Since 2000 the Department for Business, Innovation and Skills (the Department) and its predecessors have invested public money, alongside private investors, in a series of funds managed by private sector fund managers. The funds provide support to small businesses unlikely to receive support from other sources. The programme currently comprises 28 funds. By December 2009 taxpayers had contributed £338 million, alongside £438 million from private investors. The Department's intervention in the venture capital market was experimental and risky, yet it did not set clear, prioritised objectives for the funds, including the expected economic benefits, and did not set targets at the outset for expected rates of return. The Department did not begin to properly evaluate the progress of its early funds until late 2008 and, to the concern of the Committee, did not publish any information on the funds until December 2009. The evidence suggests that the funds are underperforming. As at December 2008 the Regional Venture Capital Funds, the largest category of early funds, showed negative returns and the average rate of return was minus 15.7 per cent whilst private European venture capital funds of a similar size had an average rate of return of minus 0.4 per cent. The Department has not done enough to curtail the high costs of managing the funds. Fees for the Regional Venture Capital Funds have totalled £46 million compared to the £130 million invested. Substantial fees have been paid to fund managers even though the performance of the funds has been poor.
In this document the Government sets out a programme of action designed to position the UK as a long-term leader in communications, creating an industrial framework that will fully harness digital technology. The UK's digital dividend will transform the way business operates, enhance the delivery of public services, stimulate communications infrastructure ready for next-generation distribution and preserve Britain's status as a global hub for media and entertainment. This approach seeks to maximise the digital opportunities for all citizens. The report contains: (1) an analysis of the levels of digital participation, skills and access needed for the digital future, with a plan for increasing participation, and more coherent public structures to deal with it; (2) an analysis of communications infrastructure capabilities; (3) plans for the future growth of creative industries, proposals for a legal and regulatory framework for intellectual property and proposals on skills and investment support and innovation; (4) a restatement of the need for specific market intervention in the UK content market, with implications and challenges for the BBC and C4 Corporation and other forms of independent and suitably funded news; (5) an analysis of the skills, research and training markets, and what supply side issues need addressing for a fully functioning digital economy; (6) a framework for digital security and digital safety at international and national levels and recognition that a world of high speed connectivity needs a digital framework not an analogue one; (7) a review of what all of this means for the Government and how digital governance in the information age demands new structures, new safeguards, and new data management, access and transparency rules.
This White Paper represents the ambition of Government to promote innovation across society as a tool to develop and generate economic prosperity and improve the quality of life throughout the UK. The policies include proposals about how Government can use procurement and regulation to promote innovation in business and make the public sector and public services more innovative. The White Paper is in 10 chapters: The role of government; demanding innovation; supporting business innovation; the need for a strong and innovative research base; international innovation; innovative people; public sector innovation; innovative places and the innovation nation: next steps. An Annex sets out the development of this White Paper. Published alongside the White Paper is 'Implementing "The Race to the Top": Lord Sainsbury's review of Government's science and innovation' (ISBN 9780108507175). Lord Sainsbury's review published in October 2007 (HM Treasury, ISBN 9781845323561, http://www.hm-treasury.gov.uk/media/5/E/sainsbury_review051007.pdf) and also relevant is the 2008 Enterprise Strategy (http://www.hm-treasury.gov.uk/media/E/3/bud08_enterprise_524.pdf)
Current policy is that new duties will be staged in between 2012 and 2016, requiring all employers to designate a pension scheme into which all of their employees, aged between 22 and state pension age, should be automatically enrolled, so long as they are earning above an annual earnings threshold (the Pensions Act 2008 sets this at £5,035, equivalent to £5,732 in today's terms). Upon automatic enrolment, a minimum of eight per cent of earnings within a band would be contributed to the pension, with at least three per cent coming from the employer. This policy is designed to maximise private pension saving by individuals without imposing compulsion. The right to opt out will remain. This review looks at the scope of automatic enrolment and whether a new national pension scheme (National Employment Savings Trust or NEST) needs to be put in place for it to work. One of the most significant recommendations that it makes is that people should only be automatically enrolled once they reach the income tax threshold (which will increase to £7.475 in 2011) but that contributions should be on earnings in excess of the National Insurance earnings threshold (£5,715 in today's prices). There should be no changes to age thresholds and automatic enrolment duties should apply to all employers, regardless of size, as now. Employers should be given three months before auto-enrolment to ease the burden on companies. If staff choose to enrol before the three month period then companies will have to make contributions
The Government's response is to back the majority of the Panel's conclusions and work on their recommendations has already begun. The report stated that elitism in the professions and a lack of focus on careers in schools mean that bright young people from middle class as well as lower income backgrounds are being shut out from professional jobs. The Panel chaired by Alan Milburn MP, concluded that without action to address Britain's closed shop mentality, tomorrow's generation of talented young people will miss out on a new wave of social mobility. There were over 80 recommendations in the final report with social mobility to be the top social policy priority. This response includes plans to raise aspirations by focusing on four factors that impact on people's life chances: the care and development of children in their early years, the quality of our schools, continued and high quality education and training post 16 and the skills our workforce.
