Public Sector News

Welcome to the News section of the portal. This section of the portal has been designed to provide you with details of the latest information and happenings in public sector procurement.

Lloyds aid for SMEs ahead of Olympics

Sector: Central Government
Date Created: Tue 9th Feb 2010, 10:16:47
Source: Herald Scotland
Link: http://www.heraldscotland.com

Lloyds Banking Group has earmarked £1 billion loan funding to help firms exploit business opportunities connected with the 2012 Olympic and Paralympic Games, which could help small firms break into the lucrative market.

[full story]

£700 million lending boost for UK businesses

Sector: Central Government
Date Created: Tue 2nd Feb 2010, 13:38:18
Source: HM Treasury
Link: http://hm-treasury.gov.uk

Over £700 million of affordable and easy to access funding from the European Investment Bank (EIB) has been approved for nearly 3,000 small businesses across the UK, through participating national banks.

[full story]

Finance for Business North East Fund Goes Live Investing £125 million Into Regional Economy

Sector:Central Government
Date Created:Mon 25th Jan 2010, 11:41:16
Source: Department for Business, Innovation and Skills
Link: http://www.bis.gov.uk/

A new £125m ‘super fund’ was officially launched aimed at supporting hundreds of businesses which will help lead the North East’s economic recovery.

[full story]

More than 5,000 ways for region's companies to strike Olympic Gold

Sector:Government
Date Created:Wed 20th Jan 2010, 15:14:09
Source: Yorkshire Forward
Link: http://www.yorkshire-forward.com

CompeteFor, the online ‘business dating’ website, is celebrating its second birthday with the 5,000th business opportunity advertised on the service since its launch in January 2008.

[full story]

Government sets out strategy to get Britain Going for Growth

Sector:Government
Date Created:Thu 7th Jan 2010, 15:52:03
Source:Department for Business, Innovation and Skills
Link: http://www.bis.gov.uk/

Britain needs a strategic approach to building the foundations of low carbon industrial competitiveness to boost the UK’s public finances through sustainable growth, Business Secretary Lord Mandelson said today, publishing the Government’s UK growth strategy.

[full story]

UK targets renewable energy market

Sector:Local Government
Date Created:Wed 6th Jan 2010, 16:14:54
Source:UK Trade & Investment
Link: http://www.ukinvest.gov.uk/

The North East is set to become a hub for the development of low-carbon technology in the UK with the launch of another pioneering project.

[full story]

Government Proposal to Help Fund Business Growth

Sector:Central Government
Date Created:Mon 23rd Nov 2009, 14:19:21
Source:Department for Business, Innovation and Skills
Link: http://www.englandsnorthwest.com

Business rates are set to drop for 60 per cent of businesses in the north-west following a revaluation, the government has announced.

[full story]

Majority of northwest business rates to fall, says government

Sector:Tracker
Date Created:Tue 24th Nov 2009, 10:31:17
Source:Englands North West
Link: http://www.englandsnorthwest.com

Business rates are set to drop for 60 per cent of businesses in the north-west following a revaluation, the government has announced.

[full story]

Government confirms majority of business rate bills will fall in the West Midlands

Sector:Local Government
Date Created:Wed 18th Nov 2009, 11:56:24
Source:Communities and Local Government
Link: http://www.communities.gov.uk

The majority of business rate bills in the West Midlands – more than one hundred thousand – will fall next year as a result of revaluation, the Government confirmed today.

[full story]

£1 Million boost to help young people turn their enterprise ideas into businesses

Sector: Central Government
Date Created: Tue 3rd Nov 2009, 09:49:09
Source: Department for Business Innovation and Skills
Link: http://www.bis.gov.uk/

Young people with enterprising ambitions were given a £1 million boost to help turn their ideas into businesses.

[full story]

Minister announces £2.7million innovation boost for local small businesses

Sector: Central Government
Date Created: Tue 27th Oct 2009
Source: Northern Ireland Executive
Link: http://www.northernireland.gov.uk/

Enterprise Minister Arlene Foster has launched Invest Northern Ireland’s new £2.7million Innovation Vouchers Programme, which will help small businesses use innovation to grow and succeed.

