Member Info for LSE03

Department of Economy - 3 decisions

Islandmagee Gas Storage Facility approve £150k consultancy expenditure to look at options for public finance interventions.

https://www.itv.com/news/utv/2022-12-16/full-list-of-decisions-awaiting-approval-at-stormont

Freeport in Northern Ireland
The UK government remains committed to exploring how we deliver the benefits of the Freeports programme in Northern Ireland. Engagement with stakeholders from across Northern Ireland is taking place to discuss future opportunities.

https://www.gov.uk/government/publications/uk-freeports-programme-annual-report-2022/uk-freeports-programme-annual-report-2022

https://twitter.com/10DowningStreet/status/1603755707479871489?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

https://amp.theguardian.com/uk-news/2022/dec/15/rishi-sunk-belfast-visit-power-sharing-northern-ireland-protocol

https://m.belfasttelegraph.co.uk/news/northern-ireland/prime-minister-rishi-sunak-to-discuss-shipbuilding-ambitions-at-start-of-two-day-visit-to-northern-ireland-42222694.html

https://www.newsletter.co.uk/news/politics/prime-minister-rishi-sunak-in-northern-ireland-to-mark-award-of-naval-shipbuilding-contract-to-belfasts-harland-wolff-shipyard-3955960

https://www.theguardian.com/uk-news/2022/dec/15/rishi-sunk-belfast-visit-power-sharing-northern-ireland-protocol

https://www.gov.uk/government/news/uk-signs-plan-for-defence-cooperation-with-saudi-arabia

and Irish taxpayer

UK taxpayer is now seeing the direct cost of inadequate gas storage capability.

https://mip-prd-web.azurewebsites.net/

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1061201/_CP_605____National_Shipbuilding_Strategy_Refresh.pdf

This was published in March this year. It provides a vision of the UK Shipbuilding Strategy. I didn't appreciate that it published details of the expected 30 year pipeline ( from Page 19 onwards) so might to be of interest to investors who haven't seen it yet.

Appreciate the article refers to LNG, but think this could potentially open the door for inward investment to Belfast from US sources of finance to support energy transition, gas storage initially and longer term hydrogen, providing enhanced energy security for the island of Ireland and GB.

https://www.forbes.com/uk/advisor/investing/2022/12/06/most-bought-and-sold-shares/

https://www.gov.uk/government/news/uk-and-us-announce-new-energy-partnership

https://www.heraldscotland.com/business_hq/23171665.scottish-national-investment-bank-50m-shipbuilding-backing/

Interesting to see funding deals happening for this type of work

https://parliamentlive.tv/event/index/e1210838-0f88-49ac-9395-ab154bd52f06

https://www.inverness-courier.co.uk/news/national/ben-wallace-royal-navy-supply-ship-contract-will-grow-jobs-at-shipyard-65206/

Also dialogue with MP interesting.