The Coalition Government is committed to ending child poverty. This consultation document asks how the government can best reflect the reality of child poverty using a multidimensional measure. The most recent child poverty statistics revealed a large reduction in the number of children living below the relative poverty threshold. However, this was largely due to a fall in the median income nationally that pushed the poverty line down. Absolute poverty remained unchanged and the children who were "moved out" of poverty were in fact no better off than before. This document considers a number of potential dimensions: income and material deprivation, worklessness, unmanageable debt, poor housing, parental skill level, access to quality education, family stability and parental health. This consultation seeks views on the specifics of each dimension as well as whether the government should include other dimensions in a multidimensional measure of child poverty along with technical questions about how to build a measure
This update is based on the five themes in the original September 2006 inquiry report: antisemitic incidents, antisemitic discourse, sources of contemporary antisemitism, antisemitism on campus and addressing antisemitism. The All Party Inquiry acknowledges that antisemitism remains a factor in the life of the Anglo-Jewish community. The police and other bodies have become better at dealing with violence, poisonous threats and the desecration of synagogues and cemeteries. It has not been easy to make such good progress where antisemitism is less explicit and where there is lazy acceptance of Jewish stereotypes. The number of antisemitic incidents in the UK remains a cause for concern. The 2009 figure was abnornally high due to reactions to the action taken by Israel in Gaza. The Government is clear that it is unacceptable that feelings about the conflict in the Middle East should create a climate of opinion where British Jews are attacked and threatened both verbally and physically. While recognising that the events in the Middle East will impact on other communities, this can never justify hostility towards citizens of this country. A key success has been the agreement by the Department for Education to fund the counter-terrorism security needs of Jewish faith schools within the state sector. Also the agreement for all police forces to record antisemitic hate crimes and publication for the first time of the official statistics. There has also been progress in tackling antisemitism on the internet. However there are still two areas which remain of concern and a need of further work: hate material on the internet and antisemitism and political tensions on campus and to ensure continuing attention the Government commits the Cross-Government Working Group to Tackle Antisemitism to meeting quarterly to monitor progress.
Building Engagement, Building Futures sets out the Government's strategy to improve the opportunities for young people so they gain the skills they need to secure an apprenticeship or employment. It includes radical reforms to schools, vocational education, skills and welfare provision, and has five priorities for action: (1) Raising attainment in school so that young people have the skills to compete in the global economy; (2) Helping local partners provide services that support all young people, putting the UK on track to achieve full participation for 16-17 year olds by 2015. (3) Encouraging employers to offer more high quality apprenticeships and work experience places; (4) Ensuring that work pays and giving young people the personalised support they need to find it, through Universal Credit, the Work Programme and the Get Britain Working measures; (5) Putting in place a new Youth Contract worth almost £1 billion over the next three years.
