26 h. ago Minister ‘convinced’ of path to sustainability at Grangemouth plant

Government funding of £120 million will be topped up by £30 million from the plant’s owners Ineos.

Politics

42 h. ago Starmer hails Labour’s flagship Employment Rights Bill after climbdown by peers means it is set to become law

Business secretary Peter Kyle praised the ‘landmark legislation’ that will ‘drag Britain's outdated employment laws into the 21st century’

Politics

3 d. ago Business groups urge peers to PASS Labour's workers' rights law

In a joint letter to Business Secretary Peter Kyle, six organisations said that 'now is the time' for Parliament to pass the Employment Rights Bill.

Economics

7 d. ago What will be the cost of Keir Starmer’s new medicines deal with Donald Trump? British lives | Aditya Chakrabortty

More than £3bn that could have been used for UK patients will go to big pharma for its branded products – money for care siphoned off for profitOf Arthur Scargill it was said that he began each day with two newspapers. The miners’ leader read the Morning Star of course, but only after consulting the Financial Times. Why did a class warrior from Yorkshire accord such importance to the house journal of pinstriped Londoners? Before imbibing views, he told a journalist, he wanted “to get the facts”.In that spirit, let us parse a deal just struck by the governments of Donald Trump and Keir Starmer. You may not have heard much about this agreement on medicine, but it is huge in both financial and political significance – and Downing Street could not be more proud. A “world-beating deal,” boasts the science minister, Patrick Vallance. It “paves the way for the UK to become a global hub for life sciences,” claims the business secretary, Peter Kyle, with the government press release adding: ...

Economics

1 week ago Minister demands House of Lords 'back bill' to drag Britain into 21st century

Business Secretary Peter Kyle urged the House of Lords to stop holding up the Employment Rights Bill, which is currently going through 'ping-pong' in Parliament

Politics

2 w. ago UK pulls $1.15bn loan to Mozambique gas project after climate and terror concerns

TotalEnergies scheme became lightning rod for terror in region and was accused of violating human rightsBusiness live –latest updatesThe UK government has pulled a controversial $1.15bn (£870m) loan to a giant gas project in Mozambique that has been accused of fuelling the climate crisis and deadly terror attacks in the region.The business secretary, Peter Kyle, said the UK would withdraw its export finance to the Mozambique liquified natural gas project, five years after it ignited bitter opposition from campaigners over its impact on human rights, security and the environment. Continue reading...

Society

2 w. ago UK pulls $1.15bn support for Mozambique gas project after climate and terror concerns

TotalEnergies scheme became lightning rod for terror in region and was accused of violating human rightsBusiness live –latest updatesThe UK government has pulled a controversial $1.15bn (£870m) package of support to a giant gas project in Mozambique that has been accused of fuelling the climate crisis and deadly terror attacks in the region.The business secretary, Peter Kyle, said the UK would withdraw its export finance to the Mozambique liquified natural gas project, five years after it ignited bitter opposition from campaigners over its impact on human rights, security and the environment. Continue reading...

Society

3 w. ago Budget exposes Labour to charges of being ‘high tax, high welfare’ party

For now Rachel Reeves appears to have reassured many fractious backbench MPs

Economics

3 w. ago Britain is in a 'growth emergency', Business Secretary admits as economic outlook gets WORSE and dismal reality of Labour's handling of economy laid bare ahead of Budget

As the OBR prepared to lay bare the dismal reality of Labour's handling of the economy, Peter Kyle conceded that the nation was suffering from 'low, slow uneven growth'.

Economics

3 w. ago Britain is in a 'growth emergency', Business Secretary admits as dismal reality of Labour's handling of economy laid bare

As the OBR prepared to lay bare the dismal reality of Labour's handling of the economy, Peter Kyle conceded that the nation was suffering from 'low, slow uneven growth'.

Economics

3 w. ago ‘Painful’ UK planning process delaying power supplies for Microsoft projects

Clare Barclay said the company is facing lengthy delays to secure the energy to run a new data centre development in Leeds.

Politics

3 w. ago Business secretary pinpoints lack of funding behind UK brain drain to US

Peter Kyle signals more help for start-ups and companies aiming to ‘scale up’

Economics

3 w. ago People are leaving Britain in droves, we face a 'growth emergency' and Labour's tax bonanza IS driving wealth out of Britain, admits Business Secretary

Business Secretary Peter Kyle said he would not 'duck' the impact of the higher tax burden and decision to abolish non-dom status.

Economics

3 w. ago Labour minister Peter Kyle issues new pledge on workers' rights ahead of Budget

The Employment Rights Bill has been one of the most hotly debated policies announced by Labour, and the task of implementing it has been handed to new Business Secretary Peter Kyle

Politics

3 w. ago Kyle seeks to reassure business over workers’ rights concerns

Business Secretary Peter Kyle promised a series of consultations would listen to firms’ concerns on how the Employment Rights Bill is implemented.

Economics

3 w. ago Labour taxes partly to blame for rich leaving London, admits Business Secretary Peter Kyle

The Cabinet minister admitted that in recent years doctors, entrepreneurs as well as billionaires had left the country

Economics

3 w. ago Cabinet minister admits Labour's tax bonanza IS driving wealth out of Britain

Business Secretary Peter Kyle said he would not 'duck' the impact of the higher tax burden and decision to abolish non-dom status.

Politics

3 w. ago Labour taxes partly to blame for exodus of wealthy from London, says Business Secretary Peter Kyle

The Cabinet minister admitted that in recent years doctors, entrepreneurs as well as billionaires had left the country

Economics

3 w. ago Nigel Farage blasted over 'Russia problem' as minister launches blistering attack

Business Secretary Peter Kyle accused Nigel Farage of 'talking out of both sides of his mouth' as he claimed there is a pro-Russia 'culture' inside Reform UK

Politics

3 w. ago Government must make ‘hard choices and change course’, CBI boss to say

Rain Newton-Smith will tell ministers and business leaders that firms are worried the UK could ‘risk getting locked in a stop-start economy’.

Politics