What Austerity? £6 Million Subsidy For Electric Supercars

Morgan

With one hand, Whitehall is taking away subsidies from the renewable energy industry. With the other, they are doling out a new £75 million government and industry grant to the electric car market. This handout includes £6 million for specialist car manufacturer Morgan to develop a “hybrid and electric powertrain” for a new sports car. ‘Austerity’ means subsidies for supercars…

The investment isn’t only for flash motors. The funding will also go towards developing eco-friendly white vans. At least that will keep the Shadow Defence Secretary happy…

mdi-timer 26 January 2016 @ 14:47 26 Jan 2016 @ 14:47 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Tech City Funding Pulled

tech city

Digital Dave’s pet technology quango Tech City is on the verge of having its funding pulled following a rift between the Department of Business, Innovation and Skills and Joanna Shields, the chair of Tech City UK. According to Tech World, BIS have finally had enough of dolling out £2 million of taxpayer cash a year to what has turned out to be nothing more than an expensive PR project.

Astonishingly, Innovate UK, another BIS quango will fund Tech City out of their £400m budget. Is there no way to unhook them from the state’s teat?

mdi-timer 12 May 2015 @ 12:12 12 May 2015 @ 12:12 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Cable in Code of Conduct Row

Vince Cable is in trouble after two West London business leaders referred him to the Prime Minister and Cabinet Secretary over an apparent breach of the Ministerial Code of Conduct. The chief executives of West London Business and the Hounslow Chamber of Commerce have written to the PM and Jeremy Heywood after Cable was listed as a speaker at an anti-Heathrow expansion rally in his capacity as Business Secretary:

We are very concerned that the Secretary of State appears to be attending the rally in an official capacity, on behalf of the Government, rather than as constituency Member. This appears to be in direct contravention of Section 1.2 (h) of the Ministerial Code, which states:

“Ministers in the House of Commons must keep separate their roles as Minister and constituency Member”

This activity may also breach other parts of the code, including section 6.5 which urges Ministers to “make clear that they are acting as their constituents’ representative and not as a Minister”.

It is a little naughty of Cable to speak out on Heathrow expansion not as a local MP, but supposedly representing the government. Not like he has form either: this is the same Vince Cable who“declared war” on Murdoch when in charge of media policy. That time he humiliatingly had the brief stripped from him… 

Full Obornian disclosure: You may have noticed some small Heathrow and Gatwick adverts on the site recently. Readers can rest assured they are irrelevant to this story. Guido just doesn’t like Vince Cable.

UPDATE: Sources close to Vince Cable get in touch to say the mistake was the fault of the organisers of the event. As soon as it came to his attention it was corrected.

mdi-timer 25 February 2015 @ 08:36 25 Feb 2015 @ 08:36 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments