Industrial Strategy to boost skills and training in UK
29 November, 2017, 01:03 | Author: Malcolm Fuller
Each foundation is supported by a range of policies created to provide businesses with certainty and reassurance that the United Kingdom will continue to have a competitive edge, such as raising total R&D investment to 2.4 percent of GDP by 2027; increasing the rate of R&D tax credit to 12 percent; and investing £725 million in new Industrial Strategy Challenge Fund programmes, "to capture the value of innovation".
The strategy sets Britain the challenges of being at the forefront of the artificial intelligence revolution, meeting the needs of ageing population, using "clean technology" and becoming a "world leader" in the movement of people and goods.
Theresa May said the blueprint would help to shape a stronger and fairer economy for decades. It was followed on Monday by £725m, much of it targeted on construction and life sciences.
The government said it will press ahead with a series of so-called sector deals covering life sciences, construction, artificial intelligence and automotive.
The new "Transforming food production: from farm to fork" programme aims to boost sustainable agricultural practices, by increasing incentives for producers to embrace innovative technologies and techniques.
"We are exporting our skills and knowledge worldwide, winning multimillion-pound contracts in wind and marine energy - if this industrial strategy fully supports these world-leading sectors, it can drive growth across all parts of the United Kingdom and create tens of thousands of high-value jobs".
"We now look forward to further detail on the sector deals between the pharmaceutical industry and government on the back of Sir John Bell's impressive Life Sciences Industrial Strategy", commented ABPI chief executive Mike Thompson.
Business secretary Greg Clark called the strategy "an unashamedly ambitious vision for the future of our country", arguing it will help address four "grand challenges" facing the UK.
Meredith to buy Time Inc. for $1.85 billion
The Meredith Corporation already owns Family Circle , AllRecipes and Better Homes and Gardens . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
Texas State Trooper Shot, Killed in Freestone County
He had previously served jail time after pleading guilty to a separate, 2015 assault on a public servant, court records show. Sources tell our sister station, KWTX in Waco, that Dabrett Black has also made a jailhouse confession to investigators.
"We welcome the strategy's plan to champion apprenticeships, and in particular the announcement of new funding of £60m to support apprenticeship take-up by young people and poorer families from disadvantaged areas", she said.
The National Productivity Investment Fund will be increased to £31 billion, supporting investments in transport, housing and digital infrastructure, alongside driving more than £20 billion of investment in innovative and high potential businesses. The second pledges to ensure the United Kingdom maximises the benefits of "the global shift to clean growth".
The strategy adds, "Embedding AI across the United Kingdom will create thousands of good quality jobs and drive economic growth".
The paper also points to the new Bioeconomy Strategy, due early in 2018, which will "set out a framework for growth in the sector to develop new low-carbon bio-based products andprocesses".
Meanwhile, Dr Diana Montgomery, Chief Executive of the Construction Products Association, said: "The construction sector has great potential as a key enabler of United Kingdom economic growth, and given last week's downgrade from the OBR for United Kingdom productivity, this takes on a greater urgency". And it needs to give people clean air by speeding up the end of diesel vehicles.
Research and Development tax credit: The tax relief for companies which invest in R&D was increased in the Budget.
As he left the field, Harris appeared to point toward the Oakland sideline, motioning as if he had been hit by a Raiders player. Crabtree and Talib have a history with each other that is likely the source of the bad blood between the players.
Three Turks and an Israeli were being treated at the Batumi University clinic, spokesman Kakha Chikhradze told Palitra News TV. Turkish Prime Minister Binali Yıldırım sent a letter of condolence to Georgian Prime Minister Kvirikashvili.
ABC affiliate WCHS in Charleston posted a video of a tight-jawed Rivera in handcuffs while being arraigned. Once the officer reached the location, Dorsey explained that Rivera had hit him in the head and face.
We are at a watershed moment on this issue, and no matter how great an individual's legacy, it is not a license for harassment. Currently, Conyers is the longest-serving member of the House. "They have not really come forward", Pelosi said.
Sources in the Railway Ministry hinted that assessment by officials placed the blame on rail fracture leading to the accident. In August-September alone, the frequency of derailments was one derailment every three days .
According to Bloomberg , the White House is considering putting a ban in place on the use of personal phones at work by staff. However, if it does go into effect, it would apply to the personal mobile devices of all White House staffers.
Broncos cornerback Chris Harris, Jr . said Crabtree sucker-punched him in the groin on the play prior to the fight breaking out. Crabtree kept pushing Talib out of bounds near the Broncos' bench area. "I came out there to play football on Sunday ".
Early Saturday, the Washington Wizards announced that John Wall underwent an MRI exam on his injured left knee. The 6-foot-4, 210-pound Wall is averaging 20.3 points and 3.4 rebounds in 16 games this season.
But the Atlanta Falcons one-upped them at Mercedes-Benz Stadium thanks to the rocket arm of Mohamed Sanu . After nearly losing the football on a fake handoff, Sanu uncorked the touchdown pass to Jones.
EPS and OPS have merged, and won the two-leaves symbol which was frozen by the Election Commission due to their fight earlier. The date in which the notification was issued is November 21 and the last day for filing nominations is December 4.
Miss South Africa is Miss Universe 2017
Miss South Africa Demi-Leigh Nel-Peters says that she's humbled and proud to be crowned Miss Universe. Laura Gonzalez from Colombia was the runner-up while Davina Bennett from Jamaica came third.
Fear The Walking Dead Is About To Get A New (Old) Character
You'll be able to watch a livestream of James' first day on set on the Fear the Walking Dead Facebook page tomorrow at 4 p.m. Season four of Fear The Walking Dead will be filmed in Texas, meaning a move from its previous home of Mexico.
UCLA to name Kelly coach
Chip Kelly has reached an agreement with UCLA to be the Bruins new football coach, according to Ben Bolch of the Los Angeles Times .
Tom Baker returns for surprise Doctor Who cameo
The parts not filmed in 1979 will be completed using animation and Baker's voice, but he has also filmed a live action scene. The episode was partially filmed in 1979, but an engineering strike prevented the episode from being finished.
KCC to investigate Google over unlawful data collection
Quartz found since January, Android devices have been collecting Cell ID codes and sending the information to Google. It happens even when a device has no SIM card and when Global Positioning System location services are disabled.
Ohio State Vs. Michigan Live Stream
Barrett, who fractured his right ankle against MI as a freshman, ran for a touchdown and passed for another in the first half. Haskins was off the mark with his pass on third-and-five, but a defensive hold gave the Buckeyes an automatic first down.