Oxford Flow react to Spring Budget 2024

"The Chancellor's recent announcement, earmarking additional funds for its Green Industries Growth Accelerator to support enhancing the UK's manufacturing sector, marks a positive step in the right direction in our journey towards meeting net-zero ambitions. This funding is not just a financial boost – it’s a signal to the industry and the market that the shift towards cleaner energy practices is not just necessary, but inevitable. It underscores the government's recognition of advanced manufacturing as a cornerstone in building a resilient economy poised for the challenges of tomorrow. This isn’t just about meeting targets; it’s about setting an example that substantial change is possible with the right investments and innovation, and the UK should be at the centre of that global shift."

Oxford Flow designs and manufactures innovative pressure control equipment for oil and gas, industrials, hydrogen, biogas and more. Engineered to be more compact and lighter than conventional technology, Oxford Flow’s control valves and regulators eliminate the most common points of failure and ultimately eliminate emissions and leaks.

 

Read the article online at: https://www.worldpipelines.com/business-news/06032024/oxford-flow-react-to-spring-budget-2024/