Money for maritime firms is up for grabs

streetwise Elizabeth Gullen''File photo dated 24/05/06 of a recent Scottish Power energy bill and money. PRESS ASSOCIATION Photo. Issue date: Tuesday September 15, 2009. Inflation slid to its lowest level in almost five years during August, official figures showed today. The Consumer Prices Index (CPI) fell from 1.8% to 1.6% over the month, according to the Office for National Statistics (ONS). It was last lower in November 2004. Unchanged household ENERGY bills this year compared with big hikes 12 months earlier dragged down the rate of inflation, along with falling food prices, the ONS said. See PA story ECONOMY Inflation. Photo credit should read: Andrew Milligan/PA Wire PPP-171004-100100001

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MARITIME companies can take advantage of a £100,000 pool to promote themselves on the international market.

Portsmouth City Council and Plymouth City Council made a combined bid for the money, which is part of a Great UK Challenge Fund.

Hampshire County Council economy, transport and environment executive member Councillor Seán Woodward said he supported the scheme.

He said: ‘I would urge companies in the marine and maritime sector to consider taking advantage of this funding available to help them promote their business internationally.

‘Having an international presence can give a business a significant advantage, but the costs of attending trade shows can sometimes be off-putting.

‘Winning this funding bid is great news for Hampshire as it will help these businesses build their export market and create more jobs.’

The Great UK Challenge Fund and aims to promote the UK’s south coast marine and maritime industry worldwide. It will enable companies to showcase their businesses at marine and maritime trade shows.