28/11/2003
£52m package secures 4,000 mining jobs
Over 4,000 coal-mining jobs in the UK are to be secured and 300 jobs created as part of a £52 million investment package for 12 mines in England and south Wales.
Twelve projects at mines in Northumberland, Nottinghamshire, Warwickshire, Yorkshire and South Wales have been awarded up to 30% of their total costs for development projects as part of the new Coal Investment Aid scheme (CIA).
Coal Investment Aid was launched on 16 June 2003 releasing a total of up to £60 million to support eligible investment projects.
Energy Minister Stephen Timms said: "I am delighted to announce this substantial investment which will help to preserve and create jobs in our coal industry and help secure the future of mining to 2008 and beyond.
"The Coal Investment Aid scheme aims to unlock the potential of coal reserves which may otherwise remain unworked by providing a large chunk of the investment costs. If taken up, today's award winners will see a total investment of £175 million for the UK coal industry.
"Today's announcement demonstrates that, despite some difficult times in the past, there are encouraging signs for the future of the coal mining industry in the UK."
Successful applicants have until the end of February 2004 to accept these offers.
(gmcg)
Twelve projects at mines in Northumberland, Nottinghamshire, Warwickshire, Yorkshire and South Wales have been awarded up to 30% of their total costs for development projects as part of the new Coal Investment Aid scheme (CIA).
Coal Investment Aid was launched on 16 June 2003 releasing a total of up to £60 million to support eligible investment projects.
Energy Minister Stephen Timms said: "I am delighted to announce this substantial investment which will help to preserve and create jobs in our coal industry and help secure the future of mining to 2008 and beyond.
"The Coal Investment Aid scheme aims to unlock the potential of coal reserves which may otherwise remain unworked by providing a large chunk of the investment costs. If taken up, today's award winners will see a total investment of £175 million for the UK coal industry.
"Today's announcement demonstrates that, despite some difficult times in the past, there are encouraging signs for the future of the coal mining industry in the UK."
Successful applicants have until the end of February 2004 to accept these offers.
(gmcg)
Related UK National News Stories
Click here for the latest headlines.
09 July 2003
UK gains inward investment despite global downturn
The UK continues to perform strongly in inward investment, the government has claimed today. Trade and Industry Secretary Patricia Hewitt has announced that despite the uncertain global economy, the UK had attracted 709 investment projects in the year 2002/2003, creating more than 34,000 jobs.
UK gains inward investment despite global downturn
The UK continues to perform strongly in inward investment, the government has claimed today. Trade and Industry Secretary Patricia Hewitt has announced that despite the uncertain global economy, the UK had attracted 709 investment projects in the year 2002/2003, creating more than 34,000 jobs.
23 May 2007
Energy plan sparks nuclear debate
The publication of the government's Energy White Paper has sparked a fresh debate over the use of nuclear power. The government's Energy White Paper was due to be published in March, but it was delayed and another consultation process had to be started following a legal challenge by environmental campaign group Greenpeace.
Energy plan sparks nuclear debate
The publication of the government's Energy White Paper has sparked a fresh debate over the use of nuclear power. The government's Energy White Paper was due to be published in March, but it was delayed and another consultation process had to be started following a legal challenge by environmental campaign group Greenpeace.
07 July 2004
UK tops Euro league for foreign investment
The UK attracted the most foreign investment in Europe last year and inward investment rose by 14%, according to figures out today.
UK tops Euro league for foreign investment
The UK attracted the most foreign investment in Europe last year and inward investment rose by 14%, according to figures out today.
12 December 2011
Green Investment Bank Plans Published
The Department of Business (BIS) has published plans to establish the first Green Investment Bank (GIB) to accelerate private sector investment in the UK’s green industry. On Monday morning, Business Secretary Vince Cable published criteria for deciding where the Bank will be based and what the Bank’s first priorities will be until 2016.
Green Investment Bank Plans Published
The Department of Business (BIS) has published plans to establish the first Green Investment Bank (GIB) to accelerate private sector investment in the UK’s green industry. On Monday morning, Business Secretary Vince Cable published criteria for deciding where the Bank will be based and what the Bank’s first priorities will be until 2016.
26 March 2015
Two Mines To Close With Loss Of Up To 1,300 Jobs
Two deep coal mines in Yorkshire have been refused government funding and will be closed with the loss of up to 1,300 jobs, UK Coal has announced. UK Coal had applied for funding in an effort to keep the Kellingley pit in North Yorkshire and the Thoresby pit in north Nottinghamshire open for another three years.
Two Mines To Close With Loss Of Up To 1,300 Jobs
Two deep coal mines in Yorkshire have been refused government funding and will be closed with the loss of up to 1,300 jobs, UK Coal has announced. UK Coal had applied for funding in an effort to keep the Kellingley pit in North Yorkshire and the Thoresby pit in north Nottinghamshire open for another three years.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.