Manufacturers’ organisation EEF has called on the Government to show strong leadership in safeguarding future energy supply by balancing renewable opportunities with greater investment in nuclear capacity.
Poor weather has led to delays in the deployment of an underwater cable off the Hayle coast as part of the Wave Hub project.
Business and enterprise minister Mark Prisk has today announced a further £1.5 million investment in the development of wave energy technology during a visit to the South West RDA’s Wave Hub project at Hayle.
The headquarters of the Wave Hub, a new £42 million energy project, are to be established in Hayle.
The Cornwall Development Company (CDC) has appointed Colin Molton as its new chief executive.
So with the South West Regional Development Agency (SWRDA) set to be consigned to the dustbin, we are now asking ourselves – what next?
Tough times for SWRDA. Last week the Government confirmed its intentions to scrap the RDAs in preference to setting up Local Enterprise Partnerships (LEPs) in its Budget announcements, and this week it formalised this by writing to Councils and business leaders. It will be wound down by March 2012, with the loss of 320 jobs.
The Government confirmed in yesterday’s Budget its previous announcement that it is to abolish the South West Regional Development Agency (SWRDA).
The South West Regional Development Agency has issued a strong defence of its record following criticism yesterday in Parliament from Business Secretary Vince Cable.
The new Government has a historic opportunity to encourage investment and promote business, the South West Regional Development Agency says in its latest quarterly Economics Review.
North Cornwall MP Dan Rogerson has welcomed the Government’s announcement that it is to “abolish” the Regional Development Agencies.