Once again there’s been some great news coming in from across the UK this week (31st May – 6th June 2021).
UK manufacturing has surged to a record high and in the three months to May; the British economy grew at its fastest pace since August 2015. Plus the UK secured a new trade deal with Norway, Iceland and Liechtenstein this week worth more than £21 billion. Do we think Obama didn’t know what a “queue” was perhaps?
And the positivity doesn’t stop there… we have a record number of doctors and nurses working in the NHS, a new multimillion pound quantum computer centre cements the UK as a science superpower and it’s coming home, it’s coming home… ketchup’s coming home!
Here are our best read news stories from the last seven days. Please share with your friends and keep spreading the positive news. Go global Britain! #TheGoodNewsThisWeek
Another milestone in Lotus’ journey is reached as Emira pre-production gets underway and further details of the substantial investments made in UK operations are revealed. Total investment in UK facilities now stands at more than £100 million, which includes two new production halls at the company’s iconic home in Hethel, Norfolk. One is now in pre-production for the Emira, the all-new Lotus sports car to be unveiled at Hethel on Tuesday 6 July. The other, for the Evija all-electric hypercar, has completed prototype production and first customer cars will be built later this year… click here
For the third month running, there are record numbers of NHS doctors and nurses working in England according to the latest statistics published this week. The provisional figures show that as of March 2021, there are a total of 124,078 doctors and 304,542 nurses working in the NHS. Compared to the same time last year, there are over 5,600 more doctors and over 10,800 more nurses working in the NHS. There are also record numbers of hospital and community health staff overall (1,197,747)… click here
A new artificial intelligence and quantum computing centre has been launched in North West England, thanks to a £210 million investment from the Government and IBM to help cement the UK’s status as a science superpower. The Hartree National Centre for Digital Innovation (HNCDI), based at the Science and Technology Facilities Council’s (STFC) Daresbury Laboratory in the Liverpool City Region, will create vacancies for an additional 60 scientists and opportunities for students to gain invaluable hands-on experience. The centre will bring together world-leading expertise in artificial intelligence (AI) and quantum computing to support the application of the cutting-edge technologies in industry and the public sector… click here
Buckingham Palace has confirmed the dates for a four day Bank Holiday next June to mark the Queen’s Platinum Jubilee, as well as details on a series of events, including a major music event. Her Majesty The Queen will celebrate her Platinum Jubilee from Thursday 2nd – Sunday 5th June 2022. The extended bank holiday weekend will see public events and community activities, as well as national moments of reflection on The Queen’s 70 years of service. A live concert will be staged at Buckingham Palace – Platinum Party at the Palace – during the Saturday of the long weekend… click here
A five-month old baby has become the first patient to receive a potentially life-saving drug on the NHS that can prevent paralysis and prolong the lives of children with Spinal Muscular Atrophy (SMA). Arthur Morgan, who was diagnosed with SMA earlier this month, received the one-off gene therapy at Evelina London Children’s Hospital on May 25. Dad Reece Morgan, 31, said: “This is the best possible treatment and will give him the best life he can have, and we are so grateful that the NHS is here for him.” Untreated SMA is the leading genetic cause of death for children, and until two years ago there were no treatment options available for youngsters diagnosed with the cruel disease… click here
Conditions in the manufacturing sector improved at an unprecedented rate in May, as output growth strengthened and new orders rose at the quickest pace in the near three decade survey history. Looser pandemic restrictions and high levels of pent-up demand meant that the rapid revival in labour market conditions continued, with staffing levels also rising at a record pace. The seasonally adjusted PMI (Purchasing Managers’ Index) rose to 65.6 in May, up from 60.9 in April, above July 1994’s previous record high of 61.0. The PMI has signalled improvement in each of the past 12 months… click here
Food giant Kraft Heinz is to spend £140m bringing sauce manufacturing back to the UK in what will be one of the biggest investments in UK manufacturing since Brexit. The move will see favourites such as ketchup, salad cream and mayonnaise being made at company’s plant in England for over 20 years. In 1999 production of Heinz Ketchup controversially ended in the UK after 80 years when production moved to the Netherlands. However, the firm said bringing back sauce-making later this year to British shores was “designed to meet the demand from a new generation of UK consumers.” Click here
The G7 has this week agreed to back an historic international agreement on global tax reform which delivers on the Chancellor’s promise for big international companies to start paying their fair share. Chairing the G7 Finance Ministers meeting in London, Rishi Sunak rallied his counterparts to work together to tackle the tax challenges that arise from the global digital economy. Following years of discussions, finance ministers agreed to reforms which will see multinationals pay their fair share of tax in the countries they do business. They also agreed to the principle of a global minimum rate that ensures multinationals pay tax of at least 15% in each country they operate in… click here
In the three months to May, private sector activity across the economy grew at its fastest pace since August 2015 – with a balance of +30% up from just +1% last month. That’s according to the CBI’s latest monthly Growth Indicator. Business and professional services activity grew at a survey record pace (+50% from +5%), while distribution sales (+35% from -8%) and manufacturing output (+18% from +3%) increased at the fastest rates since August 2018 and December 2018 respectively. Expectations are that private sector growth will accelerate even further in the coming three months. If these expectations were to be met, it would be the fastest rate of economic growth on record since October 2003… click here
The United Kingdom has secured a new trade deal with Norway, Iceland and Liechtenstein that will boost critical British sectors like digital, slash tariffs on high-quality British food and farm products and supports jobs in every corner of our country. The deal agreed in principle this week (4th June) is the first time these three European countries have included dedicated chapters on digital trade and small businesses in any trade deal, making it the most advanced they have done to date. Cutting-edge digital provisions mean when British firms export to the three countries, they will be able to do so without a single piece of paperwork. All documents, contracts and signatures can be electronic, allowing goods to move seamlessly across borders and saving businesses time and money… click here
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