20/07/2011
Cable's Visit Focus' On Humber Job Creation
Business Secretary Vince Cable has today toured Alexandra Dock where Siemens plans to build an £80 million wind turbine factory which will create 700 jobs.
Under the development plan the ports company ABP will build a £100 million deepwater berth capable of handling the new generation of large offshore wind developments.
Business Secretary Vince Cable said: “The transition to a green economy presents significant growth opportunities both in the UK and abroad. The UK has the sixth largest low carbon economic goods and services market in the world.
“The offshore wind sector has the potential to create 70,000 jobs in the UK. We are committed to making sure that UK businesses get a headstart and seize those opportunities now.”
Vince Cable will this afternoon visit Tata Steel in Scunthorpe and meet members of the Tata Steel Economic Response Task Force and the chair John Clugston.
The Business Secretary set up the Taskforce in May after Tata Steel announced restructuring plans.
Vince Cable said: “Tata Steel has had to make tough decisions in respect of the workforce in its Long Products business but we have welcomed its plans to invest up to £400 million to make the company more competitive.
“I look forward to having a constructive meeting today with members of the Taskforce and chair John Clugston. I have been impressed by what I have heard so far on their plans to make Scunthorpe a good place to do business and encourage job creation and investment.
“We have already deployed the JobCentrePlus Rapid Response Service to provide support to those workers who will unfortunately lose their jobs and we welcome Tata Steel’s cooperation. We will continue to work with them on this.”
(BMcN/GK)
Under the development plan the ports company ABP will build a £100 million deepwater berth capable of handling the new generation of large offshore wind developments.
Business Secretary Vince Cable said: “The transition to a green economy presents significant growth opportunities both in the UK and abroad. The UK has the sixth largest low carbon economic goods and services market in the world.
“The offshore wind sector has the potential to create 70,000 jobs in the UK. We are committed to making sure that UK businesses get a headstart and seize those opportunities now.”
Vince Cable will this afternoon visit Tata Steel in Scunthorpe and meet members of the Tata Steel Economic Response Task Force and the chair John Clugston.
The Business Secretary set up the Taskforce in May after Tata Steel announced restructuring plans.
Vince Cable said: “Tata Steel has had to make tough decisions in respect of the workforce in its Long Products business but we have welcomed its plans to invest up to £400 million to make the company more competitive.
“I look forward to having a constructive meeting today with members of the Taskforce and chair John Clugston. I have been impressed by what I have heard so far on their plans to make Scunthorpe a good place to do business and encourage job creation and investment.
“We have already deployed the JobCentrePlus Rapid Response Service to provide support to those workers who will unfortunately lose their jobs and we welcome Tata Steel’s cooperation. We will continue to work with them on this.”
(BMcN/GK)
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12 March 2014
Minimum Wage Increases Announced
The government has announced a 19p increase in the national minimum wage, bring it up to £6.50 per hour. The new will come into effect in October following a recommendation by the Low Pay Commission for a 3% rise. Alongside this the rate for 18 to 20-year-olds will be increased by 2%, going up by 10p to £5.13 an hour.
Minimum Wage Increases Announced
The government has announced a 19p increase in the national minimum wage, bring it up to £6.50 per hour. The new will come into effect in October following a recommendation by the Low Pay Commission for a 3% rise. Alongside this the rate for 18 to 20-year-olds will be increased by 2%, going up by 10p to £5.13 an hour.
04 August 2011
Economic Impact Of Low Carbon Transition Explored
Business Secretary Vince Cable today saw a renewable energy device that can save the energy industry over £600 million in reduced capital costs cutting carbon emissions by 37 million tonnes by 2020.
Economic Impact Of Low Carbon Transition Explored
Business Secretary Vince Cable today saw a renewable energy device that can save the energy industry over £600 million in reduced capital costs cutting carbon emissions by 37 million tonnes by 2020.
28 July 2011
Red Tape Challenge 'Sets Retailers Free'
Plans to scrap or simplify more than 160 regulations, freeing the public and retailers from rules that are unnecessarily burdensome, overly bureaucratic or completely redundant have been announced today by Business Secretary Vince Cable.
Red Tape Challenge 'Sets Retailers Free'
Plans to scrap or simplify more than 160 regulations, freeing the public and retailers from rules that are unnecessarily burdensome, overly bureaucratic or completely redundant have been announced today by Business Secretary Vince Cable.