Sector News
Subsidy control: designing a new approach for the UK
A new UK-wide system for providing more flexible and tailored financial support to businesses has been set out under plans by the Business Secretary on Wednesday 3 February. The consultation on the proposed approach closes at 11:45pm on 31 March 2021...
AMRC to collaborate with The Alan Turing Institute on AI adoption in manufacturing
The AMRC and The Alan Turing Institute have signed an MoU that will draw on their research and development skills across manufacturing, data science, machine learning and AI (Courtesy AMRC) The Alan Turing Institute, British Library, London, UK, and the Advanced...
Kadans adds The Science Quadrant Abingdon, to its Pan-European science park portfolio
Kadans Science Partner has added The Science Quadrant, Abingdon, Oxford to its Pan-European science park portfolio. The asset was acquired from Addington Capital . The Science Quadrant comprises four terraces of office and laboratory buildings totalling 75,316 sq ft....
Rosalind Franklin Institute reaches key construction milestone
Mace, the international consultancy and construction company, has successfully handed over the Rosalind Franklin Institute on the Harwell campus, on behalf of the Science and Technology Facilities Council. The Rosalind Franklin Institute will now commence specialist...
Airbus UK chief appointed head of government’s High Value Manufacturing Catapult
Katherine Bennett, who is currently senior vice president of Airbus’s UK arm, will succeed Dick Elsy when he retires as chief executive of the HVM Catapult later in 2021. The announcement comes just days after the UK formally left the European Union (EU). Airbus said...
CBI response to extra business support during third lockdown
“The Chancellor has once again moved swiftly to support businesses as circumstances change. It is sorely needed. “More direct grants will provide some relief to eligible companies’ cashflow. “Yet with businesses facing a third lockdown, there are other steps that can...
£4.6 billion in new lockdown grants to support businesses and protect jobs
Chancellor announces one-off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring£594 million discretionary fund also made available to support other impacted businessescomes in addition...
UK manufacturing order books hit 10-month high in December
Order books in the UK manufacturing industry improved to their strongest in 10 months in the lead up to Christmas. The latest CBI monthly Industrial Trends Survey also pointed out order books remain weak by historical standards. By comparison, the improvement in...
Science Minister at the Universities UK Research and Innovation Conference
At an online event, Amanda Solloway (10/12/20) spoke about the government’s ambition for research and innovation, and progress on developing the R&D Places Strategy. She said: Thank you for that welcome, and for inviting me to join you all today. Well – what a...
Further investment secured for The Birmingham Health Innovation Campus
A bid to develop a £210m life sciences campus in Birmingham, which could create 10,000 jobs, has received a new boost. The Birmingham Health Innovation Campus (BHIC) project has received up to £14m from the Greater Birmingham and Solihull Local Enterprise Partnership...
UK medicine manufacturing to receive funding boost
Funding of £20m will be provided to improve medicine supply chains in the UK and help to create thousands of new jobs. The money, which is being distributed as part of the Government’s new capital investment fund,...
Axa IM acquires life sciences real estate developer Kadans
The real assets arm of Axa Investment Managers is to enter the European life sciences sector following the acquisition of Kadans Science Partner – a real estate business specialising in the science world. Axa IM has agreed to buy Kadans from Oaktree Capital Partner on...
How groundbreaking testing project has helped flatten covid curve in Norwich
The team behind the UEA Covid testing initiative. From third left, Professor Neil Hall, Earlham Institute; Dr Nick Goodwin, Anglia Innovation Partnership; Dr Kirsty Culley, Anglia Innovation Partnership; and Mark Hitchcock, UEA Health & Social Care Partners; with...
5G to give UK manufacturing £5.2bn economic boost, research says
The UK will benefit from £14.8 billion in additional economic growth from the potential of 5G networks to businesses. This is according to an independent report from research firm Analysys Mason. The study, commissioned by Ericsson and Qualcomm Technologies, provides...
Survey reveals impact of the pandemic on future growth plans, but says more than two thirds of start-ups in Yorkshire remain confident about the next 12 months
A new survey reveals the impact of the pandemic on future growth plans for Yorkshire businesses, but shows that more than two thirds of start-ups in the region remain confident about the next 12 months. Commissioned by Nexus, the innovation hub at the University of...