Treasury chucks extra £100m at marine technology

Chancellor George Osbourne and Danny Alexander, Chief Secretary to the Treasury, have announced renewables in Scotland will gain an extra £100 million of funding. George Osbourne said: “Today the UK Government is making sure that it gives certainty to the renewable sector in Scotland by providing an additional £100 million in funding. The UK Coalition […]

Eurozone deal boosts markets as confidence starts to return

Confidence has returned to the markets as shares rose after European leaders agreed a deal with regard to the debt crisis. The eurozone agreed to expand the bailout fund and banks have accepted a 50% loss on Greek debt in exchange for recapitalisation. Leaders from all 27 European Union countries cut a deal to help […]