PUBLISHED: 09:47 17 April 2019 | UPDATED: 09:47 17 April 2019 James Carr Bernard Matthews factory. Picture: ANTONY KELLY Archant Norfolk 2017 Each year millions of pounds of taxpayers’ cash is given to businesses to create new jobs and boost the Norfolk economy. Bernard Matthews factory. Picture: ANTONY KELLYThe New Anglia Local Enterprise Partnership (LEP) has dished out £20m through its Growing Business Fund (GBF) since 2013 to provide firms with a helping hand.But after we revealed a Chinese food firm awarded £600,000 of public cash by the LEP has failed to build a factory and create the 50 new jobs it pledged questions have been raised about the scheme's effectiveness.MORE: Couple's anniversary plans ruined after sudden pub closureDecisions on who gets the money are made behind closed doors but a Freedom of Information request from this newspaper can reveal which businesses are benefiting the most from … [Read more...] about Which Norfolk businesses are receiving taxpayers’ money – and why?
Boost business funding
The wages, productivity, and work satisfaction of blue-collar Americans are rising fast under President Donald Trump’s high pressure, low-immigration economy, says a new report by the blue chip Conference Board. The report on blue-collar workers says:We expect labor markets to continue to tighten in the coming years, which will only apply more wage and price pressures across the economy. Industries that employ large shares of blue-collar workers, such as agriculture, mining, utilities, construction, manufacturing, transportation, accommodation and food services, repair, maintenance, and personal care services, are strongly affected. As baby boomers continue to retire, the number of people without a bachelor’s degree in the working-age population is projected to rapidly shrink through 2030. The report says the problem is being caused by a shortage of blue-collar workers, saying “the share of the working-age population with a bachelor’s degree is solidly … [Read more...] about Business Group: Labor Shortages in Trump’s Economy Boost Blue-Collar Voters
Online Friday kicks off with 5,000 promotional products Online Friday 2018 officially kicked off on December 7, with 5,000 products at promotional prices of 0 VND or with prices reduced by 80 to 90 percent, according to event organiser the Vietnam E-commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade. Around 3,000 businesses registered to join the programme. Around 120,000 buyers can access the website onlinefriday.vn or the Online Friday app at the same time. Many big brands participate such as Samsung, Jetstar, Vinamilk, Lazada, Shopee, Tiki, Lotte, Adayroi, The gioi di dong (Mobile World), Yes24, FPTshop and ViettelStore. Delivery businesses such as VnPost, Nijavan, Lalamove and Snailship would support firms by reducing delivery costs for the event. Twenty banks will join in cash-back programmes to help customers use card payments. To ensure product and service quality, the organiser told firms to provide certificates of origin. The organiser … [Read more...] about BUSINESS NEWS IN BRIEF 9/12
The ambulance service is to get a cash boost of £6.5 million to help get paramedics on the road more quickly.Health minister Matthew Hancock made the announcement on a visit to Medway Maritime Hospital, saying that it would help improve response rates.Unions have questioned the investment, saying that it does not go far enough to make up for what it called “chronic underfunding” of the service in the last 10 years.Mr Hancock said the South East Coast Ambulance Service would help quickly turn around ambulances so paramedics are more readily available to help patients.Matt Hancock, Health and Social Care Secretary said: “The ‘make-ready hubs’ allow ambulance trusts to improve turnaround times for their ambulance fleets by using specialist staff and facilities to quickly restock, refuel and clean ambulances, getting them back on the road faster and maximising paramedic time with patients.”Daren Mochrie, chief executive of South East Coast Ambulance … [Read more...] about Health Secretary’s cash boost for ambulances
Nov 25, 11:05 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury National By Lou Whiteman 11/25/18 AT 10:34 PM The military strength of the United States has "eroded to a dangerous degree," creating a "crisis of national security" that can only be rectified with increased Pentagon spending, according to a new report commissioned by Congress. It's a sobering message for the American public, but also one that highlights the opportunities ahead for top military contractors.This article originally appeared in the Motley Fool.In a 116-page report, the National Defense Strategy Commission, a bipartisan group put together in July 2017 to assess the military's overall capability, put the blame on various targets. They include lawmakers (who, the commission said, have played politics with funding requests and have favored pet projects over military needs) and the Pentagon itself, for an outdated culture and a lack of spending … [Read more...] about Lawmakers Are Urged To Boost Military Spending Or Face Dire Consequences