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News Archive


15/10/2024
Record-breaking International Investment Summit Secures £63 Billion And Nearly 38,000 Jobs For The UKThumbnail for article : Record-breaking International Investment Summit Secures £63 Billion And Nearly 38,000 Jobs For The UK
Nearly 38,000 UK jobs are set to be created across the UK after a total of £63 billion of investment was announced around today's International Investment Summit.   Total of £63 billion of private investment committed around International Investment Summit, more than doubling amount secured at 2023 Global Investment Summit.  
15/10/2024
Chancellor Announces New Plans To Secure UK Investment
The Chancellor closes the International Investment Summit promising the government is bringing investment and jobs back to Britain.   In a speech to some of the world's biggest businesses and investors, Rachel Reeves revealed that restoring fiscal stability will be at the centre of her first Budget on 30 October.  
15/10/2024
Technology Partnerships Between The UK And Central And Eastern Europe: Science And Innovation Network Impact StoryThumbnail for article : Technology Partnerships Between The UK And Central And Eastern Europe: Science And Innovation Network Impact Story
Countries in Central and Eastern Europe offer a significant opportunity for science, innovation, and technology partnerships with the UK.   The 9 countries of Central and Eastern Europe (CEE) offer a significant opportunity for science, innovation, and technology partnerships with the UK.  
15/10/2024
Tech Secretary Welcomes Foreign Investment In UK Data Centres Which Will Spur Economic Growth And AI Innovation In BritainThumbnail for article : Tech Secretary Welcomes Foreign Investment In UK Data Centres Which Will Spur Economic Growth And AI Innovation In Britain
Four major tech firms based in the US have committed to the UK as the place to invest in data centres, fuelling Britain's economic growth and spurring on AI development.   The Technology Secretary Peter Kyle has today (Monday 14 October) welcomed the ‘vote of confidence' in Britain made by US firms CyrusOne, ServiceNow, Cloud HQ and CoreWeave, who have announced the UK will be the home for their data infrastructure worth a total of £6.3 billion.  
15/10/2024
The Government Doubles Down On The UKs Superpower In Services
The Government has provided the outlines of its new industrial strategy in a Green Paper released today.  The strategy largely doubles down on the UK's established role as a global services leader.  
15/10/2024
UK Announces Sanctions Against Iranian Military Figures And Organisations Following Attack On Israel
The UK announces sanctions against Iranian individuals and organisations following Iran's continued dangerous and destabilising activity across the Middle East.   the UK announces sanctions against Iranian individuals and organisations following Iran's continued dangerous and destabilising activity across the Middle East.  
15/10/2024
Landmark Collaboration With Largest Pharmaceutical Company
Collaboration announced at International Investment Summit, meeting the PM's ambitions to catalyse investment in the UK, proving the UK is open for business.   The UK's world leading life sciences sector will receive a £279 million boost to tackle significant health challenges, with an intent expressed by Lilly, the world’s largest pharmaceutical company, to invest in the UK, as part of a collaborative partnership with UK Government, announced at the International Investment Summit on Monday 14 October 2024.  
15/10/2024
Mortgage Product Choice Bounces Back
Moneyfacts UK Mortgage Trends Treasury Report data reveals product choice rose month-on-month after falling in the two previous months, and the average shelf-life of a mortgage remained unchanged.   Product choice overall rose month-on-month, to 6,645 options, the first rise since July 2024.  
14/10/2024
Major Investment Deals Set To Be Announced At Government's Inaugural International Investment Summit As PM Vows To Remove Needless Regulation Declaring Britain Open For Business
Billions worth of investments in emerging growth sectors including AI and life sciences, and infrastructure are set to be unveiled by businesses and ministers at the government's inaugural International Investment Summit today 14 October 2024.   Ministers set to unveil billions worth of major investment deals in AI, life sciences and infrastructure.  
14/10/2024
Rachel Reeves Has To Get Her Numbers Right - Richard MurphyThumbnail for article : Rachel Reeves Has To Get Her Numbers Right - Richard Murphy
Have you ever wondered how the national debt is calculated.   Richard Murphy and expert in his field has done the research and It is astonishing.  
14/10/2024
The Seemingly Never-ending Ferry Fiasco As Yet More Delays Follow Audit Scotland Report
The latest Audit Scotland report includes refence to the ferries problems.   The increased costs for MV Glen Rosa have not been subject to sufficient due diligence.  
14/10/2024
Short Term Approaches Don't Address Scotland's Unsustainable Public FinancesThumbnail for article : Short Term Approaches Don't Address Scotland's Unsustainable Public Finances
The latest Audit Scotland view of the Scottish Government's finances makes grim reading.   The Scottish Government must move beyond making short-term savings to balance its budget, and urgently reform to address the public sector's unsustainable finances.  
14/10/2024
UK and Switzerland kick off trade talksThumbnail for article : UK and Switzerland kick off trade talks
UK and Switzerland resume trade talks for an upgraded free trade agreement.   UK and Swiss negotiators to meet for first time since the election to restart negotiations on an upgraded trade agreement.  
13/10/2024
Cutbacks Ahead - Considering The Impact Of Proposed Changes To Disability Benefits On Living Standards And The Public FinancesThumbnail for article : Cutbacks Ahead - Considering The Impact Of Proposed Changes To Disability Benefits On Living Standards And The Public Finances
A Resolution Foundation report published today 13 October 2024 examines some of the changes to benefits already announced by the former chancellor Jeremy Hunt last year.   The new chancellor Rachel Reeves and the Labour government have a huge challenge to sort this one out.  
13/10/2024
Scotland's Former First Minister Alex Salmond Dies Age 69Thumbnail for article : Scotland's Former First Minister Alex Salmond Dies Age 69
Alex Salmond, former first minister of Scotland, died aged 69.   Reports suggest he collapsed on Saturday in North Macedonia.  
13/10/2024
Scottish Start-ups Go Global - Techscaler Entrepreneurs Taking Tech Solutions To Singapore
Twelve Scottish business founders are being given the opportunity to showcase their products and attract international investment in one of the world's biggest tech economies.   As part of a three-week programme in Singapore, developed in collaboration with the Singapore Government and beginning later this month, they will operate out of BLOCK71, which houses more than 1,000 of the city's start-ups.  
13/10/2024
Industrial Strategy Launch To Hardwire Stability For InvestorsThumbnail for article : Industrial Strategy Launch To Hardwire Stability For Investors
Government launches a modern Industrial Strategy and new Advisory Council ahead of International Investment Summit.   The Business Secretary and Chancellor announce steps to deliver long-term growth through a modern Industrial Strategy, including appointing a Chair of the new Industrial Strategy Advisory Council.  
12/10/2024
Check If You Might Be Due to Claim Pension Credit - A Calulator
You can do a quick check if you might be due Pension Credit.   If you need more help, you might be able to use the Pension Credit calculator to check if you're eligible and how much you could get.  
12/10/2024
Are The Rich Going To Leave? - Richard MurphyThumbnail for article : Are The Rich Going To Leave? - Richard Murphy
In the run up to the budget I have seen claims that as many as one in five people are planning to leave the UK because taxes are too high.  If they are, they're in for a shock.  
12/10/2024
Energy Sector Taskforce Unites To Tackle Radio Teleswitch Challenge
Energy suppliers and other stakeholders have committed to working together to replace 800,000 Radio Teleswitch (RTS) meters across the United Kingdom before the service is switched off next summer.   The agreement follows a summit, organised by the energy regulator Ofgem, gathering suppliers and stakeholders including Energy UK and Citizens Advice to find a joint solution to the challenge of migrating households from the ageing technology before the service ends on 30 June 2025.