UK: CONCERN AT FALL IN SPENDING ON R&D
Article Abstract:
The UK's competitive edge may be impaired by the continuing declined in research and development (R&D) spending within the defence and aerospace markets, according to the Foresight Directorate. The report points out that between 1976 and 1996, R&D funding in the UK declined in real terms by 35%, noting that Nato nations' budget of US$ 10bn is US$ 16bn less than the US budget. The government taskforce believes that small and mid-sized businesses are deterred by the rule that entails the government only funding 50% of R&D schemes on condition that industry provides half the funding as well. The report calls for the abolition of this rule. The report warns that the failure to reverse the R&D trend would lead to high quality jobs within the defence and aerospace markets arena being lost, as international businesses enhance knowledge capability outside the UK.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: BAE TARGETING GB[pound] 400MN COST SAVINGS
Article Abstract:
BAe Systems, UK defence and aerospace group, is hoping to achieve cost savings of GB[pound] 400mn by 2003 from buying the defence electronics arm of GEC. BAe originally forecast savings of GB[pound] 275mn but if cost savings of GB[pound] 400mn is achieved then senior executives will get share options worth two times their salary. If savings are between GB[pound] 275mn and GB[pound] 400mn then options will be granted on a sliding scale.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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I'm Mandy, fly me (if you dare, that is)
Article Abstract:
There has been considerable publicity about aircraft safety, with some observers warning that certain types of aircraft are unsafe and that the skies are dangerously overcrowded. However, it is important to remember that air travel is in fact very safe. In 1998, there were a total of eight fatal accidents to Western-built jet aircraft, with 737 people being killed. In contrast, 3,421 people died in road accidents in the UK alone.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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- Abstracts: UK: RISE IN SPENDING ON LEISURE. UK: XS LEISURE WITHOUT EXCESS PROFITS. UK: SHARE DROP FOR ALLIED LEISURE
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