPs image
Source : Guardian [Read Article] Monday 1st of May 2017 11:01:11 PM
....Wright said: “The prime minister has made it politically unfeasible to remain in Euratom long term. The government now has a responsibility to end the uncertainty hanging over the industry and ensure robust and stable arrangements to protect trade, boost research and development, and ensure safeguarding of the highest level. ...
Trump signs order to assess whether steel imports threaten national security image
....“Repeated efforts by the United States to encourage other countries to reduce and address the underlying causes of excess capacity in the steel market have had little meaningful effect,” he said. Ross said that left unhindered the present situation could undermine the ability of American steel producers to continue investment, research and development, and reduce or eliminate the jobs needed to “maintain a pool of skilled workers essential for the continued development of advanced steel manufacturing”. ...
Inflation is only going one way. Let's hope interest rates don't follow | Larry Elliott image
.... Output per worker in the UK is around 15% lower than it would have been had the pre-crisis trend continued, and nobody really knows why. Maarten de Ridder, an economist at Cambridge University, thinks he has at least part of the solution to the productivity puzzle: companies that wanted to invest in research and development struggled to obtain funds from the stricken banks, resulting in a 32% fall in R&D investment in 2008-09, the years when the economy was in recession. ...
German Mittelstand wants 'soft Brexit' image
Source : BBC [Read Article] Friday 7th of April 2017 05:19:03 AM
....But Mr Ohoven emphasised that the close economic ties between the UK and the German Mittelstand - which makes up the bulk of the country's economy - meant a Brexit deal without single market access would be damaging to both countries. "Germany exported goods worth 89bn euros to the UK alone in 2015, almost half of it was exported by 150,000 German SMEs," he said, adding that many more companies traded indirectly with the British market, as well as relying on UK research and development. ...
Global productivity slowdown risks creating instability, warns IMF image
Source : Guardian [Read Article] Monday 3rd of April 2017 05:56:41 PM
. The head of the International Monetary Fund has issued a stark warning that living standards will fall around the world unless governments take urgent action to increase productivity by investing in education, cutting red tape and incentivising research and development. ...
US tech firm Xilinx to invest in Edinburgh research base image
Source : BBC [Read Article] Sunday 2nd of April 2017 11:09:56 AM
....Nicola Sturgeon said the move by Xilinx Inc would create 12 new jobs and protect 30 existing roles. The venture is being supported by a £1m research and development grant through Scottish Enterprise. ...
Dow and Dupont merger gets EU go-ahead image
Source : BBC [Read Article] Monday 27th of March 2017 12:10:59 PM
...."Longer term, the intended three-way split is expected to unlock even greater value for shareholders and customers and more opportunity for employees as each company will be a leader in attractive segments where global challenges are driving demand for their distinctive offerings," it added. To get the go-ahead from the Commission, DuPont agreed to sell off parts of its global pesticide business, including its global research and development organisation. ...
Aircraft orders increase tenfold in a year in boost for UK manufacturing image
....The industry delivered 100 aircraft to customers over the month, with a value of up to £2bn to the UK economy. This value is from research and development and the manufacturing that take place in the country. ...
Cadbury says chocolate could get smaller after Brexit image
Source : Guardian [Read Article] Friday 24th of March 2017 01:56:19 PM
....”. As well as being a factory, Bournville is also Mondelēz’s global centre for chocolate research and development, with the team growing from 25 to 250 over the last five years. ...
Why Apple's red iPhones are not 'Red' in China image
Source : BBC [Read Article] Friday 24th of March 2017 06:45:31 AM
....The tech behemoth is clearly trying to maintain relations with its fastest-growing sales region. Apple chief executive Tim Cook has been making semi-regular trips to China and is opening four research and development centres later this year. ...
Do not let Brexit ruin car industry, urges chair of London Taxi Company image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:51:15 AM
....1m grant through the regional growth fund for LTC’s new factory. Clark said the facility, which will also house research and development, demonstrated that the UK was a “world leader in the development of new automotive technologies”. ...
London Taxi Company's new Ansty Park plant opens in Coventry image
Source : BBC [Read Article] Wednesday 22nd of March 2017 07:04:13 AM
.... That was on a much smaller scale, though. It is also one of the biggest single Chinese investments in the region and it shows that the West Midlands continues to lead the way when it comes to both automotive research and development and production. ...
AkzoNobel wins Dutch political support against possible bid image
Source : BBC [Read Article] Tuesday 21st of March 2017 12:01:56 AM
.... . In a joint statement published on Monday, the four provinces of Gelderland, Overijssel, Groningen and Zuid Holland - where Akzo has its biggest research and development facilities as well as several factories - said they expected a new proposal from PPG and that they would oppose it. ...
