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News - 23 July 2014

New agriculture research fund

 Prime Minister, David Cameron, has unveiled a fund worth £17.8m aiming to foster innovative agricultural techniques. 

 
Lavinia Newman, Founder of ABDS and a business strategist comments:
“Fifteen UK-led projects will share funding of £12.1m from government and £5.7m from industry. One of them is designed to improve the taste of lamb while reducing waste, while another seeks to boost the quality of strawberries grown without soil.”
 
Mr Cameron also said that all Whitehall departments would buy locally sourced food wherever possible from 2017.
 
"By opening up these contracts, we can help them create more jobs, invest in their businesses and make sure people in our country have a healthier lifestyle," Mr Cameron said.
"It's a triple-win - and will mean a brighter future for our country."
 
Other research projects to benefit from the scheme include an investigation of how to protect peas and beans from beetles without widespread insecticide use, and using technology to detect health and welfare problems for pigs earlier.
 
With the shift on public sector food and drink procurement, the government said it hoped to divert hundreds of millions of pounds from foreign suppliers to UK-based providers.
 
Environment Secretary Liz Truss said: "This move will mean that food served in canteens across the public sector can be more local, seasonal and tastier.
 
If you need any help and advice for your business on Tax, VAT or the implications of Government Funding initiatives, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar to discuss how ABDS can help
 
ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900 E-mail: abds@netaccountants.net
 
Brilliant with numbers  
Great with people  
Clear and precise with advice
Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals
 
Helping Your Business is Our Business

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