Category Archives: United Kingdom

Press Releases & News from United Kingdom distributed via EuropaWire

Aviva Launches Aviva Clarity to Support Small Scheme De-Risking

(IN BRIEF) Aviva has introduced Aviva Clarity, a streamlined Bulk Purchase Annuity (BPA) service aimed at facilitating market access for smaller pension schemes with assets typically under £100 million. This service underscores Aviva’s commitment to aiding schemes in their de-risking … Read the full press release

EBRD Posts €2.1 Billion Profit in 2023 Following Record Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has reported a profit of €2.1 billion for 2023, marking a significant turnaround from the €1.1 billion losses incurred in 2022 due to the Russian invasion of Ukraine. The bank’s … Read the full press release

EBRD Invests €22 Million to Propel Farmak’s Expansion into Polish Market

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €22 million loan to Ukrainian pharmaceutical giant Farmak Group to facilitate its strategic acquisition of a Polish pharmaceutical company and to upgrade its IT systems. Farmak, a … Read the full press release

EBRD Backs Ukrgasbank with €12.5 Million Facility to Boost Ukrainian Private Sector Amidst War

(IN BRIEF) Amidst ongoing conflict in Ukraine, the European Bank for Reconstruction and Development (EBRD) is providing a €12.5 million unfunded portfolio risk-sharing facility to Ukrgasbank, aimed at unlocking €50 million of fresh financing for the country’s private sector. Signed … Read the full press release

EBRD Extends €50 Million Facility to Oschadbank, Boosting Ukraine’s Private Sector Amidst War

(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release

BMT’s Noel Tomlinson Appointed Vice Chair of SMI Commercial Maritime Group Council

(IN BRIEF) BMT proudly announces the appointment of Noel Tomlinson as Vice Chair of the Society of Maritime Industries (SMI) Commercial Maritime Group (CMG) Council, showcasing his esteemed standing and dedication within the maritime sector. With a wealth of experience … Read the full press release

Saab Secures £60M Contract with UK Ministry of Defence for Live Simulation System Support

(IN BRIEF) Saab has clinched an initial three-year contract, valued at £60 million, with the UK Ministry of Defence (MoD) to provide support for Live Simulation systems featuring Instrumented Live Training (ILT-D). Replacing the previous Direct Fire Weapon Effect Simulator … Read the full press release

EBRD and NBU Forge Partnership to Enhance Veteran Reintegration in Financial Sector

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the National Bank of Ukraine (NBU) have inked a Memorandum of Understanding aimed at bolstering human capital resilience in Ukraine by fostering greater accessibility of war veterans to the … Read the full press release

Peel Ports and E.ON Forge Green Energy Partnership to Revolutionize Port Operations

(IN BRIEF) Peel Ports Group partners with E.ON to initiate ambitious solar and wind projects at the Port of Liverpool, aiming to achieve net-zero emissions by 2040. The collaboration kicks off with plans for the installation of the UK’s largest … Read the full press release

Massy Wood Secures Three-Year Agreement to Enhance Operational Efficiency at Atlantic LNG Facility in Trinidad

(IN BRIEF) Wood’s joint venture company, Massy Wood, has inked a significant three-year deal with Atlantic LNG Company of Trinidad and Tobago (Atlantic) to provide project management and engineering expertise at Atlantic’s liquefaction facility in Point Fortin, Trinidad. As Trinidad’s … Read the full press release

Rolls-Royce Secures Funding for Space Nuclear Power Research

(IN BRIEF) Rolls-Royce has been awarded £1.18 million from Phase 2 of the UK Space Agency’s International Bilateral Fund (IBF) to advance strategic research partnerships within the UK space sector and with emerging space nations. This funding will support collaborative … Read the full press release

Aviva Joins Partnership to Finance 250 Zero Emission Buses Across UK

(IN BRIEF) Rock Rail, the UK Infrastructure Bank, and Aviva Capital Partners have collaborated to establish a funding platform for zero emission bus financier, ‘Rock Road,’ committing an initial £100 million to fund up to 250 zero emission buses and … Read the full press release

Study Reveals High Rates of Repeat Antibiotic Prescriptions for Respiratory Tract Infections in UK Primary Care

(IN BRIEF) A recent study conducted by researchers from the Universities of Bristol and Bath, King’s College London, and University Medical Center Utrecht highlights the concerning prevalence of repeat antibiotic prescriptions for respiratory tract infections (RTIs) within the same episode … Read the full press release

Examining the UK’s Economic Turnaround: Challenges and Solutions

(IN BRIEF) While the British Prime Minister and Chancellor celebrate signs of economic recovery, deeper analysis reveals ongoing challenges for UK households. Despite inflation easing slightly, stagnant growth in average incomes over nearly two decades poses a significant concern. The … Read the full press release

University of Exeter’s Paul Blackmore Honored with Kathy Sims Mentoring Award

(IN BRIEF) Paul Blackmore, Divisional Head for Student Employability and Academic Success at the University of Exeter, has been recognized with the Kathy Sims Mentoring Award at the Global Career Services Summit Awards in Washington DC. The award acknowledges his … Read the full press release

University of Exeter Among Top Targets for Graduate Employers

(IN BRIEF) The University of Exeter has secured the 10th spot in the Times Top 100 Graduate Employers list, indicating its popularity among leading UK national and multi-national companies seeking to recruit graduates. Compiled by High Fliers, the report is … Read the full press release

Breakthrough Study: Single Genetic Test Offers Early Diagnosis for Children with Rare Disorders

(IN BRIEF) A groundbreaking study led by researchers from the University of Exeter, the Wellcome Sanger Institute, and the University of Cambridge introduces a novel approach to genetic testing, potentially revolutionizing the diagnosis of rare developmental disorders in children. By … Read the full press release

AFRY Partners with Koulu Consortium to Enhance Peru’s Education Infrastructure

(IN BRIEF) The Bicentennial Schools Programme, a collaborative effort between the Government of Peru, the UK Government, and Finland, aims to bolster school infrastructure and enhance access to education by constructing 75 schools across Peru. AFRY, as part of the … Read the full press release

AstraZeneca’s Imfinzi Shows Promising Results in Phase III Trial for Small Cell Lung Cancer

(IN BRIEF) AstraZeneca announces positive outcomes from the ADRIATIC Phase III trial, revealing that its immunotherapy drug Imfinzi (durvalumab) demonstrated a significant improvement in overall survival (OS) and progression-free survival (PFS) among patients with limited-stage small cell lung cancer (LS-SCLC) … Read the full press release

Savills Announces Second Two-Day Auction, Showcasing Diverse Property Portfolio

(IN BRIEF) Savills is gearing up for its second two-day auction of the year on April 15th and 16th, in response to high demand for their online live-streamed auctions. The auction will feature a diverse catalog of 280 residential, commercial, … Read the full press release