[full story]

Small Businesses To Benefit From Graduate Talent

Sector: Central Government
Date Created: Tue 27th Oct 2009
Source: Department for Business, Innovation and Skills (National)
Link: http://www.bis.gov.uk/

The Government has joined forces with the Federation of Small Businesses (FSB) to offer up to 10,000 graduates a boost to their future employability, through internships in small and micro businesses announced the Prime Minister Gordon Brown.

[full story]

£10million help with rates for small businesses and households a step closer

Sector: Central Government
Date Created: Thu 24th Sep 2009, 11:05
Source: Northern Ireland Executive
Link: http://www.northernireland.gov.uk

Finance Minister, Sammy Wilson welcomed Assembly support for the Rates (Amendment) Bill, which targets assistance to small businesses and households.

[full story]

New support for small firms in East Wales

Sector: Central Government
Date Created: Fri 4th Sep 2009, 15:44:27
Source: Welsh Assembly Government
Link: http://new.wales.gov.uk

The Single Investment Fund normally supports larger investment projects by Welsh firms with grants which must be greater than a minimum of £5,000.

[full story]

UK secures long-term European backing for key small business tax break

Sector:Central Government
Date Created:Thu 20th Aug 2009, 12:33:13
Source:HM Treasury
Link: http://www.hm-treasury.gov.uk

The Government has secured the long-term future of a tax break designed to help small, high-growth companies to recruit and retain highly skilled employees by gaining State Aid approval from the European Commission.

[full story]

Scottish Government - Business access to finance

Sector:Central Government
Date Created:Thu 23rd Jul 2009, 14:13:22
Source:Scottish Governement
Link: http://www.scotland.gov.uk/

Mr Swinney urged the banks to do more to extend financial support through responsible lending to viable companies after the Scottish Government today published new figures on finance available from banks for Scottish firms.

[full story]

Help for businesses in North West Wales

Sector:Central Government
Date Created:Tue 14th Jul 2009, 14:13:22
Source:Denbighshire County Council
Link: http://www.denbighshire.gov.uk/

The North West Wales Local Investment Fund (LIF) is a new grant scheme for new and existing businesses seeking to make a capital investment in their company.

[full story]

Government aims for £1 billion venture capital fund to the businesses of the future

Sector:Central Government
Date Created:Mon 29th Jun 2009, 15:35:18
Source:Department for Business, Innovation and Skills
Link: http://www.bis.gov.uk/

The Prime Minister has announced the creation of the UK Innovation Investment Fund to invest in technology-based businesses with high growth potential. The new fund will focus on investing in growing small businesses, start-ups and spin-outs, in digital and life sciences, clean technology and advanced manufacturing.

[full story]

Prompt payment for businesses

Sector:Central Government
Date Created::29th Jun 2009, 15:35:18
Source:Department for Business, Innovation and Skills
Link: www.hmg.gov.uk/buildingbritainsfuture

The Prime Minister has announced the creation of the UK Innovation Investment Fund to invest in technology-based businesses with high growth potential. The new fund will focus on investing in growing small businesses, start-ups and spin-outs, in digital and life sciences, clean technology and advanced manufacturing.

[full story]

Prompt payment for businesses

Sector:Central Government
Date Created::Fri 19th Jun 2009, 14:22:35
Source:Scottish Government
Link: www.scotland.gov.uk

A new clause is to be used in Scottish Government contracts to require payment within 30 days to all businesses in the supply chain, particularly small businesses.

[full story]

Foster encourages local businesses to innovate for success

Sector:Central Government
Date Created::Wed 17th Jun 2009, 13:13:16
Source:Northern Ireland Executive
Link: www.northernireland.gov.uk/

Small-to-medium sized enterprises (SMEs) in Northern Ireland can gain a commercial advantage and help overcome the recession by investing in innovation and research.

[full story]

Towards a New Welsh Economy

Sector:Central Government
Date Created::10th Jun 2009, 10:57:47
Source:Welsh Assembly Government
Link: new.wales.gov.uk

Deputy First Minister outlines priorities for a stronger, more sustainable future. Keeping viable businesses trading; providing extra support for small companies; investing in innovation, research and commercialisation; helping businesses to become more competitive; tackling inactivity through regeneration, and investing in a progressive agenda for transport.

[full story]

Mayor of London announces £3 million loan fund for small businesses

Sector:Central Government
Date Created::Fri 12th Jun 2009, 11:35:19
Source:24 Dash
Link: www.24dash.com

The Mayor of London announced a £3 million loan fund to support small businesses in the capital.

