A 17 page document titled ‘Think Ahead, Act Together’, was revealed at the G7 summit today in Bavaria, which aims to phase out fossil-fuel use by 2100. The document included a limit on increases in global temperatures to a maximum of 2C, a pledge to raise $100bn (£65bn) in annual climate financing by 2020 and commitment to the recommended IPCC target of reducing GHG emissions at the upper end of a range of 40% to 70% by 2050.
Chancellor’s budget contains funding for new rail infrastructure and tax cuts for oil & gas
The 2016 budget, delivered on Wednesday, contains significant tax breaks for the UK’s North Sea oil and gas industry, with...
Government announces plans to fast-track local fracking bids
Local councils will now be given a period of 16 weeks to decide whether fracking can go ahead in their...
Airbus warns against UK exit from EU
President of Airbus UK, Paul Kahn, is the latest industry head to give his views on the impending EU referendum...
Boss of JCB favours UK exit from the EU
The boss of construction giant JCB, Lord Bamford, has claimed that the UK can exist “peacefully and sensibly on its...
Poll reveals engineers manifesto thoughts
According to a poll by Matchtech, engineers are dissatisfied with the lack of political attention on growth within the engineering...
Tech sector business activity index at lowest since 2013
The technology sector business activity index has fallen to its lowest since 2013, at 55.7. However, it has also been...
Manufacturing trade body questions Labour’s business rates pledge
EEF, the UK manufacturing trade body, has questioned whether the Labour Party’s pledge to reduce business rates will include small...
BIS sets out plans to boost British manufacturing
BIS Ministers have announced a raft of measures aimed to improve house manufacturing, which will be part of the £104m project led...