(IN BRIEF) The UK Government has awarded BAE Systems a new £5.9 billion contract to support critical work on the Dreadnought Class nuclear deterrent submarine programme. The contract will fund continued progress on the first submarine, Dreadnought, as well as … Read the full press release
Posted in Business, Defence, Government, Industrial, Infrastructure & Utilities, Investment, Security & Safety, United Kingdom
Tagged 000 BAE Systems workers, 000 Barrow workforce, 000 jobs, 1, 16, 30, 500 UK suppliers, 7, BAE Systems, BAE Systems Secures Major Contract to Advance Royal Navy Dreadnought Submarines, BAE Systems Submarines, Barrow Transformation Fund, Barrow-in-Furness, Charles Woodburn, Continuous At Sea Deterrent, Defence Nuclear Enterprise, defence procurement, Dreadnought class, Dreadnought submarine, His Majesty King Charles III, industrial base, King George VI, Ministry of Defence, MOD, national security, nuclear deterrent submarines, Royal Navy, Royal Port status, skilled jobs, submarine construction, Team Barrow, Tom Calverley, UK defence industry, UK Government, UK Government Funds Next Phase of Dreadnought Class Nuclear Deterrent Submarines, Valiant, Vanguard fleet, Warspite, Wes Streeting MP, £1 billion site investment, £1.3 billion supply chain spend, £200 million Barrow Transformation Fund, £5.9 billion contract, £5.9 Billion Contract Supports Construction of UK Nuclear Deterrent Submarine Fleet, £8.4 billion package, £8.9 billion total spend
(IN BRIEF) AFME has published A Renewed Agenda for UK Financial Markets, calling on the new UK Government to maintain momentum behind financial services reform and focus on measures that support investment, growth and competitiveness. The report argues that while … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Investment, Technology, United Kingdom
Tagged A Renewed Agenda for UK Financial Markets, Adam Farkas, AFME, AFME Calls for Renewed Agenda to Strengthen UK Financial Markets Competitiveness, AFME Sets Out Agenda to Strengthen UK Financial Markets Competitiveness, AFME Urges New UK Government to Maintain Momentum on Financial Services Reform, Association for Financial Markets in Europe, bank capital requirements, businesses, capital markets, competitiveness, digital market infrastructure, distributed ledger technology, DLT, economic growth, financial activity, Financial Policy Committee, Financial Services Growth and Competitiveness Strategy, financial services growth strategy, financial services reform, global financial centre, INNOVATION, investment, investors, listings, Mansion House reforms, market data costs, Market Liquidity, market transparency, prudential reform, regulators, regulatory burdens, UK equity consolidated tape, UK financial markets, UK Government, United Kingdom, wholesale markets
(IN BRIEF) EDF and the UK Government have signed Heads of Terms for a Contract for Difference agreement to support a 20-year life extension for Sizewell B in Suffolk. The agreement would allow the nuclear power station, which had been … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Infrastructure & Utilities, Investment, United Kingdom
Tagged 180TWh, 270TWh, automated plant monitoring, baseload power, CFD, clean power, Contract for Difference, Ed Miliband, EDF, EDF and UK Government Advance Sizewell B Life Extension With Contract for Difference Heads of Terms, EDF and UK Government Sign Heads of Terms for Sizewell B Life Extension Agreement, EDF UK, energy security, environmental monitoring system, Hinkley Point C, homegrown electricity, Lord Vallance, low-carbon electricity, market volatility, Norfolk, nuclear power, planned outages, pressurised water reactor, Simone Rossi, Sizewell B, Sizewell B Set for 20-Year Extension Under EDF and UK Government CfD Agreement, skilled jobs, strike price, Suffolk, UK Government, UK nuclear energy, £70.50/MWh, £800 million refurbishment
(IN BRIEF) Centrica has confirmed that the UK Government has signed Heads of Terms for a 20-year regulated Contract for Difference agreement to extend the operating life of Sizewell B in Suffolk from 2035 to 2055. Sizewell B is a … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Infrastructure & Utilities, Investment, Technology, United Kingdom