[full story]

Foster opens new £1million business facility in Lisburn

Sector:Central Government
Date Created::Fri 12th Jun 2009, 11:52:35
Source:Northern Ireland Executive
Link: www.northernireland.gov.uk

Enterprise Minister Arlene Foster has officially opened a new £1million building in Lisburn to help the establishment and growth of small businesses.

[full story]

Wanted: Busnesses to give evidence on access to finance

Sector:Central Government
Date Created::Tue 16th Jun 2009, 11:00:58
Source:Department for Business, Innovation and Skills
Link: www.berr.gov.uk

Small and medium sized businesses, banks, industry representatives, regional agencies, venture capital experts and academics were invited to give evidence to the Rowlands Growth Capital Review.

[full story]

New review looks ahead to small business recovery

Sector:Central Government
Date Created::Wed 3rd Jun 2009,
Source:Department for Business, Enterprise and Regulatory Reform
Link: www.berr.gov.uk

A review to examine if Government will need to intervene to help small and medium businesses access growth capital will be led by venture capital expert Christopher Rowlands.

[full story]

£1.6 million for twenty six small businesses to install renewable heating systems

Sector:Central Government
Date Created::Wed 20th May 2009,
Source:Scottish Government
Link: www.scotland.gov.uk

More businesses will be able to feel the warmth of renewable heating that cuts emissions.

[full story]

Cabinet meets business leaders

Sector:Central Government
Date Created:Wed 27th May 2009,
Source:Scottish Government
Link: www.scotland.gov.uk

The Scottish Cabinet welcomed five of the country's key business leaders to Bute House in Edinburgh as part of the efforts to ensure the Scottish Government is doing all it can to put Scotland firmly on the road to economic recovery.

[full story]

Foster announces £15million scheme to help businesses

Sector:Central Government
Date Created:Tue 26th May 2009,
Source:Northern Ireland Executive
Link: www.northernireland.gov.uk

Enterprise Minister Arlene Foster announced a £15million scheme by Invest NI, to help businesses currently in difficulty to retain key skills.

[full story]

Supporting small businesses

Sector:Local Government
Date Created:Tue 19th May 2009, 13:43:59
Source:Rhondda-Cynon-Taff Council
Link:http://www.rhondda-cynon-taff.gov.uk/

An £8.75M Local Investment Fund initiative dedicated to the support of small businesses in South East Wales has been launched at the Waterton Centre in Bridgend.

[full story]

Dodds encourages local firms to avail of procurement opportunities

Sector: Central Government
Date Created: Wed 25th Feb 2009, 12:41:54
Source: Northern Ireland Executive
Link: http://www.northernireland.gov.uk

UK - Finance Minister, Nigel Dodds, has highlighted the number of opportunities that exist for locally based Small and Medium Sized Enterprises (SMEs) to bid for Government contracts.

[full story]

Small Scottish firms urged to sign up for Government contracts

Sector: Central Government
Date Created: Tue 24th Feb 2009, 12:21:00
Source: Glasgow Chamber
Link: http://www.glasgowchamber.org/

UK - Scottish Secretary of State Jim Murphy is encouraging small firms across Scotland to log on to the government’s Supply2.gov.uk website to take advantage of the thousands of government contracts available.

[full story]

Building Britain's Future - New industry, new jobs

Sector: Central Government
Date Created: Mon 20th Apr 2009, 08:45:06
Source: Department for Business, Enterprise and Regulatory Reform
Link: http://www.berr.gov.uk

The policy statement "Building Britain's Future - New Industry, New Jobs" identifies key areas where Government action can have most impact, investing in growth to speed recovery and building manufacturing and services essential to ensure British people and businesses can compete successfully for the jobs of the future.

[full story]


London business support schemes extended

Sector :Local Government
Date Created: 9th Apr 2009, 15:28:53
Source: London Mayor
Link: http://www.mayorwatch.co.uk/

UK - The London Development Agency has awarded an additional £1.5 million to the Gateway to Investment (g2i) investment readiness programme which helps small businesses prepare themselves for seeking private sector funding.

