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Latest news and speeches


New investment to boost regional development

23 February 2010

The Government has announced a £64.4m package of new investment across the English regions.

The funding was announced today by Business Secretary Lord Mandelson and Minister for Regional Economic Development Rosie Winterton

£200 million boost for Future Technology Sectors

22 February 2010

The Prime Minister announced today that £200m from the UK Innovation Investment Fund (UKIIF) will be used to benefit life sciences, digital and advanced manufacturing businesses.

Government crackdown on cyber scams

15 February 2010

A new specialist cyber enforcement team and extra funding for Trading Standards has been announced.

Low carbon boost for Midlands and Wales

11 February 2010

The Midlands and South Wales are to become leaders in low carbon technologies after the Government announced new funding to create the UK’s latest Low Carbon Economic Areas (LCEAs).

Launch of Apprenticeship Week 2010

1 February 2010

The government today launched National Apprenticeship Week, celebrating the commitment of employers to recruit apprentices and urging people to look at the benefits to their skills and career of becoming an apprentice.

Life Sciences Super Cluster announced

26 January 2010

Today the Government announced plans for a new UK Life Sciences Super Cluster, supported by £1 million of Government investment. Bringing together industry, academia and the NHS, it will help deliver the next generation of medicines and technologies needed to support people suffering from chronic diseases.

In the Loop: Sharing the Benefits of the Digital Revolution

11 January 2010

In this speech, Peter Mandelson discusses the digital revolution taking place in global education. He argues that as digital literacy becomes one of the core competencies of modern life, it has the potential to become a barrier to the jobs of the future for those who do not achieve it and that Governments must equip their people to succeed through this revolution. He also reiterates the British Government’s commitment to build strong global links through across our education system.

Consultation on proposals for a Next Generation Fund

7 January 2010

The consultation is aimed at seeking feedback on a number of specific questions regarding the proposed Next Generation Fund, including the approach to the procurement processes and the technology solutions that will be eligible.

Strategy has strong economic growth in its sights 

7 January 2010

A new strategy to boost strong, sustainable, long-term economic growth in the UK has been announced today by Lord Mandelson.

Next Generation Fund launched: £1 billion investment in super-fast broadband

7 January 2010

Rural communities and hard to reach areas who do not have access to next generation broadband will benefit from a share of £1 billion of Government investment said Business Secretary, Lord Mandelson today.

Going for Growth

6 January 2010

In this speech Peter Mandelson defines the core challenges in building sustainable growth in the British economy in the years ahead.

Record numbers complete apprenticeships

17 December 2009

A record 143,400 people completed their apprenticeship in the 2008/09 academic year, according to data on vocational qualifications released today.

Invigorating Local Economies

9 December 2009

Rosie Winterton discusses BIS’s new publication, Partnerships for Growth: a National Framework for Regional and Local Economic Development. She sets out how Britain’s economic recovery will be secured, by harnessing the power of every tier of Government.

£22m Composites Strategy announced

25 November 2009

Business Secretary Lord Mandelson today announced new investment totalling £22 million to further advance the development of ‘composite’ materials.

A world class digital Britain

20 November 2009

A Digital Economy Bill introduced today by Secretary of State for Business Peter Mandelson sets out Government plans to ensure the UK is at the leading edge of the global digital economy.

Milton Park Innovation Centre opening

19 November 2009

"This is an opportune moment for science-based businesses. We have the IP. We have the management. We will have the capital."

British innovation shines at iawards

17 November 2009

Technology start-up Horizon Discovery Ltd has topped the honours list at the first annual iawards for its hi-tech, 'X-MAN Model Cancer Patient'; a product that identifies patients most likely to respond to particular cancer treatments.

Reshaping the UK economy

16 November 2009

Pat McFadden discusses Government’s role in the shift from high to low carbon economy. He says there are four key areas where Government will make an impact: industrial capability; skills; capital; and finally in assisting a just transition. Finally, he announces the decision to go ahead with the establishment of Forum for a Just Transition. Its purpose will be to make sure the UK makes the most of the opportunities presented by the shift to low carbon and that the change is carried through in a fair way.

New Automotive Council announced

12 November 2009

Business Secretary Lord Mandelson announced today that the Government is setting up a new Automotive Council to address the long term strategic challenges facing the UK car industry.