Tagged advanced modular reactor, Advanced Nuclear Pipeline, baseload power, Centrica, Centrica Strengthens Long-Term Nuclear Portfolio With Sizewell B Life Extension Agreement, CFD, Chris O’Shea, Contract for Difference, CPI inflation, EDF Energy, energy security, Hartlepool, HMG, infrastructure investment, merchant power prices, nuclear power, pressurised water reactor, regulated asset base, regulated returns, Sizewell B, Sizewell B to Continue Supporting UK Energy Security Under 20-Year Regulated CfD Agreement, Sizewell C, strike price, Suffolk, UK electricity, UK Government, UK Government Signs Heads of Terms for Sizewell B Life Extension and Regulated Returns Framework, X-energy, zero-carbon electricity
(IN BRIEF) GKN Aerospace has welcomed the UK Government’s Defence Investment Plan, saying the long-term direction set out in the strategy could strengthen sovereign capability, national security and the domestic defence industrial base. Chief Executive Peter Dilnot highlighted the government’s … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Government, Industrial, Investment, Security & Safety, Technology, United Kingdom
Tagged advanced composites, aerospace coatings, aerospace structures, aircraft transparencies, Autonomous systems, composite manufacturing, Cowes, crewed air vehicles, Defence Contracts, defence innovation, defence manufacturing, GCAP, GKN Aerospace, GKN Aerospace Positions Luton and Cowes Sites for Next Phase of UK Defence Manufacturing, GKN Aerospace Responds to UK Government Defence Plan With Focus on Combat Air and Uncrewed Systems, GKN Aerospace Supports Long-Term Defence Investment to Strengthen UK Industrial Capability, Global Combat Air Programme, industrial capability, Isle of Wight, Luton, national security, Peter Dilnot, resilient manufacturing, sovereign capability, UK defence industry, UK Defence Investment Plan, UK Government, uncrewed air vehicles, United Kingdom
(IN BRIEF) BT has signed a new contract with Growing Mid Wales to deliver full-fibre broadband access to business parks across Ceredigion and Powys through the Business Park Full Fibre to the Premises Project. The initiative will bring gigabit-capable connectivity … Read the full press release
Posted in Business, Economy, Education, European Union, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Small Business, Technology, Telecom, United Kingdom
Tagged 1 Gbps download speeds, Adam Price, Anna McMorrin, broadband rollout, BT, BT Signs Growing Mid Wales Deal to Expand Full-Fibre Access and Digital Skills Support, BT to deliver full-fibre broadband and digital skills support for business parks across Mid Wales, BT to Deliver Full-Fibre Broadband Upgrade for Business Parks Across Mid Wales, Business Park Full Fibre to the Premises Project, business parks, business productivity, Ceredigion, Ceredigion and Powys Business Parks to Benefit From Full-Fibre Broadband Investment, Ceredigion County Council, connectivity, Councillor Bryan Davies, Councillor Jake Berriman, digital capability, digital economy, digital infrastructure, digital skills support, economic resilience, employment sites, FTTP, full-fibre broadband, gigabit-capable broadband, Growing Mid Wales, internet service providers, Mid Wales, Mid Wales Growth Deal, open access network, Powys, Powys County Council, private sector investment, public investment, regional growth, small and medium-sized businesses, SMEs, Susi Marston, UK Government, virtual workshops, Wales, Welsh economy, Welsh Government
(IN BRIEF) Pearson has been selected as a partner in the UK Government’s AI Skills Boost initiative, a national programme aiming to upskill 10 million UK workers in artificial intelligence by 2030 through government-backed online courses. The initiative is designed … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Education, Financial, Government, Industrial, Internet & Online, Investment, Management, Technology, United Kingdom
Tagged AI literacy, AI Minister, AI Skills Boost, AI workforce skills, Amazon, artificial intelligence, data science, Department for Science Innovation and Technology, digital credentialling, digital skills, DSIT, economic growth, education technology, employer confidence, Google, IBM, Kanishka Narayan, Lifelong Learning, London, machine learning engineering, Microsoft, online courses, Pearson, Pearson Joins UK Government AI Skills Boost Initiative to Support Workforce Upskilling at National Scale, productivity, Sharon Hague, skills assessment, skills verification, training, UK Government, UK Government Selects Pearson as Partner to Help Equip 10 Million Workers with AI Skills by 2030, United Kingdom, workforce readiness, workforce upskilling
