Business leaders have welcomed the government's modern Industrial Strategy - a 10-year plan to promote growth. Business leaders from across the UK have welcomed the government's modern Industrial Strategy.
Moving away from the Ofgem fixed price cap and towards a flexible system of energy pricing - where costs vary according to region and time of day – could reduce the price of electricity by 4p/kWh by 2040, offering households savings of £200 a year, on average. But this approach also means families taking on more price risk, according to new Resolution Foundation research published today (Tuesday24 June 2025).
The Chief Statistician has released figures on 2024-25 provisional outturn and 2025-26 budget estimates for revenue and capital expenditure on services provided by local authorities. In 2024-25, net revenue expenditure on local authority services was provisionally reported as £15,760 million in 2024-25 and budgeted as £16,239 million for 2025-26.
Carney Launches New Era of EU-Canada Partnership at Brussels Summit with Call for Unity, Defence, and Climate Action Canadian Prime Minister Mark Carney delivered a wide-ranging and impactful speech at the EU-Canada Summit press conference in Brussels on 23 June 2025. Opening with his trademark humor.
Government publishes its Clean Energy Industries Sector Plan to ensure the clean energy revolution is built in Britain. Government publishes landmark plan to capture the immense jobs and growth opportunities of the clean energy economy.
Von der Leyen Unveils Ambitious EU-Canada Alliance: From Defense to Digital Integration. European Commission President Ursula von der Leyen presented the results of the 2025 EU–Canada Summit as a major leap forward in transatlantic cooperation, highlighting the new security and defense partnership as a milestone agreement.
Thousands of creative professionals and businesses across the UK are set to benefit from a new £380 million investment package as part of the Creative Industries Sector Plan. £380 million in targeted funding to support innovation, access to finance, R&D, skills and regional growth across the UK as part of Creative Industries Sector Plan.
Government's Industrial Strategy, announced today, puts fusion energy at the heart of driving innovation, economic growth and energy security. The UK is investing £2.5 billion over 5 years to lead the global race for fusion energy, with the STEP programme at its core.
Ambitious new initiative between regulators and major ports operators. A new initiative to streamline marine licensing to support sustainable growth, clean energy and the UK's future infrastructure whilst safeguarding the seas around our shores, has been launched.
More than 6,000 high school pupils will be eligible for free school meals from the beginning of the next school year, further supporting the Scottish Government's national mission to eradicate child poverty. This trial phase of the free school meals programme will see S1 to S3 pupils in receipt of the Scottish Child Payment, who attend selected schools in eight local authority areas, receive a nutritious and healthy meal.
Education Secretary Jenny Gilruth has confirmed up to £40 million funding in principle for the Scottish Funding Council (SFC) to support the University of Dundee's recovery. Funding will be provided to the SFC over two academic years or three financial years.
A landmark agreement between the UK and Ukraine to share battlefield technology has been reached today, boosting Ukraine's drone production and linking up the UK's defence industry with the cutting-edge technology being developed on the front lines in Ukraine. A landmark agreement between the UK and Ukraine to share battlefield technology has been reached boosting Ukraine’s drone production and linking up the UK’s defence industry with the cutting-edge technology being developed on the front lines in Ukraine.
Scotland's Chief Statistician today released the latest annual Council Tax Reduction statistics. In March 2025, Scotland’s Council Tax Reduction scheme supported 458,120 households (a decrease of 0.7% from 461,550 in March 2024).
Industrial Strategy sets out a ten-year plan to boost investment, create good skilled jobs and make Britain the best place to do business. Electricity costs for thousands of businesses to be slashed by up to 25%.
New taskforce and £54m fund will attract world-class researchers and their teams to the UK and comes ahead of the launch of government's modern Industrial Strategy. Global talent taskforce launched to attract world's exceptional talent to relocate to the UK, supporting the success of our Industrial Strategy sectors.
England's stark regional wage inequalities are driven by the places where people work, and not just by the people who work in different places as earlier studies have suggested. This should prompt a rethink about how policy makers can address these divides, according to ground-breaking new research published today (Monday 23 June 2025) by the Resolution Foundation.
Borrowing - the difference between total public sector spending and income - was £17.7 billion in May 2025; this was £0.7 billion more than in May 2024 and the second-highest May borrowing since monthly records began in 1993, after that of May 2020. Borrowing in the financial year to May 2025 was £37.7 billion; this was £1.6 billion more than in the same two-month period of 2024 and the third-highest April to May borrowing since monthly records began, after those of 2020 and 2021.
The Foreign Office is inviting vulnerable British nationals in Israel and the Occupied Palestinian Territories (OPTs) to register their interest in a flight to help them depart. the UK is preparing a flight to transport vulnerable British nationals and their dependants out of Israel and the OPTs early next week.
Is there a path to peace in the Middle East? In this video, I unpack the issues and suggest that current leadership is failing. .
Major sporting events and grassroots sport across the UK to benefit from over £900 million in funding, as part of government's Plan for Change . More than £500 million to support delivery of world class major sporting events hosted in the UK, including UEFA EURO 2028, Tour de France and Tour de France Femmes Grand Departs 2027.