[full story]


Real help for London's small businesses - Minister visits Newham companies

Sector: :Local Government
Date Created: Wed 15th Apr 2009, 11:22:54
Source: Regional Minister For London
Link: http://www.realhelpnow.gov.uk

UK - Stephen Timms, Financial Secretary to the Treasury, visited Newham to see how the borough is working with Business Link during the economic downturn to deliver support services to small and medium-sized enterprises (SMEs) as part of the Government's Real Help Now initiative.

[full story]


Real help with lending and advice for local businesses

Sector: :Local Government
Date Created: Tue 14th Apr 2009, 12:42:16
Source: Department for Business, Enterprise and Regulatory Reform
Link: http://www.berr.gov.uk

UK - Business Minister Ian Pearson urged local companies to take advantage of Government-backed support on offer to help them through the economic downturn, at a regional lending roadshow in Greater Manchester.

[full story]


Chancellor backs London Councils' call to cut business rate demands

Sector: Local Government
Date Created: Thu 2nd Apr 2009, 11:00:57Source: London Councils
Link: http://www.londoncouncils.gov.uk

UK - London Councils has welcomed the announcement that businesses across the capital and the rest of the country will be spared a potentially crippling increase in business rates from 1 April.

[full story]


Dodds unveils Small Business Rate Relief scheme

Sector: Central Government
Date Created: Thu 2nd Apr 2009, 11:09:02
Source: Northern Ireland Executive
Link: http://www.northernireland.gov.uk

UK - Many small businesses in Northern Ireland will benefit from the introduction of a Small Business Rate Relief scheme unveiled today by Finance Minister Nigel Dodds.

[full story]


Tax deadline calendar available for SMEs

Sector: Local Government
Date Created: Mon 6th Apr 2009, 12:42:09
Source: HM Treasury
Link: http://hm-treasury.gov.uk

UK - A new tax deadline calendar for 2009/10 has been produced by HM Revenue & Customs (HMRC) especially for small businesses.

Mike Purvis, HMRC's Assistant Director for Small and Medium Enterprises (SMEs), said:

"A number of smaller business customers have told us it would be useful to bring together all the key fixed and variable dates in one place. The new tax deadline calendar sets these out.

"Most of you will know these dates already but we hope that the calendar will be a useful reminder. You can see it on the small business pages at
http://www.businesslink.gov.uk/taxhelp."

Issued by HM Revenue & Customs Press Office
Press enquiries only please contact:
Maddy Ratnett - HMRC Press Officer for Eastern England
Tel: 07919 393645
Dave Gostelow - HMRC Media Relations Manager
Tel: 07747 017753

Websites http://www.hmrc.gov.uk
http://www.businesslink.gov.uk/taxhelp


Mayor releases £29 million of EU funds to support London jobs and small businesses

Sector: Local Government
Date Created: Fri 27th Mar 2009, 10:47:21
Source: London Councils
Link: http://www.londoncouncils.gov.uk

UK - The Mayor of London, Boris Johnson, announced that he is releasing £29million of European Union funds that will support 11,000 small businesses in London, create 1,100 jobs and safeguard a further 2,700.

[full story]


Frameworks are delivering for small businesses

Sector: Central Government
Date Created: Fri 27th Mar 2009, 10:49:03
Source: Northern Ireland Executive
Link: http://www.northernireland.gov.uk

UK - Finance Minister Nigel Dodds has highlighted the role Framework Agreements are playing in opening up procurement opportunities for small local firms.

[full story]


'solution for business' simplifies Government business support, reducing over 3,000 schemes to 30

Sector: Central Government
Date Created Tue 31st Mar 2009, 14:48:32
Source: Department for Business, Enterprise and Regulatory Reform
Link: http://www.berr.gov.uk

UK - The Government delivered on its promise to provide a simplified framework for publicly funded support, which could add £1.4bn of value per year for businesses.

[full story]


Director-general calls for new finance corporation to help SMEs

Sector: Local Government
Date Created: Wed 4th Mar 2009, 12:41:54
Source: CBI
Link: http://www.cbi.org.uk

UK - Richard Lambert, CBI Director-General, called on government to consider funding an investment corporation like the Industrial and Commercial Finance Corporation (ICFC) created in 1945, to provide finance to small and medium-sized companies.

[full story]


Dodds encourages local firms to avail of procurement opportunities

Sector: Central Government
Date Created: Wed 25th Feb 2009, 12:41:54
Source: Northern Ireland Executive
Link: http://www.northernireland.gov.uk

UK - Finance Minister, Nigel Dodds, has highlighted the number of opportunities that exist for locally based Small and Medium Sized Enterprises ( SMEs) to bid for Government contracts.

