3 w. ago New industrial strategy is a 'huge opportunity' for businesses in West Lothian

Energy costs will be slashed by a quarter for eligible manufacturers

Politics

3 w. 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

3 w. 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

3 w. ago Car makers call for planned easing of electricity costs to go further

Proposed relief on standing charges was included in the Industrial Strategy published on Monday.

Politics

3 w. ago UK takeover scrutiny to be relaxed as part of industrial strategy

Rules that govern checks on security-sensitive deals will be rewritten

Politics

3 w. ago British state is ‘feeble and overbearing’, Starmer says as he unveils industrial overhaul

In the Industrial Strategy published on Monday, the Government has backed UK industries it thinks have the potential to grow

Politics

3 w. ago Murray hails ‘brilliant opportunities’ of UK Government’s industrial strategy

The Scottish Secretary Ian Murray was full of praise for the industrial strategy which was revealed by Sir Keir Starmer on Monday.

Politics

3 w. ago Flight evacuating British nationals from Israel has departed, says Foreign Office – UK politics live

Foreign secretary David Lammy says further flights will follow in the coming daysBy the way, if you actually wanted to read the Modern Industrial Strategy document published by the government today, you can find it here.The government has just pushed out a joint statement from business leaders welcoming it, which says:The Industrial Strategy launched today marks a significant step forward and a valuable opportunity for the business community to rally behind a new vision for the UK – boosting confidence, sentiment, and enthusiasm for investment.From start-ups and small businesses to large corporates, businesses need a more attractive, stable environment that enables faster, easier, and more certain investment decisions.For too long high electricity costs have held back British businesses, as a result of our reliance on gas sold on volatile international markets.As part of our modern industrial strategy we’re unlocking the potential of British industry by slashing industrial electrici...

Politics

3 w. ago Business news live: Oil prices drop despite strikes on Iran, Industrial Strategy reaction and FTSE 100 falls

Stock markets latest updates and business news on Monday

Economics

3 w. ago British state ‘overbearing’ ministers say as they lay out industrial overhaul

In the Industrial Strategy published on Monday, the Government has backed UK industries it thinks have the potential to grow.

Politics

3 w. ago Business news live: Oil prices climb after strikes on Iran, Industrial Strategy reaction and FTSE 100 latest

Stock markets latest updates and business news on Monday

Economics

3 w. ago Net Zero levies will be slashed by Labour to cut energy bills for struggling businesses 'to stop them going bust'

The plan, which could cut bills by up to 25 per cent, forms a key part of Sir Keir Starmer 's 10-year industrial strategy which he hopes will address stuttering economic growth.

Economics

3 w. ago ‘High energy costs have held back businesses’, says Miliband as government announces industrial strategy – UK politics live

Prime minister says 10-year industrial strategy marks ‘turning point for economy’ as energy secretary says government will cut electricity costs for businessesBy the way, if you actually wanted to read the Modern Industrial Strategy document published by the government today, you can find it here.The government has just pushed out a joint statement from business leaders welcoming it, which says:The Industrial Strategy launched today marks a significant step forward and a valuable opportunity for the business community to rally behind a new vision for the UK – boosting confidence, sentiment, and enthusiasm for investment.From start-ups and small businesses to large corporates, businesses need a more attractive, stable environment that enables faster, easier, and more certain investment decisions.For too long high electricity costs have held back British businesses, as a result of our reliance on gas sold on volatile international markets.As part of our modern industrial strategy we’r...

Politics

3 w. ago British Business Bank invests in entrepreneurs in £6.6bn funding commitment

The UK Government’s development bank has revealed the investment plans as part of Sir Keir Starmer’s 10-year industrial strategy announcement.

Economics

3 w. ago Energy costs to be cut for businesses in Wales in new industrial strategy

The electric arc steel furnace being built at Port Talbot steelworks is one of the businesses that will be benefit

Economics

3 w. ago Energy prices cut for business as part of UK industrial strategy

Sectors including automotive, aerospace and chemicals will be exempt from paying green levies on electricity bills

Economics

3 w. ago Energy bills could be cut by up to 25% for thousands of UK businesses

The plan forms a key part of Sir Keir Starmer's 10-year industrial strategy

Economics

3 w. ago Electric bills for thousands of firms to be slashed under government plans

Keir Starmer is expected to launch the government's 10-year industrial strategy plan on Monday - with help for thousands of firms struggling with electricity bills

Politics

3 w. ago Energy costs to be cut for industry as Starmer seeks economic ‘turning point’

The Government’s industrial strategy includes measures to ease the ‘crippling’ costs of energy for UK manufacturers.

Economics

3 w. ago Starmer puts skills training at heart of industrial strategy plan

The decade-long industrial strategy will include £275 million in skills investment to train Britons to do jobs in growth industries.

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