(IN BRIEF) University of Warwick researcher Dr Jeremy Keown has received funding through the Academy of Medical Sciences’ Springboard programme, which is investing £6.7 million in early-career health research across the UK. His project will investigate how potentially pandemic viruses … Read the full press release
Posted in Awards, Business, Education, Financial, Healthcare, Industrial, Investment, Management, Marketing, Non Profit, Science, Technology, United Kingdom
Tagged Academy of Medical Sciences, antiviral research, British Heart Foundation, early-career researchers, global health, health research funding, infectious diseases, Jeremy Keown, molecular virology, pandemic viruses, Patrick Vallance, Springboard programme, UK Government, University of Warwick, University of Warwick Researcher Secures National Funding to Advance Understanding of Pandemic Viruses, Warwick Academic Awarded Springboard Funding to Drive Breakthroughs in Antiviral Research and Pandemic Preparedness, Wellcome
(IN BRIEF) Researchers at the University of Leeds have developed an interactive map revealing that tropical deforestation can raise local temperatures by up to 5°C, intensifying heat exposure and threatening human health in vulnerable regions. The tool, led by Dr … Read the full press release
Posted in Education, Environment, Ireland, News, Science, Technology, United Kingdom
Tagged Belem, Brazil, climate change, climate resilience, COP30, CSSP Brazil, deforestation, Dr Andy Hartley, Dr Carly Reddington, Dr Nike Doggart, environmental policy, forest protection, global warming, heat exposure, International Science Partnerships Fund, Leeds researchers unveil interactive tool revealing how tropical forest loss fuels dangerous local heat across the globe, Met Office, Nature Climate Change, Professor Dominick Spracklen, Rondonia, sustainability, Tanzania, tropical forests, Tropical Forests Forever Facility, UK Government, University of Leeds, University of Leeds launches global map showing deforestation-driven temperature surges up to 5°C in tropical regions
(IN BRIEF) Egis in the UK has been appointed to the UK government’s Defra Nuclear Energy Regulatory Justification Services Framework, becoming an approved provider of technical expertise to assess the environmental and social impacts of new nuclear technologies. Leveraging decades … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged AMR, Defra, Egis, Egis Appointed by UK Government to Provide Expert Assessment for Emerging Nuclear Technologies, Egis Appointed to Defra Framework to Guide Safe and Sustainable Development of New Nuclear Technologies, energy security, energy transition, engineering consultancy, environmental assessment, fusion energy, Hinkley Point C, infrastructure, Joanne Moran, net zero, nuclear energy, nuclear innovation, nuclear justification, Regulatory framework, Sizewell C, SMR, sustainability, UK Government, UK nuclear sector
(IN BRIEF) The UK has increased strike‑price caps for its AR7 CfD auction to £113/MWh for fixed‑bottom offshore wind, £271/MWh for floating offshore wind, and £92/MWh for onshore and remote island wind, all indexed to 2024 prices. WindEurope director Viktoriya … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged 2024 prices, 20‑year CfDs, 7 August application window, AR7 CfD auction, budget publication, competitiveness, energy security, fixed‑bottom offshore wind, floating offshore wind, floating wind pot, long‑term auction schedule, onshore wind, partnership, remote island wind, strike‑price caps, supply chain planning, sustainability, UK Government, Viktoriya Kerelska, WindEurope, £53 billion investment
(IN BRIEF) BAE Systems and Hanwha Systems have formalised a partnership via an MOU to co-create a next-generation multi-sensor satellite system for international ISR applications. BAE Systems will supply ultra-wideband RF sensors, while Hanwha Systems will contribute advanced SAR technology. … Read the full press release
Posted in Artificial Intelligence (AI), Defence, Government, Industrial, Investment, Technology, United Kingdom
