Dragon Boat – header – Aug 2017

Harrier UK and Cobb Associates join forces

After years of working closely together, health and safety specialists Harrier UK and Cobb Associates have finalised a strategic partnership that will create an...

Soubry announces £5.6m aerospace project for University of Nottingham

Anna Soubry, Minister for Small Business, has used a visit to open the Technology Entrepreneurship Centre (TEC) at the University of Nottingham to reveal...

Cressall Resistors wins big at Leicestershire Business Awards

A company which designs and manufactures bespoke power resistors for industry has won the top accolade at this year’s East Midlands Chamber’s 2016 Leicestershire...

Multi Million pound investment to overhaul Donington Park

The new owner of Donington Park is investing in a multi-million pound revamp to improve facilities . MotorSport Vision (MSV) Group, which completed its takeover...

Staffline reports strong growth as revenues rise to £702.2 million

Staffline, the Nottingham-based staffing services, outsourcing, training and employability group, has announced a 40% rise in revenues to £702.2 million – up from £503.2...

UK investment in US surges ahead

The UK remains the single largest foreign investor in the United States of America, supporting nearly one million jobs across the country, according to the CBI’s annual Sterling Assets report.
As of the end of 2013, the UK invested $519 bn in the USA, nearly $200 bn more than the next largest investor. This represents 19 per cent of the $2.8 trillion of foreign direct investment (FDI) in America, which is an increase in the proportion of FDI the UK makes up – in 2012 it stood at 18 per cent.With exports to the UK totalling $118 billion in 2014, Britain is America’s fourth largest export market – an advance on 2013’s position as the fifth largest destination for American goods and services – and the largest in the EU by a wide margin.The UK was the largest export market for American services in 2014, surpassing even Canada, whilst the USA imported more services from the UK, $50 billion worth in 2014, than from any other country.Simon Moore, CBI international director, said: “The strength and vitality of the economic ties that bind the United Kingdom and the United States together continue to forge ahead, driving prosperity on both sides of the Atlantic.“These figures show just how close the commercial relationship between our two nations is. Whether it be Britain’s continued position as the largest foreign investor in the US or the fact that British firms support nearly a million American jobs, the UK is clearly well ahead of the pack.“To boost this unique relationship, it’s vital that both the UK and the US pursue TTIP (Transatlantic Trade and Investment Partnership) with vigour, to take full advantage of the opportunities to boost growth and create jobs across our countries and Europe.”At state level, British companies create jobs in every single state in America. California, Texas and New York top the list for the number of jobs supported by UK firms.New York leads the way in exports to the UK, shipping $6.2 bn of goods to Great Britain in 2014, an increase of $1.2 bn on the previous year.

Revealed – IoD East Midlands award winners

The winners of the East Midlands Institute of Directors (IoD) annual awards have been revealed. Dr Nik Kotecha OBE, Chief Executive Officer of Morningside Pharmaceuticals...

LEP cash used to link Enterprise Zone to motorway

A £7.5m link road to the M1 motorway is to receive a third of its funding from the D2N2 Local Enterprise Partnership. The £7.5m Seymour...

Northampton wine merchant receives directors ban until 2028

A Northampton businessman, Jeff Berrill, has been disqualified from acting as a director until 2028 after taking payment from investors for wine that he never purchased. Berill's...

Airport group calls for more investment in East Midlands Airport road...

MAG, the leading airport group has laid out its view in response to Government proposals for the new strategy. MAG, which operates the UK’s...

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Derby’s Bombardier completes first new London Overground train

The first new state-of-the-art London Overground train built by Derby's Bombardier has been unveiled. The trains are being built at Bombardier Transport's UK site in...

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