MP encourages Government to break away from EU regulation The Department for International Trade has announced the creation of an Investment Council, which will act as an advisory body to improve and enhance Britain’s business environment for foreign investors. The Council will be made up of senior leaders from the private sector from around...
Read more »
Posted in Business, Economy, Treasury | No Comments »
MP encourages eligible manufacturers to apply to fund The Medicines and Diagnostics Manufacturing Transformation Fund opens for applications today. Announced last November, this new £20 million fund will support the manufacture of medicines, diagnostics and MedTech in the UK. This will boost Britain’s life sciences manufacturing, creating economic opportunities and increasing the number of...
Read more »
Posted in Business, Economy | No Comments »
MP highlights assistance for businesses so far ineligible for support The Government has set out plans for an extra and targeted support package for those businesses which have been unable to benefit from the existing £16 billion business rates relief for retail, hospitality and leisure businesses, which have not been paying any rates during...
Read more »
Posted in Business, Coronavirus, Economy, Treasury | No Comments »
MP: Funds will help us reopen safely and successfully The Government is investing a total of £56 million through the Welcome Back Fund to help councils prepare for the end of lockdown. As part of this Basildon will receive £165,814 to help our high streets reopen and attract shoppers and tourists. This funding forms...
Read more »
Posted in Basildon Council, Constituency Issues, Coronavirus, Economy | No Comments »
MP encourages residents to use website The Essex Opportunities Portal has recently been launched, which is a one stop shop providing information and advice about skills, careers, training and employment for our community. The portal is part of Essex County Council’s Covid Economic Recovery Plan, and promotes reskilling and employment opportunities in partnership with...
Read more »
Posted in Business, Constituency Issues, Coronavirus, Economy | No Comments »
MP: Government right to forge international trade deals New research was published today which estimates that nearly 6.5 million British jobs are supported by exports. The research, commissioned by the Department for International Trade and carried out by the Fraser of Allander Institute at the University of Strathclyde, estimates that median wages in jobs...
Read more »
Posted in Business, Constituency Issues, Economy | No Comments »
MP says NLW should continue to increase above inflation Today in Treasury Questions, John Baron MP questioned the Government on the National Living Wage, which the Chancellor announced in his Budget speech last week would increase to £8.91/hour from April. In the Chamber, John asked, “In welcoming the Government’s generous economic support packages and...
Read more »
Posted in Business, Economy, Treasury | No Comments »
MP congratulates Department for International Trade This afternoon it was announced that the United States has agreed to suspend tariffs on a range of British products, including single malt whiskies, cheeses, machinery and cashmere goods. These were imposed as part of the long-running trade dispute between the US and the EU about aircraft industry...
Read more »
Posted in Business, Economy, Treasury | No Comments »
MP disappointed by corporation tax rise Today the Chancellor of the Exchequer, Rt Hon Rishi Sunak MP, announced that the Government will be providing over £407 billion of support for families, jobs and businesses over this year and next. Amongst other measures, the furlough scheme will be extended until the end of September and...
Read more »
Posted in Economy, Treasury | No Comments »
MP encourages local food and drink manufacturers to boost exports Today the Government is launching a new food and drink export campaign. This ‘Open Doors’ campaign aims to boost the export potential of farmers, fishermen and food producers by opening doors to trading opportunities across the world. Food and drink producers in Basildon &...
Read more »
Posted in Business, Constituency Issues, Treasury | No Comments »