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Economy

Countdown Begins For International Festival of Business 2016

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There are less than 30 days remaining before the start of the International Festival of Business 2016 (IFB2016). The countdown was announced at an exclusive roundtable event at BT Tower in London last week. Britain’s business leaders came together to mark the date.

The roundtable event featured an exhibition including and showcasing British businesses that epitomise the best of “Brand Britain”. They included:

– Balance Me: Family run start-up that has grown into a hugely successful premium, British-made natural skincare business over the last 10 years with results-focused formulas. The brand has won a legion of fans that include Oscar-winning actresses and British Olympians, amassing over 40 industry and media awards


– Brompton Bicycle: Run by IFB2016 ambassador Will Butler-Adams, Brompton designs, produces and globally distributes over 45,000 bikes each year from their UK factory. The company has grown from £2m turnover in 2002 to £33m and exports account for 80% of sales

– Candy Kittens: A gourmet sweets manufacturer founded by Made in Chelsea star Jamie Laing and Ed Williams. The business currently exports to more than 15 markets worldwide, including the US, Malta, Netherlands and Germany

– Cobra Beer: Founded by IFB2016 ambassador Lord Karan Bilimoria, Cobra Beer has grown into a global brand that exports to more than 40 countries and is produced in three locations worldwide

– Kymira: Established in 2013 in the renowned Science and Technology labs at the University of Reading, its combined team of Scientists and Sport’s enthusiasts has developed a range of performance and recovery enhancing sportswear that incorporates its unique, patented KYnergy infrared technology


– M Squared Lasers: One of the UK’s fastest-growing tech firms, the business produces innovative laser products that are used to do everything from treating cancer and developing regenerative medicines, to detecting chemical warfare agents and teleporting information. M Squared was awarded the Queen’s Award for Enterprise last month

Attendees were given an update on the plans for this world’s biggest business event by IFB2016 chair Max Steinberg, with the organisers spelling out what delegates can expect from the festival. Dr. Catherine Raines, CEO of UK Trade & Investment, set out the role IFB2016 will play in the government’s efforts to boost UK exports and encourage inward investment.

Max Steinberg CBE, Chair of IFB2016, said: “IFB2016 is a central part of Britain’s ambition to promote economic growth, rebalance the UK economy, and hit our ambitious exports targets.

“As a showcase of all that’s great about British industry, IFB2016 will shed light on the industries that are fueling the UK in the 21st Century, the businesses that are driving these sectors, and the future stars of British enterprise across Energy and Environment, Creative and Digital and Manufacturing.

“These are businesses that are thriving across the country – firms with the ambition and creativity that embody the spirit of Brand Britain that resonates around the globe. It’s this spirit that will be on full display in Liverpool in just 30 days’ time for the start of the International Festival for Business 2016.”

Dr. Catherine Raines, CEO of UK Trade & Investment, added: “The International Festival for Business 2016 will be the premier event of the business calendar this year and I am proud UK Trade & Investment is partnering with BT and Liverpool Vision on this opportunity.

“I am particularly excited by the UKTI programme, which will bring together UK companies of all sizes, experienced exporters and first timers with buyers and investors around world. From UK Food and drink businesses who want to build their e-commerce capabilities to global investors looking for oil and gas opportunities here in the UK – I am calling on all companies to attend by registering for the IFB2016 Business Club today.” 

Backed by HM Government, IFB2016 will open on Monday 13 June and run for three weeks. It will bring together thousands of global businesses, providing a platform for companies to connect and conduct international commerce.

BT, Google and HSBC are the lead sponsors of IFB2016, with the Festival’s commercial partners including ARUP, DLA Piper, DONG Energy, Heathrow, PwC, Siemens and Virgin Trains.

Economy

A Good Look At How Homes Will Become More Energy Efficient Soon

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energy efficient homes

Everyone always talks about ways they can save energy at home, but the tactics are old school. They’re only tweaking the way they do things at the moment. Sealing holes in your home isn’t exactly the next scientific breakthrough we’ve been waiting for.