Brexit-proof the UK economy with more R&D, say employers image
Source : Guardian [Read Article] Monday 20th of March 2017 07:01:30 AM
. Britain must Brexit-proof its economy by ramping up spending on research and development or risk being left behind in the global race to deliver game-changing innovations in areas such as space tourism and robotics, the country’s leading business group has said. ...
Toyota invests £240m in Derbyshire plant – but warns over Brexit tariffs image
....The government backing is subject to an independent assessment and due diligence. It is designed to support training and research and development. ...
Vote of confidence image
Source : BBC [Read Article] Thursday 16th of March 2017 10:17:03 AM
....Those assurances came in a letter to the firm from the Business Secretary, Greg Clark, which has never been published. Mr Clark has said that the letter contained a number of commitments around making funds available for skills or training, supporting research and development (R&D), bringing more of the supply chain back to the UK and keeping the British car industry competitive. ...
Toyota to invest £240m in UK plant at Burnaston image
Source : BBC [Read Article] Thursday 16th of March 2017 09:39:48 AM
....The government is providing £21. 3m in funding for training, research and development, and improving the Burnaston plant's environmental performance. ...
Secrets to business survival: 'always look at new ways to innovate' image
Source : Guardian [Read Article] Wednesday 15th of March 2017 07:00:23 AM
.... The financial crash of 2007-08 led the company to cut its headcount from 300 to 150, for example. But it is now investing heavily in research and development, spending in excess of £2m last year. ...
Driverless cars 'could lead to complacency' image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:00:42 AM
....The Department for Transport said: "Automated vehicles could make our roads even safer and easier to use, as well as promising new mobility for those who cannot drive. "We have committed over £200m to research and development and are also changing regulations to unblock barriers to this exciting new technology. ...
UK government should help companies targeted by foreign bids, says Unilever image
....”. Unilever employs 7,500 people in the UK, including at its London headquarters and its research and development hub in Port Sunlight, Merseyside. ...
'Lots of nurses have already left': EU workers head for exit image
Source : Guardian [Read Article] Tuesday 14th of March 2017 12:26:28 PM
.... In addition, many of our students come to the university to study from abroad. The European Union’s framework funding programmes including Horizon 2020 have been key to ensuring that the UK punches well above its weight in research and development. ...
Budget: UK Plc gives its verdict image
Source : BBC [Read Article] Wednesday 8th of March 2017 04:07:53 PM
...."The 'nothing to see here' approach adopted by the chancellor will only fly for so long. "Business leaders will applaud the long-term focus on improving technical skills and investment in research and development, but the business community will have hoped for much more support in the immediate term, especially amid such economic and political uncertainty. ...
Patagonia and The North Face: saving the world – one puffer jacket at a time image
....”. When Neil Blumenthal, co-founder of the fashionable eyewear startup Warby Parker, came to visit, he was impressed by how much work went into research and development – he mentioned the way Patagonia tests its raincoats with waters of various alkalinity to mimic rain in different parts of the world. ...
Theresa May must give Vauxhall assurances over Brexit, says Labour image
Source : Guardian [Read Article] Monday 6th of March 2017 08:03:56 PM
....“In terms of specific assurances – none sought, none given,” he said. “We have a stated position that we will ensure the competitiveness of this country when it comes to the supply chain, research and development and trade. ...
Vauxhall deal prompts cautious optimism from UK government image
Source : BBC [Read Article] Monday 6th of March 2017 03:37:53 PM
....The chancellor will have extra motivation to be supportive of the car industry when he delivers Wednesday's Budget. He is expected to announce investment in skills, research and development around electric car technology in which PSA has so far lagged behind its rivals. ...
Peugeot-Citroën chief vows to save jobs in Vauxhall/Opel takeover image
Source : Guardian [Read Article] Monday 6th of March 2017 12:35:46 PM
....GM and PSA said the deal would create annual savings of €1. 7bn in purchasing, manufacturing, and research and development by 2026, with most savings likely to be achieved by 2020 from purchasing. ...
Vauxhall-Opel sold by GM to Peugeot-Citroen image
Source : BBC [Read Article] Monday 6th of March 2017 07:31:41 AM
....The chancellor will have extra motivation to be supportive of the car industry when he delivers Wednesday's Budget. He is expected to announce investment in skills, research and development around electric car technology in which PSA has so far lagged behind its rivals. ...
Dyson buys Hullavington airfield for new tech centre image
Source : BBC [Read Article] Tuesday 28th of February 2017 08:29:07 PM
. Wiltshire firm Dyson has bought Hullavington airfield to turn it into a multi-million pound research and development centre. ...