This White Paper sets out proposals to tackle the effects of the recession and to get back to full employment. Its aims are to give young people a chance to a better start to their working lives and to help more people back to work and make sure they are better off in work, to keep them in work and to build a fair and family-friendly labour market
This report, made by the Secretary of State for Communities and Local Government, sets out the determination for the financial year 2011/12 of the amount of Revenue Support Grant for that year, what amount of the grant he proposes to pay to receiving authorities and what amount of the grant he proposes to pay to the specified body. The report also sets out the basis on which the Secretary of State proposes to distribute among receiving authorities the amount which falls to be paid to such authorities for the year 2011/12 under Part V of the Local Government Finance Act 1988. It also sets out the specification of the amount arrived at under paragraph 9 of schedule 8 to the 1988 Act and, under paragraph 10 of that schedule, the basis on which the Secretary of State proposes to distribute among the receiving authorities the distributable amount for 2011/12
This White Paper, entitled "Creating growth, cutting carbon: making sustainable local transport happen", sets out the Government's aims in meeting two key objectives: (i) to help create growth in the economy; (ii) tackling climate change by cutting carbon emissions. Action at the local level is seen as delivering gains at the national level. For example, around every three trips made by car are less than 5 miles in length, and it could be argued many such trips could alternatively be cycled, walked or undertaken by public transport. The Government sees the encouragement of sustainable travel choices benefiting the economy, cutting carbon and contributing to road safety and public health. The new Local Sustainable Transport Fund aims to help local authorities to encourage people to travel sustainably. The publication is divided into nine chapters with one annex, and looks at the following areas: local transport - choices and implications; decentralising power - enabling local delivery; enabling sustainable transport choices; active travel; making transport more attractive; managing traffic to reduce carbon and tackle congestion; local transport in society.
Section 1 of the Child Poverty Act 2012 requires the Government to report on whether or not the target to reduce the number of children living in relative income poverty by half by 2012/11 from a 1998/99 base was met. This report finds that the target was not met: although the number of children living in relative income poverty reduced to 2.3 million, that figure is 600,000 short of the number required to meet the target. Despite some progress, not enough parents were able to move into work and progress in work. Work did not pay as well as it should, and the proportion of poor children who came from working households increased. Not all poor families received the financial support they were entitled to because the system was complicated and unclear. The fact that the target was not met, despite significant financial transfers, demonstrates that poverty does not have easy answers. Whilst income matters, child poverty will not be eradicated by income transfers alone. The root causes of poverty must be tackled: worklessness, poor educational attainment, health and high levels of personal debt. The Government is setting up a new Child Poverty and Social Mobility Commission to hold Government and other institutions to account on progress in improving social mobility and reducing child poverty. The Child Poverty Strategy will: intervene early to support children and strengthen families; drive up educational achievement and make work pay.
The Annual Energy Statement 2013 sets out the government's priorities in delivering the UK's energy policies in the near term: helping households and businesses take control of their energy bills and keep their costs down; unlocking investment in the UK's infrastructure that will support economic growth; playing a leading role in efforts to secure international action to reduce greenhouse gas emissions and tackle climate change. It presents plans to make switching simpler and quicker, and a new probe into energy firms' accounts, to make them more transparent on profits and prices, as well as increasing penalties for market manipulation and regularly checking that the market is working properly
In January 2009, the Government established High Speed Two Ltd (HS2 Ltd) to consider the options for a new high speed rail network in Britain, starting with a costed and deliverable proposal for a new line from London to Birmingham. HS2 Ltd's report concludes that there is a strong business case for a new London to Birmingham line, and sets out detailed recommendations for the design of its route, together with a range of options for how it might be extended to serve other conurbations. The Government has evaluated these proposals in respect of their costs and benefits for enhancing capacity and connectivity in a sustainable way, which is its key strategic objective for inter-city transport. It has also considered other realistic options for meeting the UK's inter-urban capacity needs over the next 30 years, including carrying out a detailed analysis of the potential costs and benefits of major improvements to existing rail and road networks. This Command Paper sets out both the Government's response to HS2 Ltd's recommendations and its assessment of the case for an initial core British high speed rail network. The Government proposes to begin formal public consultation in the autumn, to cover three key issues: HS2 Ltd's detailed recommendations for a high speed line from London to the West Midlands; the strategic case for high speed rail in the UK; the Government's proposed strategy for an initial core high speed rail network.