There is some good news because technology is progressing quickly. Some tactics might not be brand new, but they’re becoming more popular. Here are a few things you should expect to see in homes all around the country within a few years.


1. The Rise Of Smart Windows

When you look at a window right now it’s just a pane of glass. In the future they’ll be controlled by microprocessors and sensors. They’ll change depending on the specific weather conditions directly outside.

If the sun disappears the shade will automatically adjust to let in more light. The exact opposite will happen when it’s sunny. These energy efficient windows will save everyone a huge amount of money.

2. A Better Way To Cool Roofs

If you wanted to cool a roof down today you would coat it with a material full of specialized pigments. This would allow roofs to deflect the sun and they’d absorb less heat in the process too.

Soon we’ll see the same thing being done, but it will be four times more effective. Roofs will never get too hot again. Anyone with a large roof is going to see a sharp decrease in their energy bills.


3. Low-E Windows Taking Over

It’s a mystery why these aren’t already extremely popular, but things are starting to change. Read low-E window replacement reviews and you’ll see everyone loves them because they’re extremely effective.

They’ll keep heat outside in summer or inside in winter. People don’t even have to buy new windows to enjoy the technology. All they’ll need is a low-E film to place over their current ones.

4. Magnets Will Cool Fridges

Refrigerators haven’t changed much in a very long time. They’re still using a vapor compression process that wastes energy while harming the environment. It won’t be long until they’ll be cooled using magnets instead.

The magnetocaloric effect is going to revolutionize cold food storage. The fluid these fridges are going to use will be water-based, which means the environment can rest easy and energy bills will drop.

5. Improving Our Current LEDs

Everyone who spent a lot of money on energy must have been very happy when LEDs became mainstream. Incandescent light bulbs belong in museums today because the new tech cut costs by up to 85 percent.

That doesn’t mean someone isn’t always trying to improve on an already great invention. The amount of lumens LEDs produce per watt isn’t great, but we’ve already found a way to increase it by 25 percent.

Maybe Homes Will Look Different Too

Do you think we’ll come up with new styles of homes that will take off? Surely it’s not out of the question. Everything inside homes seems to be changing for the better with each passing year. It’s going to continue doing so thanks to amazing inventors.

ShutterStock – Stock photo ID: 613912244

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Economy

IEMA Urge Government’s Industrial Strategy Skills Overhaul To Adopt A “Long View Approach”

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IEMA, in response to the launch of the Government’s Industrial Strategy Green Paper, have welcomed the focus on technical skills and education to boost “competence and capability” of tomorrow’s workforce.

Policy experts at the world’s leading professional association of Environment and Sustainability professionals has today welcomed Prime Minister Teresa May’s confirmation that an overhaul of technical education and skills will form a central part of the Plan for Britain – but warns the strategy must be one for the long term.

Martin Baxter, Chief Policy Advisor at IEMA said this morning that the approach and predicted investment in building a stronger technical skills portfolio to boost the UK’s productivity and economic resilience is positive, and presents an opportunity to drive the UK’s skills profile and commitment to sustainability outside of the EU.


Commenting on the launch of the Government’s Industrial Strategy Green Paper, Baxter said today:

“Government must use the Industrial Strategy as an opportunity to accelerate the UK’s transition to a low-carbon, resource efficient economy – one that is flexible and agile and which gives a progressive outlook for the UK’s future outside the EU.

We welcome the focus on skills and education, as it is vital that tomorrow’s workforce has the competence and capability to innovate and compete globally in high-value manufacturing and leading technology.

There is a real opportunity with the Industrial Strategy, and forthcoming 25 year Environment Plan and Carbon Emissions Reduction Plan, to set long-term economic and environmental outcomes which set the conditions to unlock investment, enhance natural capital and provide employment and export opportunities for UK business.


We will ensure that the Environment and Sustainability profession makes a positive contribution in responding to the Green Paper.”

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