In November 2010, government announced in its skills strategy paper, Skills for Sustainable Growth, the establishment of a Growth and Innovation Fund (GIF) of up to £50 million a year. Government have produced a prospectus setting out how eligible organisations can apply to the investment element of GIF, with employer-led proposals to raise skill levels and business performance. The investment fund has up to £25 million available in each of the next two financial years for applications in response to this prospectus, which invites applications under three strands: Best Market Solutions, National Skills Academies and Joint Investment Programme. Government intends to invite applications to the investment fund annually from 2011 through to 2013.
SMMT on Twitter
- We'll be discussing the future of motoring taxes and new car CO2 emissions in our webinar on 6 May. Register here: https://t.co/erleBjHMVZ
- SMMT Update is out! News this week from @JLRPR #ukmfg @ONS http://t.co/i0AJekcBeN
- Stolen vehicles down 70% in a decade, as SMMT calls for more detailed theft tracking http://t.co/jx0wMg4HVE
New car registrations
Find monthly new car registration data and in-depth analysis here.