4 h. ago Clyde shipbuilding 'thriving' thanks to UK Government investment in defence

Ian Murray welcomed the announced the Scottish Government-owned shipyard at Port Glasgow to build part of a new Royal Navy frigate.

Politics

1 week ago British Business Bank back in the spotlight with £10bn UK growth mandate

Louis Taylor, CEO of state-owned lender, targets investment in eight key UK sectors as he prepares defence at Covid inquiryLouis Taylor is caught between two eras. The chief executive of the British Business Bank (BBB) has spent much of his tenure attempting to revive the state-owned lender’s image after a battering from the fraud-hit pandemic loan scheme under the last government, and will soon have to defend its actions at the Covid inquiry.But until then, he can focus on the BBB’s gleefully landed fresh £10bn mandate linked to the centrepiece industrial strategy Labour hopes will boost a flagging economy as it nears the end of its first year in power. Continue reading...

Economics

1 week ago Czech arms maker slashes interest costs as investors pile into defence sector

CSG, which supplies ammunition to Ukraine, capitalises on rush of enthusiasm for industry with €1.8bn bond deal

Economics

1 week ago Big British Bank back in the spotlight with £10bn UK growth mandate

Louis Taylor, CEO of state-owned lender, targets investment in eight key UK sectors as he prepares defence at Covid inquiryLouis Taylor is caught between two eras. The chief executive of the British Business Bank (BBB) has spent much of his tenure attempting to revive the state-owned lender’s image after a battering from the fraud-hit pandemic loan scheme under the last government, and will soon have to defend its actions at the Covid inquiry.But until then, he can focus on the BBB’s gleefully landed fresh £10bn mandate linked to the centrepiece industrial strategy Labour hopes will boost a flagging economy as it nears the end of its first year in power. Continue reading...

Economics

2 w. ago Trump ‘flying into big success’ at Nato summit, claims Rutte who praises his ‘decisive action’ in Iran – Europe live

US president shares screenshot of congratulatory text message from Nato chief as he travels to summit in The HagueAnalysis: Summit set to be triumphant for Trump but deflating for UkraineWhittaker also says that he is expecting US president Donald Trump “might deliver some remarks” on his views on the summit, as he stresses that “we need to make sure that everyone’s investing in the common defence of the Alliance.”“I don’t want to sort of steal what he might say, nor do I claim to be able to read his mind and know what he’s going to say. But I think he has demonstrated through, again, decisive action leading to peace.”“And again, that’s good for Europe, because there’s been a lot of irregular flows of migrants through Europe, from the Middle East because of the instability. And so hopefully, with Syria now appearing to be stable, with Iran, maybe in check a little more than they had been, I think we could really see a generational moment here where the Middle East is more stable tha...

Politics

2 w. ago Unthinkable Russia should outproduce us, Nato’s Rutte says, as summit waits for arrival of Trump – Europe live

Nato secretary general urges alliance to push for military investment before arrival of US president this eveningAnalysis: Summit set to be triumphant for Trump but deflating for UkraineWhittaker also says that he is expecting US president Donald Trump “might deliver some remarks” on his views on the summit, as he stresses that “we need to make sure that everyone’s investing in the common defence of the Alliance.”“I don’t want to sort of steal what he might say, nor do I claim to be able to read his mind and know what he’s going to say. But I think he has demonstrated through, again, decisive action leading to peace.”“And again, that’s good for Europe, because there’s been a lot of irregular flows of migrants through Europe, from the Middle East because of the instability. And so hopefully, with Syria now appearing to be stable, with Iran, maybe in check a little more than they had been, I think we could really see a generational moment here where the Middle East is more stable than...

Politics

2 w. ago ‘US is here to stay’, says Trump’s Nato representative, at ‘most consequential moment in alliance’s history’ – Europe live

US permanent representative to Nato says country ‘not going anywhere’ before Donald Trump visit to summitAnalysis: Summit set to be triumphant for Trump but deflating for UkraineWhittaker also says that he is expecting US president Donald Trump “might deliver some remarks” on his views on the summit, as he stresses that “we need to make sure that everyone’s investing in the common defence of the Alliance.”“I don’t want to sort of steal what he might say, nor do I claim to be able to read his mind and know what he’s going to say. But I think he has demonstrated through, again, decisive action leading to peace.”“And again, that’s good for Europe, because there’s been a lot of irregular flows of migrants through Europe, from the Middle East because of the instability. And so hopefully, with Syria now appearing to be stable, with Iran, maybe in check a little more than they had been, I think we could really see a generational moment here where the Middle East is more stable than it has ...

Politics

2 w. ago Murder investigation launched after 'defenceless' grandfather beaten to death in west London home

Family of John Murray say ‘we are struggling to comprehend why someone would harm a 75-year-old defenceless man in his own home’

Events

3 w. ago Louise Casey criticises ‘public irresponsibility’ of officials over grooming gang race data – UK politics live

Casey tells MPs she was surprised to be asked to re-engage with issue 10 years after her Rotherham report but says it was right decisionGrooming gangs in UK ‘thrived in culture of ignorance’Casey says in the past government has talked relentlessly about the need for better data sharing between departments.But she says there is a need to consider making this mandatory.I was there when the tragedy of Soham happened. We knew at that point that if we had had better data sharing there’s a possibility that we might have saved those girls’ lives. There’s certaintly an absolute clarity that intelligence would have been much faster in either avoiding it or or actually finding that dreadful human being earlier.And we’ve known that forever onwards. And so I think there is also an issue that the Home Office can’t drag their feet on, looking at police intelligence systems, given we’ve living in the 21st century. Probably everbody in this room can connect within seconds. Yet we had Befordshire po...

Politics

3 w. ago Flood defences to receive £7.9bn investment over next decade

Ministers said the money will be spent on rolling out high-performance flood barriers as well as nature-based solutions such as wetland restoration.

Economics

3 w. ago ‘Hundreds of people’ could deserve jail over grooming gangs cover

Chris Philp, the shadow home secretary, says there was deliberate action by some police, council leaders, social workers and prosecutors to hide abuseStarmer launches new grooming gangs investigationIn a recent report the Commons defence committee said that the armed forces covenant, a legal promise to veterans saying that they should not lose out when accessing government services because of their service in the military, should be extended. It said:While some people had positive experiences to share, a worrying number [of veterans] felt that the covenant had been ineffective—or worse yet, had been disregarded—when they had cited it. As a result, many continued to face disadvantages as a result of their service in areas like healthcare, education, employment and welfare .We welcome the government’s intention to extend the covenant legal duty, which currently requires some public service providers to give due regard to the covenant’s principles when providing certain housing, health...

Events

4 w. ago Rachel Reeves pledges more 'jobs in Scotland' as Chancellor announces record £52 billion for Holyrood

"We are renewing Britain," the Chancellor told MPs as she announced huge investment in the defence industries on the Clyde and at Rosyth.

Economics