Chancellor’s budget contains funding for new rail infrastructure and tax cuts for oil & gas
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...
Government announces plans to fast-track local fracking bids
Local councils will now be given a period of 16 weeks to decide whether fracking can go ahead in their area. The Government believes fracking will give a huge boost...
G7 leaders pledge to end fossil-fuel use
A 17 page document titled ‘Think Ahead, Act Together’, was revealed at the G7 summit today in Bavaria, which aims to phase out fossil-fuel use by 2100. The document included...
Airbus warns against UK exit from EU
President of Airbus UK, Paul Kahn, is the latest industry head to give his views on the impending EU referendum and has urged the industry “to speak out and to...
Boss of JCB favours UK exit from the EU
The boss of construction giant JCB, Lord Bamford, has claimed that the UK can exist “peacefully and sensibly on its own” and that it could “negotiate as our own country,...
Poll reveals engineers manifesto thoughts
According to a poll by Matchtech, engineers are dissatisfied with the lack of political attention on growth within the engineering and manufacturing industries. Themes that emerged in the poll were...