[full story]


Small Scottish firms urged to sign up for Government contracts

Sector: Central Government
Date Created: Tue 24th Feb 2009, 12:21:00
Source: Glasgow Chamber
Link: http://www.glasgowchamber.org/

UK - Scottish Secretary of State Jim Murphy is encouraging small firms across Scotland to log on to the government’s Supply2.gov.uk website to take advantage of the thousands of government contracts available.

[full story]


Small firms in Yorkshire and Humber urged to sign up for Government contracts

Sector: Central Government
Date Created: Thu 5th Feb 2009, 11:05:10
Source: for Business, Enterprise and Regulatory Reform
Link: http://www.berr.gov.uk

UK - Small firms across Yorkshire and the Humber are being urged to sign up to the government's Supply2.gov.uk website and to take advantage of the thousands of government contracts available.

[full story]


Finance Secretary welcomes RBS move to help SMEs

Sector: Central Government
Date Created: Thu 5th Feb 2009, 10:52:28
Source: Scottish Government
Link: http://www.scotland.gov.uk

UK - RBS commitment to support SMEs will help Scottish business, John Swinney said.

RBS is making £250 million available to help Scottish SMEs with a turnover of less than £25 million. This could take the form of loans, invoice finance, asset release or debt finance.

[full story]


Small firms in South West urged to sign up for Government contracts

Sector: Central Government
Date Created: Wed 4th Feb 2009, 15:56:13
Source: Department for Business, Enterprise and Regulatory Reform
Link: http://www.berr.gov.uk

UK - Small firms in the South West are being urged to sign up to the government's Supply.2gov.uk website and to take advantage of the thousands of government contracts available.

[full story]


Small Scottish firms urged to sign up for Government contracts

Sector: Central Government
Date Created: Wed 4th Feb 2009, 12:57:57
Source:Scottish Government
Link:http://www.scotland.gov.uk

UK - Scottish Secretary of State Jim Murphy is encouraging small firms across Scotland to log on to the government's Supply2.gov.uk website to take advantage of the thousands of government contracts available.

[full story]


£25 million to help businesses become more competitive

Sector: Central Government
Date Created: Thu 29th Jan 2009, 11:52:22
/ Source: Welsh Assembly Government
Link:http://new.wales.gov.uk

UK - A £25 million project designed to support the growth of Welsh businesses will be announced by Ieuan Wyn Jones, Deputy First Minister. Enterprise Networks which has received £12 million from the Convergence European Regional Development Fund through the Welsh Assembly Government, is geared to help 4,200 businesses and 155 social enterprises over the next seven years. It could also lead to the creation of up to 1,200 jobs.

[full story]


New guidance report to save money and boost business confidence

Sector: Central Government
Date Created: Wed 28th Jan 2009, 08:32:41
Source: Department for Business, Enterprise and Regulatory Reform
Link: http://www.berr.gov.uk

UK - Small businesses will get a one stop shop for guidance on health and safety and employment legislation, that will help make sure they comply with the law and save them time and money, under new recommendations announced.

[full story]


Support for small businesses

Wed 14th Jan 2009, 11:24:24
Source: Scottish Government
Link: http://www.scotland.gov.uk

UK - Businesses in Scotland should explore all possible means of boosting their cashflow, Enterprise Minister Jim Mather said.

The UK Government has announced up to £22 billion of support to guarantee credit to business.

[full story]


Mandelson unveils multi–billion pound package to help small businesses

Sector: Central Government
Wed 14th Jan 2009, 10:45:22
Source: 24 Dash
Link: http://www.24dash.comk

UK – The Government unveiled a multi–billion package of measures aimed at unblocking lending to small firms, including loan guarantees and a new enterprise fund to help companies struggling to access finance.

[full story]


Real Help for Business

Sector: Central Government
Wed 14th Jan 2009, 10:45:22
Source: Department for Business, Enterprise and Regulatory Reform
Link: http://www.berr.gov.uk

UK – Business Secretary Lord Mandelson unveiled a package of measures designed to address the cash flow, credit and investment needs of small and medium businesses.