This plan sets out the Government's belief that the low carbon transformation can be a major driver of economic growth and job creation - in the UK, in Europe and globally. In it the UK Government makes clear that: it wants to build on the strengths of the Kyoto Protocol, and is open to extending that agreement as a way of getting the legal deal needed; it is in favour of strengthening the UN decision making process that was so frustrating at Copenhagen; it is pushing for the EU to increase its plans to cut emissions in line with comparable moves elsewhere, supporting the European Commission's work to identify the practical steps that would be required to implement a 30 per cent reduction target. The Action Plan builds on the Copenhagen Accord, in which countries have put forward actions that, if delivered in full, would see global emissions peak before 2020.
The Government recognises that many lifestyle-driven health problems are at alarming levels: obesity; high rates of sexually transmitted infections; a relatively large population of drug users; rising levels of harm from alcohol; 80,000 deaths a year from smoking; poor mental health; health inequalities between rich and poor. This white paper outlines the Government's proposals to protect the population from serious health threats; help people live longer, healthier and more fulfilling lives; and improve the health of the poorest. It aims to empower individuals to make healthy choices and give communities and local government the freedom, responsibility and funding to innovate and develop ways of improving public health in their area. The paper responds to Sir Michael Marmot's strategic review of health inequalities in England post 2010 - "Fair society, healthy lives" (available at http://www.marmotreview.org/AssetLibrary/pdfs/Reports/FairSocietyHealthyLives.pdf) and adopts its life course framework for tackling the wider social determinants of health. A new dedicated public health service - Public Health England - will be created to ensure excellence, expertise and responsiveness, particularly on health protection where a national response is vital. The paper gives a timetable showing how the proposals will be implemented and an annex sets out a vision of the role of the Director of Public Health. The Department is also publishing a fuller story on the health of England in "Our health and wellbeing today" (http://www.dh.gov.uk/prod_consum_dh/groups/dh_digitalassets/@dh/@en/@ps/documents/digitalasset/dh_122238.pdf), detailing the challenges and opportunities, and in 2011 will issue documents on major public health issues.
This white paper sets out proposals for a detailed programme of action to repair damage done to the environment in the past, and urges everyone to get involved in helping nature to flourish at all levels - from neighbourhoods to national parks. The plans are directly linked to the groundbreaking research in the National Ecosystem Assessment that showed the strong economic arguments for safeguarding and enhancing the natural environment. They also act on the recommendations of 'Making Space for Nature', a report into the state of England's wildlife sites, led by Professor John Lawton and published in September 2010, which showed that England's wildlife sites are fragmented and not able to respond to the pressures of climate change and other pressures we put on our land. Key measures proposed include: i) Reconnecting nature with New Nature Improvement Areas (NIAs) with a £7.5 million fund for 12 initial NIAs, biodiversity offsetting, New Local Nature Partnerships with £1 million available this year, phasing out peat, ii) Connecting people and nature for better quality of life with Green Areas Designation, better urban green spaces; more children experiencing nature by learning outdoors, strengthening local public health activities, the new environmental volunteering initiative "Muck in 4 Life" to improve places in towns and countryside for people and nature to enjoy and iii) Capturing and improving the value of nature with a Natural Capital Committee; an annual statement of green accounts for UK Plc, a business-led Task Force to expand the UK business opportunities from new products and services which are good for the economy and nature alike.
