Category Archives: United Kingdom

Press Releases & News from United Kingdom distributed via EuropaWire

Aviva Expands Reach with £242 Million Acquisition of Probitas Holdings

(IN BRIEF) Aviva plc has announced the acquisition of Probitas Holdings for £242 million, marking a significant step in its strategy to bolster profitable growth. This acquisition grants Aviva entry into the Lloyd’s market, providing access to substantial premium volumes, … Read the full press release

Siemens Mobility to Establish Cutting-Edge Rail Infrastructure Hub in Chippenham with €115 Million Investment

(IN BRIEF) Siemens Mobility announces a €115 million investment to establish a state-of-the-art rail infrastructure manufacturing, digital engineering, and R&D center in Chippenham, UK, replacing its current site by 2026. This strategic move underscores Siemens Mobility’s commitment to innovation and … Read the full press release

Rolls-Royce Submarines Expands Operations to Cardiff and Glasgow to Meet Defence Demand

(IN BRIEF) Rolls-Royce Submarines announces plans to open new offices in Cardiff and Glasgow, funded by the UK Ministry of Defence, to bolster its workforce and meet increased demand from the Royal Navy and the recent AUKUS agreement. Over 100 … Read the full press release

HeForShe Initiative Releases Report on Workplace Support for Domestic Violence Survivors

(IN BRIEF) UN Women, with support from the Vodafone Foundation, conducted research under the HeForShe initiative, examining FTSE 100 companies’ support for employees facing domestic violence and abuse. The report, ‘Small Steps, Big Difference’, highlights the importance of workplace support … Read the full press release

Phagenesis Secures $42M Investment Led by EQT Life Sciences to Revolutionize Swallowing Disorder Treatment

(IN BRIEF) Phagenesis, a UK-based medical technology company specializing in treating swallowing disorders, has closed a significant $42 million Series D financing round led by EQT Life Sciences, with co-leadership from Sectoral Asset Management. This substantial investment reflects confidence in … Read the full press release

EMA Validates Marketing Authorisation Applications for AstraZeneca and Daiichi Sankyo’s Datopotamab Deruxtecan in Lung and Breast Cancer Treatment

(IN BRIEF) The European Medicines Agency (EMA) has validated two marketing authorisation applications (MAAs) for datopotamab deruxtecan (Dato-DXd), developed by AstraZeneca and Daiichi Sankyo, for the treatment of nonsquamous non-small cell lung cancer (NSCLC) and hormone receptor (HR)-positive, HER2-negative breast … Read the full press release

Empathetic Communication Found Effective in Addressing Vaccine Hesitancy, Study Shows

(IN BRIEF) A groundbreaking international study led by the University of Bristol reveals the effectiveness of empathetic correction of misinformation in improving attitudes towards vaccination, particularly among vaccine-hesitant individuals. The research, published in Health Psychology, highlights the significance of empathetic … Read the full press release

Vodafone and Intel Strengthen Alliance to Optimize Open RAN Algorithms

(IN BRIEF) Vodafone and Intel are extending their collaboration to optimize advanced algorithms for Open Radio Access Networks (RAN) platforms, focusing on enhancing performance and reducing energy consumption. This expansion builds upon their existing research partnership centered in Málaga, Spain, … Read the full press release

Prosus Ventures Backs Kismet with $8.2M Seed Investment for Healthcare Innovation

(IN BRIEF) Kismet, a healthcare startup, has secured $8.2 million in seed funding led by Prosus Ventures and Airtree Ventures, bringing its total financing to $10.8 million since its founding in February 2023. The funding will accelerate Kismet’s mission to … Read the full press release

Ricoh Recognized Among Top 50 Companies in Carbon Clean200™ List for Sixth Consecutive Year

(IN BRIEF) Ricoh has once again been included in the prestigious Carbon Clean200™ list, ranking among the top 50 companies globally leading the transition to clean energy. Organized by Corporate Knights and As You Sow, the list evaluates companies based … Read the full press release

Unilever Appoints Heiko Schipper as President, Nutrition Business Group

(IN BRIEF) Unilever has announced the appointment of Heiko Schipper as President of the Nutrition Business Group, effective May 1, 2024. Heiko, currently serving as President of Bayer Consumer Health, brings extensive experience and a successful track record in the … Read the full press release

EBRD and Eiffel Investment Group Collaborate to Boost Solar Energy in Poland with €45 Million Joint Loan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group are teaming up to advance solar energy development in Poland through a €45 million joint loan to PL-SUN Sp.z.o.o. This funding will support the construction of … Read the full press release

Roland Berger Strengthens Water Consulting Arm with Acquisition of Amane Advisors

(IN BRIEF) Roland Berger has successfully finalized its acquisition of Amane Advisors, a specialized consulting firm focusing on water, resource, and energy recovery. This strategic move bolsters Roland Berger’s expertise in water consulting, positioning the firm as a leader in … Read the full press release

The European companies at MWC Barcelona 2024: AI, 5G, VR, XR, Cybersecurity, Digital Transformation, Entertainment, etc.

(IN BRIEF) At the Mobile World Congress (MWC) Barcelona 2024, European companies showcased a wide array of innovations and strategic partnerships that underscored their commitment to driving digital transformation and enhancing connectivity across various sectors. The key topics discussed by … Read the full press release

Artistic Expression and Empathy: UEA’s Refugee Week Art Displays Illuminate Stories of Sanctuary Seekers

(IN BRIEF) The University of East Anglia (UEA) is hosting Refugee Week from March 1st to 8th, featuring two collaborative art exhibitions: “Finding Home in Education” and “Families Beyond Boundaries.” The first exhibition showcases posters created by sanctuary seekers exploring … Read the full press release

Global Warming Amplifies Risks: UEA-Led Study Warns of Heightened Climate Threats to Developing Countries

(IN BRIEF) A research program led by the University of East Anglia (UEA) has quantified how climate change risks increase at a national scale with rising global temperatures. Focusing on six countries including Brazil, China, Egypt, Ethiopia, Ghana, and India, … Read the full press release

Schroders Tops Forest 500 Assessment for Second Consecutive Year, Urgent Action Needed on Deforestation

(IN BRIEF) Schroders celebrates its recognition as the leading financial institution in Global Canopy’s Forest 500 annual assessment, reaffirming its commitment to addressing deforestation in investment operations and supply chains. The report, evaluating companies and financial institutions across key commodities, … Read the full press release

San Francisco Retains Top Spot in Schroders’ Global Cities Index, London Climbs to Second Place

(IN BRIEF) San Francisco maintains its leading position in Schroders’ Global Cities Index for the second consecutive year, driven by the resilience of its tech sector despite social challenges. London ascends to second place, surpassing its 2023 ranking, despite slower … Read the full press release

Danish Ministry of Defence Partners with BAE Systems for CV90 Fleet Maintenance

(IN BRIEF) BAE Systems has inked a 15-year framework agreement with the Danish Ministry of Defence to provide repair and maintenance services for the Danish Army’s CV90 fleet, valued at approximately $400 million. This agreement ensures sustained operational readiness for … Read the full press release

Barclays’ Omar Faruqui Appointed Director General of UK Takeover Panel

(IN BRIEF) Omar Faruqui, Barclays’ Co-Head of M&A for Europe, Middle East, and Africa, has been appointed as the Director General of the UK Takeover Panel, commencing a two-year secondment from Barclays starting May 1, 2024. The UK Takeover Panel, … Read the full press release