Falkirk Growth Deal – Investment of £40-million will increase investment, create new jobs and d rive forward economic growth across the local economy by supporting sustainable travel, tourism and energy u nder the U.K. governments levelling across devolved nations #AceFinanceDesk report

#AceFinanceReport – July.26: The UK Government has taken the latest step toward ‘levelling up’ for every part of Scotland by pledging £40 million for the Falkirk Growth Deal – this will boost investment, create new jobs and drive forward economic growth across the area: The deal will see funding directed towards potential projects to boost the local economy by creating skilled jobs and investing in infrastructure improvements to support sustainable travel, tourism and energy: It will also help support the region’s strong chemical manufacturing industry at Grangemouth, securing local jobs and driving forward innovation as we move to a low carbon economy:

Investment of £40 million to unlock Falkirk’s economic potential in levelling up

UK Government announces investment in Falkirk Growth Deal.

Office of the Secretary of State for Scotland

The Falkirk growth deal is the 11th UK deal in Scotland. To date, the deals have set out support for numerous sectors across Scotland, including:

  • north-east Scotland looking to become a global centre for expertise on decommissioning and sustainability
  • the Borders region boosting tourism through the mountain biking centre
  • Inverness Castle being transformed
  • robotics and forensics attracting cutting-edge tech businesses to Scotland’s universities
  • Scotland’s engineering legacy being reborn through new advanced manufacturing and aerospace clusters

Scottish Secretary Alister Jack said:

We know that City Region and Growth Deals will be vital to Scotland’s economic recovery from coronavirus. The Falkirk Growth Deal will enable the regional economy to innovate, boosting investment and providing sustainable, high-quality jobs.

The pandemic has called for extraordinary economic measures, and the UK Government has done everything we can to support jobs and businesses. We have supported 900,000 jobs in Scotland with our furlough and self-employed schemes, including 18,500 in Falkirk.

This new deal brings the UK Government’s investment in growth deals across Scotland to £1.46 billion.

We look forward to working with our partners in Falkirk and the devolved administration in Scotland to develop innovative and effective proposals.

Background: The UK Government’s Coronavirus Retention Scheme is supporting 15,500 jobs in Falkirk and the Self-Employment Income Support Scheme has 3,000 recipients with payments worth £8.9 million issued locally.

#AceFinanceDesk report ………..Published: July.26: 2020:

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

DWP Universal Credit Report: Confirmation that over a million households will soon receive a one-off lump sum of £149 in their bank accounts: The lump sum payment will be paid to those switching from one of the legacy benefits that Universal Credit is replacing (See list below or sign in via link) AceFinanceDesk repor t

#AceFinanceReport – July.26: Universal Credit is a payment to help with your living costs. It’s paid monthly – or twice a month for some people in Scotland .You may be able to get it if you’re on a low income, out of work or you cannot work:

Universal Credit

Contents

Government Digital Service

This guide is also available in Welsh (Cymraeg).

If you live in Northern Ireland, go to Universal Credit in Northern Ireland.

If you already get other benefits

Universal Credit is replacing the following benefits:

  • Child Tax Credit
  • Housing Benefit
  • Income Support
  • income-based Jobseeker’s Allowance (JSA)
  • income-related Employment and Support Allowance (ESA)
  • Working Tax Credit

If you currently get any of these benefits, you do not need to do anything unless:

  • you have a change of circumstances you need to report
  • the Department for Work and Pensions (DWP) contacts you about moving to Universal Credit

If you get tax credits, they will stop when you or your partner applies for Universal Credit. Check how tax credits and Universal Credit affect each other.

Severe disability premium

You cannot claim Universal Credit if you either:

  • get the severe disability premium, or are entitled to it
  • got or were entitled to the severe disability premium in the last month, and you’re still eligible for it

If you have a change of circumstances that affects the severe disability premium or your other benefits, report it and you’ll be told what to do next.

Sign in

Sign in to your Universal Credit account if you already have one.

#AceFinanceDesk report…………………Published: July.26: 2020:

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

JETCO Meeting Report: International Trade Secretary Liz Truss and Minister Piyush Goyal agreed to explore opportunities for expanding and deepening our trade relationship: This will include an Enhanced Trade Partnership as the first step on a wider roadmap for a deeper trade partnership, and subject to progress could lead to a future Free Trade Agreement #AceFinanceDesk report

#AceFinanceReport – July.25: Trade between the UK and India was worth £24 billion last year alone, and India is now the second-largest investor in the UK economy: The UK’s International Trade Minister Ranil Jayawardena also raised the ambition to remove barriers for businesses across a range of sectors including food and drink, healthcare and life sciences, IT and data, chemicals and services:

UK and India agree deeper trading relationship at cabinet level summit

Today the UK and India held the 14th Joint Economic and Trade Committee (JETCO).