Dyson to open new UK tech campus image
Source : BBC [Read Article] Tuesday 28th of February 2017 08:28:17 PM
. A new multimillion-pound research and development centre is being opened in Wiltshire by Sir James Dyson. ...
Business rates rise is biggest issue for small firms in London image
Source : Guardian [Read Article] Friday 17th of February 2017 12:01:17 AM
....“The system also needs to take account of fairness when some high-street shops will be hit by hikes of over 400% on current rates, while online retailers will see rates cut in many instances. “For many of the productivity-boosting[small to medium enterprises] up and down the country, increases will eat into disposable income which could better be spent on investment, recruitment or research and development. ...
Unite leader warns GM his union will not accept any Vauxhall job losses image
Source : Guardian [Read Article] Wednesday 15th of February 2017 02:13:22 PM
.... “From our perspective, Opel is an innovative company with a long history in Germany. There are important sites here, in production as well as in research and development, whose future matters to us,” said a spokesman for the chancellor, Angela Merkel. ...
Does UK’s lucrative arms trade come at the cost of political repression? image
Source : Guardian [Read Article] Sunday 12th of February 2017 06:00:37 AM
....Third, they are a success story. “We employ 150,000 highly skilled people across the country, thousands more are engaged through the extended supply chain, and we invest huge sums in research and development,” Everitt said. ...
Voting for Brexit hasn’t saved us from secretive trade deals image
Source : Guardian [Read Article] Saturday 4th of February 2017 04:00:33 PM
.... While running Exxon, Tillerson launched investment disputes against a number of countries with which the US has treaties, including Venezuela and Argentina. Reports in the Canadian press show he brought a case against the country under Nafta that secured $17m in compensation for having to pay into a provincial research and development fund where Exxon drills for offshore oil. ...
EU main export market for most UK cities, says thinktank image
Source : Guardian [Read Article] Monday 30th of January 2017 07:01:46 AM
....In the one exception, Hull, almost a third of exports are to the EU, while 46% go to the US thanks to the city’s strong overseas sales of pharmaceutical and medical goods. Nurofen maker Reckitt Benckiser has a research and development centre in Hull. ...
Theresa May's post-Brexit industrial strategy ducks tough decisions | Nils Pratley image
.... Overall, though, one is left with a sense that the green paper amounts to a long list of good intentions without a clear sense of which should be preferred in a world of finite financial resources. Are we going down the American route (led by procurement and universities) or the German (with its emphasis on research and development) or the French (build some grands projets)? There were elements of all three. ...
The Guardian view on industrial strategy: hot air but no liftoff | Editorial image
.... It is one of the ways in which this team hopes to distinguish its conservatism from the more libertarian Toryism that views any government intervention with suspicion. The approach involves greater willingness to use public money for investment in infrastructure, research and development alongside a commitment to regional development through devolution of powers to city authorities. ...
MPs question post-Brexit viability of May's industrial strategy image
Source : Guardian [Read Article] Monday 23rd of January 2017 03:45:43 PM
....Sectors will be expected to organise themselves to lobby for government support or law changes. An “industrial strategy challenge fund” will help distribute millions of pounds for research and development in areas such as smart energy and robotics. ...
If Brexit Britain is to survive, Theresa May must get industry right | Matthew d’Ancona image
....All of this – if it is to mean anything – means a radical enhancement of technical education. In the past, industrial policy has tended to favour research and development in universities, and higher education generally. ...
Theresa May’s industrial plan signals shift to more state intervention image
Source : Guardian [Read Article] Monday 23rd of January 2017 12:28:07 AM
....“The modern industrial strategy … will be underpinned by a new approach to government, not just stepping back but stepping up to a new, active role that backs business and ensures more people in all corners of the country share in the benefits of its success,” May said. An “industrial strategy challenge fund” will help distribute millions of pounds for research and development in areas such as smart energy, robotics and artificial intelligence, and 5G mobile network technology. ...
Hurrah for the industrial strategy. At last Britain has a plan image
Source : Guardian [Read Article] Sunday 22nd of January 2017 06:59:23 AM
.... By outlining Britain’s approach to Brexit negotiations, May gave the industrial strategy a platform to build on. The contents of the strategy are likely to focus on what sectors the government believes have potential, how they will be supported, and how it intends to develop skills, infrastructure and research and development. ...
Skills and infrastructure top priority in industrial strategy, say UK firms image
Source : Guardian [Read Article] Saturday 21st of January 2017 08:00:30 AM
....Theresa May, the prime minister, and Greg Clark, the business, energy and industrial strategy secretary, are expected to unveil an industrial strategy for the UK next week. They will set out the government’s approach to key industries and issues such as infrastructure, skills, regulation and research and development. ...

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