One year ago the Department for Work and Pensions published the White Paper, "Social Justice: transforming lives" (Cm.8314, ISBN 9780101831420) which set out a new vision for supporting the most disadvantaged families and individuals across the UK. One year on, the Government believes achieving social justice requires a sweeping cultural change, spanning not only families and individuals, but also public services and the way the Government itself funds them. The publication consists of six chapters: Chapter 1: Supporting families; Chapter 2: Keeping young people on track; Chapter 3: The importance of work; Chapter 4: Supporting the most disadvantaged adults; Chapter 5: Delivering social justice; Chapter 6: Conclusion.
This report unveils proposals for the biggest programme of reform in the education and health support for children with special educational needs (SEN) and disabilities in 30 years. The Government wants to fundamentally reform the SEN system to address problems including: parents having to battle to get the support their child needs; SEN statements not joining up education, health and care support; children falling between the gaps in services or having to undergo multiple assessments; multiple layers of paperwork and bureaucracy adding delays to getting support, therapy and vital equipment; confusing and adversarial assessment process, with the perceived conflict of interest where the local authority must provide SEN support as well as assess children's needs; too many children are being over-identified as SEN, preventing them from achieving their potential because teachers have lower expectations of them. The Government proposes to: include parents in the assessment process and introduce a legal right, by 2014, to give them control of funding for the support their child needs; replace statements with a single assessment process and a combined education, health and care plan so that health and social services is included in the package of support; ensure assessment and plans run from birth to 25 years old; replace the existing complicated School Action and School Action Plus system with a simpler new school-based category to help teachers focus on raising attainment; overhaul teacher training and professional development; inject greater independence from local authorities in assessments; give parents a greater choice of school and the power to set up special free schools
This report examines the contribution that corporate reporting of greenhouse gas (GHG) emissions makes to the UK meeting its climate change objectives. Current research shows that businesses are considering their environmental impact at the highest level. 62 per cent of FTSE all-share companies reported quantified figures on climate change or energy use in their 2009 annual reports. Measuring emissions, then reporting, enables enabling target-setting which leads to emissions reductions. There is significant and growing interest from investors in GHG emissions data and investor pressure is one of the main drivers for reporting. Though there are costs in the reporting process, the research found additional benefits for companies in areas such as reputation, brand value, improving investor relations and being able to respond to shareholder requests.
The Government is putting in place policies aimed at driving down energy bills for consumers, reducing input costs for industry, cutting carbon emissions and contributing to a more competitive economy. Electricity demand reduction (EDR) measures are a crucial part of delivering potential. Already developed policies include the flagship Green Deal and new domestic Energy Company Obligation. These, together with the deployment of smart meters, are expected to reduce electricity consumption by nearly 6.5TWh by 2030. In addition, the Green Investment Bank will support access to finance and, in time, audits required under the new EU energy efficiency directive will further reduce demand. However, the Department believes that above and beyond existing policies, it should be possible to reduce demand even further. If a 10% electricity demand reduction could be achieved, this could result in electricity system costs savings in the region of £4 billion in 2030. This consultation opens up a range of options to unlock the energy savings that are currently embedded in the system and seeks views on a number of market-wide financial incentives. Publishing simultaneously to the consultation are a consultation summary document (Cm. 8492, ISBN 9780101849227); Electricity market reform policy overview (Cm. 8498, ISBN 9780101849821); Energy security strategy (Cm 8466, ISBN 9780101846622); Annual energy statement 2012 (Cm. 8456, ISBN 9780101845625); and Statutory security of supply report (HC 688, session 2012-13 ISBN 9780102980691)
The demographic and social changes of the last 30 or 40 years have been profound and have led to much greater diversity in family patterns. But the evidence is clear that it is strong, stable relationships between adults in the home - parents, grandparents and other caring adults - and among all these adults and the children in a family, that have the biggest impact on children's happiness and healthy development. This Green Paper sets out a wide range of measures to support all families as they bring up their children and to help families cope with times of stress and difficulty. The Paper's proposals aim to influence factors that can strengthen or weaken family life, such as the choices available about balancing employment with bringing up children; and how welcoming and accessible public services are to families of all kinds. It focuses mostly on supporting family relationships by enabling families to help themselves. It also considers the position of children and other family members when family relationships have broken down. Chapters include: Introduction; families today; what government is already doing to support families and family relationships; bringing up children; building strong family relationships and dealing with relationship pressures and breakdown; family relationships and employment; the role of public services; consultation questions and conclusions.
