Category: Industrial policy

Healey vows to stick to fiscal rules in budget built on hope

Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record highBusiness live – latest updatesPrice of diesel on UK forecourts reaches all-time...

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UK defence contractors to offer 40,000 apprenticeships, placements and jobs

Wes Streeting says he leads a ‘ministry for growth’ as Labour seeks to show more defence spending will create UK jobsDefence contractors have promised to create 40,000 apprenticeships, work experience placements and jobs for...

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Government moves to nationalise Speciality Steel UK to protect 1,300 jobs

Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyerBusiness news – live updatesOne of Britain’s steelworks is to come into public ownership after the government said it...

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Andy Burnham to host entrepreneurs and local mayors at No 10 on Monday

Prime minister vows to ‘reindustrialise Britain’ through new partnership with business The prime minister is to host business leaders, entrepreneurs and local mayors at Downing Street on Monday to pitch his government as a...

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Russia says it could hit UK military targets over supply of missile technology to Ukraine – UK politics live

Kremlin threatens British targets inside and outside Ukraine and says UK and France bear ‘direct responsibility’ for Ukrainian strikes on Russia Speaking on the media round this morning, the work and pensions secretary, Pat...

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McFadden hails ‘inspiring’ jobs programme for young people as number of Neets drops – UK politics live

Work and pensions secretary says jobs guarantee scheme is restoring confidence as ONS reports that number of young people not in work or training has fallen below a millionHello, and welcome to our UK politics blog. It’s all...

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Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’

Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be easedCarmakers are delaying final decisions to invest in UK factories until electric car sales rules are relaxed, according...

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I’ve seen what the death of major industry did to Britain. Without a good revival plan, Burnham cannot succeed | John Harris

Collieries turned into retail parks, manufacturing in the doldrums. The problem is vast, but at least the PM-in-waiting sees it: and in that there is hopeIn the autumn of 2005, Tony Blair gave one of his most unhinged and...

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OpenAI’s apparent failure to visit key site raises questions over Stargate UK project

Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypotheticalIt was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a...

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Andy Burnham to pledge ‘good growth in every postcode’ in devolution plan

Makerfield MP on course to be PM will argue for more decision-making in regions and communities as he sets out platform for governmentAndy Burnham will pledge to deliver “good growth in every postcode” by overseeing a...

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Andy Burnham to pledge ‘good growth in every postcode’ in devolution plan

Makerfield MP on course to be PM will argue for more decision-making in regions and communities as he sets out platform for governmentAndy Burnham will pledge to deliver “good growth in every postcode” by overseeing a...

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