  • Both countries agreed to develop a deeper trading relationship. Subject to progress, this could lead to a future Free Trade Agreement.
  • The UK’s new Global Tariff will bring benefits of up to £40m per year for Indian exporters, assuming all duties are levied.

Work has been underway to reduce barriers to trade since both countries completed a Joint Trade Review in 2018: The UK’s new Global Tariff (UKGT) schedule serves as a ‘building block’ towards an increasingly open trade partnership. Assuming all tariffs are levied, the UKGT could boost trade flows by reducing tariffs on Indian exports by up to £40m per year. Alongside this, UK companies have secured recognition and registration of polyhalite, a multi-nutrient fertiliser mined in the UK, which will enable UK exports and help Indian farmers to increase crop yields while supporting a cleaner, greener and sustainable environment. Increasing investment in each other’s markets is more important than ever as both economies seek to recover from the impact of Covid-19: At today’s meeting, the UK and India agreed to work towards removing additional barriers, and to work together to ensure both countries maximise the potential of their digital economies including on data regulation and interoperability.

International Trade Secretary Liz Truss said:

My first JETCO with India has been an opportunity to take stock of progress made so far between our countries and look at barriers preventing our trading relationship from reaching its full potential. India is an incredibly important partner for the UK. As one of the world’s largest economies and democracies, it is a powerhouse that will play a major role in shaping the 21st Century. Today we agreed to look in detail at a framework for a deeper relationship. At this stage we want to keep all options on the table, including the possibility of a free trade agreement as some point in the future.

UK’s International Trade Minister Ranil Jayawardena also led a business plenary during the JETCO, organised by the UK India Business Council (UKIBC). Ministers spoke with UK and Indian businesses about our shared ambition to deepen our economic and commercial partnership with India.

International Trade Minister Ranil Jayawardena said:

The United Kingdom and India share a strong and enduring bond, strengthened by a modern trading relationship. It’s clear from today that there are huge opportunities to deepen our relationship with India. We want to knock down existing trade barriers, create more good jobs and encourage innovation between two of the greatest democracies in the world. I’m pleased to see our shared ambition in the spotlight today as we boost our trading relationship.

Sir Philip Barton, High Commissioner to India, said:

India and the UK are, in PM Modi’s own words, an “unbeatable combination”. That’s particularly true when it comes to trade and investment, where there is huge potential to unlock existing barriers to trade. I look forward to further strengthening our ambitious partnership in coming years to deliver jobs and prosperity for both economies.

Further Information

  • The UK-Indian JETCO has been meeting for over 15 years, making it the UK’s longest standing meeting of its kind.
  • British and Indian investments are supporting over half-a-million jobs in each other’s economies.
  • There are 842 Indian companies in the UK, employing more than 110,000 people, which together raised almost £41 billion in revenue last financial year. The combined revenue of Indian companies in the UK has grown by 87% in the last five years.
  • Since 2016 Indian firms have raised £11.5 billion in masala, dollar and green bonds on the London Stock Exchange.
  • The UK is the second fastest growing G20 investor in India over the last 10 years, investing over £22 billion and helping create more than 422,000 jobs. In turn, India is now the second-biggest investor in the UK – with 120 new projects and over 5,000 new jobs in 2019-20.

Media

For media queries, please contact:

Sally Hedley, Head of Communications
Press and Communications, British High Commission,
Chanakyapuri, New Delhi 110021. Tel: 24192100

#AceFinanceDesk report ……………Published: July.25: 2020:

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

GOVUK Ministry of Defence Report: Gibraltar squadron to receive two cutting-edge Fast Patrol Craft A £9 .9 million contract has been signed with Merseyside-based Marine Specialised Technology (MST) for two new bo ats to replace the Gibraltar Squadron Fast Patrol Craft #AceFinanceDesk report

The six-year contract, which will support 30 jobs and create a further 25, will see construction of the two boats beginning in July 2020 and will take approximately 18 months, with Boat 1 due to be delivered in Q3 2021/22 and Boat 2 in Q1 2022/23 ….The remainder of the contract will provide an additional four years of local In-Service Support: Both boats will be used to patrol HMNB Gibraltar and British Gibraltar Territorial Waters (BGTW)……….They will also support British exercises and operations in the area and will keep close watch over Gibraltar’s shores………………….Putting technological advancement at the fore, the vessels will demonstrate UK sovereignty of Gibraltar as well as providing force protection to designated visiting UK and Allied military vessels:

Gibraltar squadron to receive two cutting-edge Fast Patrol Craft

A £9.9 million contract has been signed with Merseyside-based Marine Specialised Technology (MST) for two new boats to replace the Gibraltar Squadron Fast Patrol Craft.

