24 stories found
Business Secretary Jonathan Reynolds has confirmed that a planned levy on companies relocating abroad will not proceed, aiming to reassure innovators and protect academic commercialization.
The UK Business Secretary has argued against the UK rejoining the EU customs union, stating that Labour's 2024 manifesto position on the bloc is the 'absolutely the right one'.
UK Business Secretary Peter Kyle has issued a warning to British pension funds, urging them to invest in the country or face potential government intervention to compel them to do so.
Peter Kyle, the UK Business Secretary, stated he would have vetoed the foreign sale of a British technology giant, as the government outlines its plans to support domestic tech companies.
Business secretary Peter Kyle's ambition for the UK's first $1 trillion firm is deemed honorable, but critics suggest he is overselling the role of state activism and institutions like the British Business Bank and National Wealth Fund.
The UK business secretary, Peter Kyle, is set to meet his European counterpart to raise concerns about the EU's plans to significantly reduce tariff-free imports of British steel, which the UK deems 'devastating'.
Comments by Peter Kyle come on Brussels trip aimed at securing British access to ‘Made in Europe’ scheme
The ex-Labour peer is being questioning after he was alleged to have leaked senstive information to Jeffrey Epstein while he was business secretary
Former Business Secretary Darren Jones contends that increased government expenditure is insufficient to drive long-term economic prosperity in the United Kingdom without complementary structural reforms.
Jonathan Reynolds, the UK Business Secretary, stated that Andy Burnham is seeking a partnership with the private sector. Reynolds also mentioned that the Starmer government shifted its focus from economic growth due to numerous other priorities.
Donald Trump has issued threats of new strikes against Iran if Hezbollah continues its operations in Lebanon, even as US envoy JD Vance engages in talks with Iran on a permanent peace deal in Switzerland. These threats complicate ongoing nuclear negotiations and heighten regional tensions.
During Prime Minister's Questions, Labour leader Keir Starmer and Business Secretary Kemi Badenoch engaged in a heated debate regarding the Labour Party's stance on defence spending. Badenoch accused Starmer of dithering on the issue, while Starmer challenged the government's record.
The UK Business Secretary has outlined strategies Britain must adopt to prevent its leading companies from relocating to Silicon Valley, emphasizing the need to foster a competitive domestic environment.
Former business secretary Peter Mandelson received over £1.5 million for his stake in an advisory firm, including £250,000 for his remaining shares just days before the business went into administration.
The UK Business Secretary has confirmed that the trade deal between the United States and the United Kingdom remains in effect.
Former U.S. ambassador Peter Mandelson faces police investigation over allegations he shared confidential information with Jeffrey Epstein while serving as business secretary.
Italian Prime Minister Giorgia Meloni has reportedly warned UK Business Secretary Kemi Badenoch against making a deal with the Reform party.
UK Members of Parliament have refused to endorse Jayne-Anne Gadhia, the business secretary's preferred candidate and former Virgin Money chief, to lead the accounting regulator.
UK Business Secretary Peter Kyle stated he would have vetoed the foreign sale of a British technology giant, as the government outlines its plans to support domestic tech companies.
Proposed changes to filing rules for small UK companies have sparked a backlash, despite a previous business secretary's vow to avoid imposing such regulations on entrepreneurs.
Andy Burnham has confirmed his intention to run for Labour leader and Prime Minister if he wins the Makerfield by-election. He stated he would seek to enter any Labour leadership contest that arises.
Peter Kyle signs cooperation deal on competition and says there is little nostalgia for pre-Brexit past Europe live – latest updates The British public are “not nostalgic” for the pre-Brexit past but are pragmatic and want to move forward and “deepen” ties with the EU on trade and the economy, the business secretary, Peter Kyle, has said. Signing an agreement in Brussels to cooperate closely on competition issues, Kyle said he thought the deal was “a real vindication of the reset and the re...
Mandelson has been accused of passing on information to deceased sex offender paedophile Jeffrey Epstein when he was business secretary.
Former Business Secretary Vince Cable has called for an investigation into Prince Andrew's time as a trade envoy, following reports that he allegedly shared a confidential Treasury document with a banking contact.