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Chinese EV battery investment Coventry: Potential £1bn investment from EVE Energy could transform region’s electric vehicle landscape
Six innovative projects unveiled at Space-Comm Expo aim to boost the UK’s space sector, including SSTL’s initiative supported by the Space Clusters Infrastructure Fund.
Trade Secretary Kemi Badenoch initiated talks with Turkey’s Trade Minister Ömer Bolat to craft a new trade deal, leveraging the UK’s prowess in services.
Chancellor Jeremy Hunt has revealed a £365 million funding package, including £92 million for life-saving medicines, £200 million for zero-carbon aircraft tech, and nearly £73 million for automotive projects, aligning with the government’s Advanced Manufacturing Plan to secure long-term economic growth.
Siemens will invest £100 million in a state-of-the-art rail manufacturing facility in Wiltshire, set to replace the Chippenham factory, with over 800 skilled jobs, demonstrating the government’s dedication to advancing technology and boosting the manufacturing sector.
Rupert highlights the Marco Polo Foundation’s 700th-anniversary commemoration, stressing the Silk Road’s historical importance, contemporary relevance across 33 countries, and the foundation’s mission to apply Marco Polo’s legacy for modern cultural connectivity through trade, culminating in a 2024 digital art exhibition aimed at celebrating diversity and unity, especially among young artists.
Government-backed Start Up Loan Scheme has provided over £100 million in support to the upcoming generation of business leaders.
The UK Government backs SMEs with new Help to Grow campaign and small business council.
The United Kingdom has emerged as a significant player in the global Greenfield FDI landscape, with a capital expenditure of £720 billion.
In a strategic move to maintain the United Kingdom’s position as a leading global services exporter, the government has committed £500,000 to support professionals in expanding their international reach.
InvestUK Chairman, Rupert Gather, has been named as a Trustee of the MarcoPolo700 Foundation
The Levelling Up initiative in the UK, designed to address economic imbalances across regions, directs government funding to target areas.