BUSINESS Secretary Vince Cable announced new investment in UK hi-tech start-up firms as he praised cutting-edge research in Oxfordshire yesterday.

He was at the Satellite Applications Catapult in Harwell, which is home to several small businesses specialising in Global Information Systems (GIS) and other technology used in space satellites.

Dr Cable said the Catapult, one of seven Government-funded centres around the UK, would be joined by another two centres in 2015-16, but did not reveal a location.