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20/04/2009
Building Britain's Future - New Industry, New Jobs
A strategic plan to invest in Britain's economic and industrial future was launched by the Government today.
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.
Business Secretary Lord Mandelson, speaking at Loughborough University Innovation Centre, said: "The world's economy, emerging from the downturn, is set to double in size creating major new opportunities for British business. But global competition is getting tougher and technological change is happening faster. We can't afford to stand back as other countries invest and skill-up to win in high-value markets and sectors.
"To succeed in this hi-tech, low carbon economy of the future, to drive growth and to secure more high-value jobs in the UK, we need to act. It's not about picking winners or ignoring market signals but removing barriers which hold business back.
"Britain has the skills, resources and knowledge base to do well but the Government's job is to do everything it can to strengthen our competitive position further. It's about creating the best possible conditions in which UK businesses can thrive; removing barriers to success and offering targeted support to unlock new potential in existing and new technologies."
Key areas identified for immediate action and reform to win a bigger share of the opportunities ahead are centred on innovation, skills, finance, infrastructure and trade.
(JM/BMcC)
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.
Business Secretary Lord Mandelson, speaking at Loughborough University Innovation Centre, said: "The world's economy, emerging from the downturn, is set to double in size creating major new opportunities for British business. But global competition is getting tougher and technological change is happening faster. We can't afford to stand back as other countries invest and skill-up to win in high-value markets and sectors.
"To succeed in this hi-tech, low carbon economy of the future, to drive growth and to secure more high-value jobs in the UK, we need to act. It's not about picking winners or ignoring market signals but removing barriers which hold business back.
"Britain has the skills, resources and knowledge base to do well but the Government's job is to do everything it can to strengthen our competitive position further. It's about creating the best possible conditions in which UK businesses can thrive; removing barriers to success and offering targeted support to unlock new potential in existing and new technologies."
Key areas identified for immediate action and reform to win a bigger share of the opportunities ahead are centred on innovation, skills, finance, infrastructure and trade.
(JM/BMcC)
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24 June 2009
Govt Urged To Tackle Long-Term Youth Unemployment
The Government has been urged to do more to tackle long-term youth unemployment, after a new report found it is likely to treble between now and the end of 2011. The Centre for Cities reported cities like Sunderland who saw a 9.45% unemployment rate and Barnsley, with 9.13% have been hardest-hit by rising levels of youth employment.
Govt Urged To Tackle Long-Term Youth Unemployment
The Government has been urged to do more to tackle long-term youth unemployment, after a new report found it is likely to treble between now and the end of 2011. The Centre for Cities reported cities like Sunderland who saw a 9.45% unemployment rate and Barnsley, with 9.13% have been hardest-hit by rising levels of youth employment.
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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.