Ministry of Defence

Defence Minister Jeremy Quin said:

These new vessels will enable the Royal Navy to maintain the security of British Gibraltar Territorial Waters and protect British, NATO and Allied ships transiting through the region.

This contract will also support highly skilled jobs across the UK which clearly demonstrates how national security and regional prosperity go hand in hand.

The two new boats will replace the Gibraltar Squadron Fast Patrol Craft, HMS Pursuer and Dasher: These two Archer-class vessels very recently took over from HMS SABRE and HMS SCIMITAR, the Scimitar Class vessels that had been in service in Gibraltar for 17 years: The vessels are being built at MST’s boatyard on Merseyside and has created 25 new jobs as well as sustaining 30 current jobs as part of the £9.9 million contract:

Mark Milsom, Project Manager for DE&S Boats Team, said:

There has been a British Armed Forces presence in Gibraltar for more than a hundred years and these boats will ensure we maintain an important capability to the Royal Navy and our armed forces, as well as playing a pivotal role in patrolling our coastline, protecting domestic waters and supporting maritime interests.

These boats will provide the Royal Navy Gibraltar Squadron with a modern, fast and effective capability for fulfilling their important role.

#AceFinanceDesk report ……..Published: July.24: 2020:

Editor says #AceNewsDesk reports by https://t.me/acenewsdaily and all our posts, also links can be found at here for Twitter and Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

Actions you need to take now to export goods to the EU from 1 January 2021.

The process for exporting goods to the EU will change. Businesses in Great Britain need to complete the following actions to continue exporting to EU countries from 1 January 2021.

Great Britain is England, Wales and Scotland. Guidance on moving goods into, out of and through Northern Ireland will be added to GOV.UK in the coming weeks.

Sterling Publishing & Media News, [Jul 23, 2020 at 15:25] Services https://ift.tt/300pUZH

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

The British High Commission Maseru is inviting NGOs and established community-based organisations to bid for small grant funding of up to M100,000 for COVID-19 projects

The British High Commission Maseru is inviting NGOs and established community-based organisations to bid for small grant funding of up to M100,000 for COVID-19 projects:
Published: https://ift.tt/2OKkaxE & Telegram: Sterling Publishing & Media News, [Jul 22, 2020 at 13:06] https://t.me/SterlingPublishingPanel/620030

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#AceFinanceDesk – China has applauded the resumption of trade relations between Afghanistan and Pakistan after land crossings between the two neighboring countries were opened following a temporary closure under the #COVID19 crisis

““China supports the extension of the China–Pakistan Economic Corridor to Afghanistan, which will bring more BRI (China’s Belt and Road Initiative) benefits to the Afghan people,” Chinese Foreign Ministry’s spokesperson Hua Chunying said in a media briefing on Thursday.”

Published: July.17: 2020: https://t.co/MDJxBOyH8y

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#AceFinanceDesk …… Negative U.S. interest rates could be the norm next year and all through to 2023 if fed funds futures are any indication. Or it could just be traders hedging their bets according to ReutersBiz

“Fed funds futures have implied negative rates next year on-and-off since May, when the contracts priced them for the first time. They flipped back to show positive rates, but over the past month, futures contracts at different points have again signaled negative rates as early as spring 2021.”

Published: July.16: 2020: https://t.co/aEAOcWQHkr

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#AceFinanceDesk …….. European passenger car sales slumped in June compared to a year ago but showed an improvement since May with the easing of #coronavirus lockdown measures across the region, industry data showed on Thursday ReutersBiz report

“In June, new car registrations dropped by 24.1% year-on-year to 1,131,843 vehicles in the European Union, Britain and the European Free Trade Association (EFTA) countries, statistics from the European Auto Industry Association (ACEA) showed.”

Published: July.16: 2020: https://t.co/ZmDGHT21hx

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#AceFinanceDesk …………..Nordic banks are the first in Europe to report second quarter earnings and so far have defied gloomy predictions, with Norway’s DNB also topping forecasts

““The bank’s credit quality remains good,” Handelsbanken said on Wednesday, adding loan losses in the quarter were the lowest in years. “Household lending, household deposits and corporate deposits continued to exhibit stable growth.””

ReutersBiz: Published: July.15: 2020: https://t.co/1E1LrZ69B8

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com