England's school system performs below its potential and can improve significantly. This white paper outlines action designed to: tackle the weaknesses in the system; strengthen the status of teachers and teaching; reinforce the standards set by the curriculum and qualifications; give schools back the freedom to determine their own development; make schools more accountable to parents, and help them to learn more quickly and systematically from good practice elsewhere; narrow the gap in attainment between rich and poor. The quality of teachers and teaching is the most important factor in determining how well children do. The Government will continue to raise the quality of new entrants to the profession, reform initial teacher training, develop a network of "teaching schools" to lead training and development, and reduce the bureaucratic burden on schools. Teachers will be given more powers to control bad behaviour. The National Curriculum will be reviewed, specifying a tighter model of knowledge of core subjects so that the Curriculum becomes a benchmark against which school can be judged. Schools will be given more freedom and autonomy, the Academies programme extended and parents will be able to set up "Free Schools" to meet parent demand. Accountability for pupil performance is critical, and much more information will be available to aid understanding of a school's performance. School improvement will be the responsibility of schools, not central government. Funding of schools needs to be fairer and more transparent, and there will be a Pupil Premium to target resources on the most deprived pupils.
This memorandum provides a preliminary assessment of the Climate Change Act 2008 ch. 27 (ISBN 9780105427087) The Act aims to create a legislative framework for the effective management and delivery of policies to tackle climate change, in particular by: a). establishing an economically credible emissions reduction pathway to 2050, by putting into statute medium and long-term targets and a system of carbon budgets; b). providing greater clarity and predictability for industry to plan effectively for, and invest in, a low-carbon economy; c). providing a strong evidence base and expertise to underpin statutory targets; d). establishing a duty on the Government regularly to assess the risks to the UK from climate change and draw up a programme to address them; and e. creating a power for the Government to require a range of public authorities or statutory bodies to assess and address the impacts of climate change. The memorandum concludes that the Act has created an effective legislative framework and is structured to provide a degree of flexibility, setting a framework to motivate and enable policy action without being too prescriptive about how the framework should be applied. This is required to address the inherent unpredictability around future emissions projections and to ensure that mitigation is not unnecessarily costly. In this vein, the Climate Change Act allows for a carbon budget level to be amended if it appears to Government that there have been significant changes affecting the basis on which the previous decision was made
In July 2012, the Government consulted on its strategy for aviation, the draft Aviation Policy Framework. This final Aviation Policy Framework will fully replace the 2003 Air Transport White Paper (Cm.6046, ISBN 9780101604628) on aviation, alongside Government decisions following the recommendations of the Independent Airports Commission, established September 2012. The Aviation Policy Framework is underpinned by two core principles: (i) Collaboration: achieved by working together with industry, regulators, experts, local communities to identify workable solutions; (ii) Transparency: decision making based on clear, independent information and processes. The Framework Policy covers the following areas: (1) Supporting growth and benefits of aviation; (2) Managing aviation's environmental impacts, such as climate change and noise pollution; (3) The role of the Airports Commission; (4) Other aviation objectives, including: protecting passenger' rights; competition and regulation policy; airspace; safety; security and planning.