[full story]


Small businesses must prepare for burden of more red tape in October, warns FPB

Date Created: Mon 2nd Oct 2006, 09:28:58
Source: Forum for Private Business
Link: http://www.fpb.co.uk

UK - The Forum of Private Business (FPB) is warning that new laws set to come into force in October could push many small firms to the limit. Changes in age discrimination laws, fire regulations, the National Minimum Wage and maternity rights will pile the pressure on smaller firms. [full story (Small Business)]


Council pledges to be small business friendly

Date Created: Fri 22nd Sep 2006, 09:53:01
Source: Basingstoke and Deane Council
Link: http://www.basingstoke.gov.uk

UK - A new small business friendly concordat, aimed at encouraging small local businesses to work with the council has been developed by Basingstoke and Deane Borough Council. [full story (Basingstoke and Deane)]


Greater rewards for local authorities that promote business growth

Date Created: Thu 14th Sep 2006, 14:21:39
Source: Department for Communities and Local Government
Link: http://www.communities.gov.uk

UK - Ruth Kelly, Secretary of State for Communities and Local Government, and John Healey, Financial Secretary to the Treasury, announced that local authorities will stand to receive greater rewards for promoting local business growth. [full story]


BCC and AIG Europe (UK) Limited join forces to stop unnecessary business failure

Date Created: Fri 8th Sep 2006, 12:18:11
Source: Chamber Online
Link: http://www.chamberonline.co.uk

UK - BCC has announced an alliance with AIG Europe (UK) Limited to provide SMEs with tailored insurance solutions and advice on business risk management. [full story (BCC)]


Reduced burdens streamline access to Small Business Rate Relief

Date Created: Mon 4th Sep 2006, 15:21:35
Source: Department for Communities and Local Government
Link: http://www.communities.gov.uk

UK - A government commitment to reduce the burden of form filling associated with applying for small business rate relief has been made good. In an Order laid before Parliament, Local Government Minister Phil Woolas confirmed that businesses whose circumstances do not change will only need to apply once, for a period of up to five years, for small business rate relief. Previously, small businesses were required to apply every year.

The announcement follows consultation on streamlining the arrangements for applying for small business rate relief. [full story (Communities)]


Small and Medium-Sized Enterprise (SME) Statistics 2005

Date Created: Thu 31st Aug 2006, 11:22:56
Source: Small Business Service
Link: http://www.sbs.gov.uk

UK - The Small Business Service (SBS), an executive agency of the Department of Trade and Industry, today published Small and Medium-sized Enterprise (SME) Statistics for the UK 2005.

There were an estimated 4.3 million business enterprises in the UK at the start of 2005, an increase of 59,000 (1.4 per cent) on the start of 2004. This estimate, and figures in this release, comprises the private sector (including public corporations and nationalised bodies) and therefore excludes Government and non-profit organisations. [full story (SBS)]


Council support for small businesses

Date Created: Wed 30th Aug 2006, 10:18:44
Source: Canterbury City Council
Link: http://www.canterbury.gov.uk

UK - Canterbury City Council has shown its commitment to small businesses by signing up to the national small business-friendly concordat.

Small businesses offer a number of benefits. They respond quickly and flexibly to customer needs, are a source of innovations and ideas, offer cash savings, improved quality and effectiveness, and are frequently close at hand. [full story (Canterbury)]


New formula can show SMEs how IT can improve their bottom line

Date Created: Mon 28th Aug 2006, 10:59:27
Source: British Telecom
Link: http://www.bt.com

UK - SMEs can now rate their use of technology and communications so that they can achieve the maximum value from their investment by using a formula developed by leading psychologist and Cardiff and Birmingham University lecturer, Dr Cliff Arnall.

The formula, commissioned by BT Business, identifies the key factors that enable a small business and its employees to thrive. It is available online at www.bt.com/business/workitwell so that companies can calculate their own score. [full story (BT)]


Council seeks boost for businesses

Sector: Local Government
Date Created: Thu 24th Aug 2006, 13:29:50
Source: Medway Council
Link: http://www.medway.gov.uk

UK - Business investment in Medway could receive a huge boost if the council is successful in its efforts for the area to be awarded Assisted Area Status by the Department for Trade and Industry (DTI).

Achieving Assisted Area Status (AAS) would entitle local companies to apply for grant assistance from Government for future investment projects that would both protect existing jobs and create new jobs. This support would also be available to encourage new companies to move into the area, increasing inward investment. [full story (Medway)]