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Chinese investment of £600m in UK ‘a start’, says Cabinet minister

  • January 12, 2025
China committing to putting £600m in the UK is “a start” and “will lead to future investment”, a Cabinet minister has said. Science Secretary Peter Kyle said the Chancellor has returned with “solid commitments for investment” as the Government commits to “rebuilding the relationship with China”. Rachel Reeves has been criticised by the Conservatives and [...]
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Tech giants must obey UK’s online safety laws, says minister

  • January 12, 2025
British law has not changed and tech giants must still obey it, the Science Secretary has said in response to Meta’s decision to do away with content moderation teams. Meta CEO Mark Zuckerberg announced on Tuesday that his social media platforms would replace their longstanding fact-checking programme with a “community notes” system similar to Elon [...]
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Morrisons joins farmers in fight against Budget tax hike

  • January 11, 2025
Morrisons shows its support towards the farming community, backing its call for urgent reforms to inheritance tax policies on farms following Rachel Reeves’ October Budget. In a LinkedIn video released on Saturday, Sophie Throup, the supermarket’s head of agriculture, emphasised the major Morrisons’ ongoing advocacy, reeling from the Chancellor’s sweeping inheritance tax levy. In October, [...]
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UK housebuilders to shed light on property market amid Government targets

  • January 11, 2025
Some of the UK’s biggest housebuilders will say whether demand is picking up in the property market after a prolonged slump, as the Government prepares to overhaul planning rules. London-listed construction groups Persimmon, Vistry and Taylor Wimpey will all provide trading updates next week. Persimmon, which will give an update on its fourth-quarter trading on [...]
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