This paper is published alongside the Government white paper "Caring for our future: reforming care and support" (Cm. 8378, ISBN 9780101837828). The draft Bill takes forward the recommendations of the Law Commission report on adult social care (Law Com. 326, HC 941, session 2010-12, ISBN 9780102971682) which concluded that existing care and support legislation was outdated and confusing, making it difficult for people who need care and support, and carers, to know what they are entitled to and for local authorities to understand their responsibilities. The Bill will: modernise and consolidate the law, clarify entitlements; support broader needs of local communities; simplify the care and support system and processes. Key provisions include: statutory principles which embed the promotion of individual well-being; clear legal entitlements; everyone, including carers, should have a personal budget as part of their care and support plan; duties to ensure care and support continues when a person moves to a different local authority area; a new statutory framework for adult safeguarding. Others sections cover the establishment of Health Education England and the Health Research Authority, and allow for the abolition (subject to consultation) of the Human Fertilisation and Embryology Authority and Human Tissue Authority.
The UK has the potential to be world leader in innovation. The strength of UK universities and the wider knowledge base is a national asset being the most productive in the G8. But the challenges are great. To succeed in the global innovation economy, the UK must strengthen its ability to accelerate the commercialization of emerging technologies, and to capture the value chains linked to these. We have already made clear our commitment by maintaining the annual £4.6 billion budget for science and research programmes, with £150 million each year support university-business interaction. The UK's universities are increasingly collaborating with each other and with external organization to develop and commercialise knowledge, last year securing over £3 billion from external sources. This paper outlines a series of measures to make it easier for individuals, businesses and the public sector to innovate alone or in partnership. As part of a package of support the Government is relaunching the popular Smart brand and will increase the funding to the Technology Strategy Board. Research Councils UK will establish a principles-based framework for the treatment and submission of multi-institutional funding bids. Also the Government will continue to look for other ways to encourage more relationships between universities and business and will work with NESTA to establish a price centre to run, design and facilitate new inducement prices. The Government has also commissioned independent groups of academics and publishers to review the availability of published research, and to develop action plans for making this freely available. It will also create an Open Data Institute to develop semantic web technologies.
Lord Heseltine, 'No stone unturned: in pursuit of growth' (available at http://www.bis.gov.uk/assets/biscore/corporate/docs/n/12-1213-no-stone-unturned-in-pursuit-of-growth) made 89 wide-ranging recommendations to the Government, across areas of public policy that affect economic growth. Today, the Government announced it is accepting the overwhelming majority of these recommendations and setting out how the Government is addressing the priorities Lord Heseltine identified, equipping the UK to compete and thrive in the global race. At the heart of this is action to reverse excessive centralisation, freeing local areas from Whitehall control and giving businesses and local leaders the power and the funding to do what they need to achieve their potential. The Government will create a new Single Local Growth Fund from 2015 that will include the key economic levers of skills, housing and transport funding, with full details set out at the forthcoming Spending Round. It will also harness the power of competition to get the best from places, negotiating a local Growth Deal with every Local Enterprise Partnership (LEP), with the allocation of the Single Local Growth Fund reflecting the quality of their ideas and local need. This is a something-for-something deal and local areas will be challenged to put in place the right governance across local authorities, pool resources, and find match funding from the private sector. £2.6 billion has already been allocated through the Regional Growth Fund, forecast to deliver and safeguard 500,000 jobs and £13 billion of private investment
Globalisation refers to the process of growing interdependence between the economies and businesses of different countries, with the ever increasing movement across national boundaries of goods, services, investment finance and jobs. This White Paper considers the Government's policy approach towards international trade and investment, based upon its commitment to sustainable development and in the context of an enlarged EU. It addresses the implications of globalisation both nationally and internationally, and sets out the Government's vision of a world trading system which is fair as well as free for all. It contains three sections which focus on: i) the internationalisation of business, markets and production, EU developments, and the experience of developing countries; ii) how to ensure the UK economy benefits from globalisation; and iii) the role of trade and investment in global poverty reduction, including the Doha Development Agenda, market liberalisation in developing countries, international regulation, agricultural trade and development, environmental protection and labour standards, promoting corporate social responsibility, and improving the functioning of the World Trade Organization.
This report provides a summary of the recent contribution of the Department for International Development to delivering the Millenium Development Goals. It includes details by country describing progress made and DFID's contribution. It discusses aims for bilateral and multilateral aid and the statistical information on monies spent
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