#Investment

February delivers 13.1% growth for UK car production

3 years ago — 0 min read

UK car manufacturing reached double digit growth in February, data from the Society of Motor Manufacturers and Traders (SMMT) has revealed. This comes as domestic sales rose by 24.4%. Mike...

TVR to build new sports car factory in Wales

3 years ago — 0 min read

British sports car maker TVR will build a £30 million new factory in Ebbw Vale, South Wales, with part of the funding coming from the Welsh government. The factory will...

Project to build greener cars wins government funding

3 years ago — 0 min read

A consortium including Jaguar Land Rover and Nissan has received £1.7 million in funding from a government prize, money which will be put towards research into lightweighting technology. This research...

Nottingham Trent researchers receive $4.4m from US Department of Homeland Security to develop new X-ray scanner

3 years ago — 0 min read

The US Department of Homeland Security has provided researchers from Nottingham Trent University with $4.4 million to develop an airport security system which uses scattered X-rays to identify the unique...

Siemens announces $1 billion investment in research and development

3 years ago — 0 min read

Siemens have announced that they intend to hire over 25,000 new employees worldwide per year in the coming years, as part of a $1 billion investment in the company’s research...

Chancellor’s budget contains funding for new rail infrastructure and tax cuts for oil & gas

3 years ago — 0 min read

The 2016 budget, delivered on Wednesday, contains significant tax breaks for the UK’s North Sea oil and gas industry, with George Osborne having halved the supplementary corporation tax paid by...