Tagged Azalea™, BAE Systems, edge processors, Hanwha Systems, Industry Minister, intelligence surveillance reconnaissance, international markets, ISR, low Earth orbit, Machine Learning, Memorandum of Understanding, multi-sensor satellite, Rachael Hoyle, SAR, Sarah Jones MP, satellite constellation, space technologies, Sung-Chan Song, Synthetic Aperture Radar, UK Government, ultra-wideband RF sensors
(IN BRIEF) Leeds Building Society has partnered with Experian to improve the accuracy of its financed emissions reporting for residential lending, aligning with the UK Government’s Net Zero goals. By replacing estimated EPC data, which overestimated emissions by over 36%, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged carbon footprint, emissions reporting, Energy Performance Certificates, Experian, financed emissions, Leeds Building Society, Meter Insights, net zero, Paris Agreement, partnership, residential lending, SBTi, Science-Based Targets initiative, Scope 3 emissions, sustainability, UK Government
(IN BRIEF) A new study reveals that since 2015, the UK government has awarded over £3.77 billion in contracts to private companies managing border security and small boat crossings in the English Channel. While much focus is placed on illegal … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Law, Management, News, Science, Technology, Transportation & Logistics, United Kingdom
Tagged asylum processing, border control, border security, Bristow Group, channel crossings, contracts, detention centres, Economic and Social Research Council, Galliford Try, immigration, immigration detention, Mitie Care and Custody, private companies, public services, Rwanda plan, search and rescue, small boat crossings, smuggling, transparency, UK Government, University of Liverpool, University of Nottingham, University of Sheffield, University of York
(IN BRIEF) Martin Pibworth, Chief Commercial Officer at SSE, has been appointed Chair of CBI Scotland, succeeding Jennifer Young. With extensive experience in sustainability and the net zero sector, Pibworth will focus on promoting long-term growth and addressing key issues … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, News, Retail, Technology, United Kingdom
Tagged AI, appointment, business investment, CBI Scotland, CBI Scotland Council, Chair, Chief Commercial Officer, collaboration, cost of doing business, data, energy sector, Green Growth, green sectors, INNOVATION, Jennifer Young, leadership, Martin Pibworth, Michelle Ferguson, net zero, Offshore wind, Scottish Government, skills shortages, SSE, sustainability, sustainable growth, UK Government
(IN BRIEF) Thales has launched its cortAIx initiative in the UK, a significant move in advancing trusted AI for defence and security. The new centre, which will employ 200 AI and data specialists, aligns with the UK Government’s vision for … Read the full press release
Posted in Business, Defence, France, Industrial, Security & Safety, Technology
Tagged AI, AI applications, AI deployment, AI ecosystem, AI ethics, AI safety, AI solutions, AI-driven growth, Cloud, cortAIx, data science, deep learning, Defence, EDGE, ethical AI, Faculty AI, INNOVATION, Machine Learning, national security, Phil Siveter, Prime Minister’s AI Opportunities Action Plan, productivity, SECURITY, security and defence, Sensors, sovereign systems, talent, Thales, transparency, trusted AI, UK, UK Government
(IN BRIEF) Vodafone has been chosen by Oxfordshire County Council to deploy and manage a 5G Standalone (5G SA) mobile private network (MPN) at the Harwell Science and Innovation Campus. The new network will provide cutting-edge wireless connectivity for research … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged 5G Innovation Region, 5G private network, 5G standalone, augmented reality, Connected Heartland, drone detection, European Space Agency, Harwell Science and Innovation Campus, high-speed connectivity, IoT, machine-to-machine connectivity, mobile private network, Oxfordshire County Council, partnership, private network security, Siemens, UK Government, Virtual Reality, vodafone
(IN BRIEF) Professor Evelyn Welch, Vice-Chancellor of the University of Bristol, attended an event at Number 10 Downing Street to highlight the UK Government’s commitment to becoming a global leader in artificial intelligence (AI). The event recognized the country’s AI … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Financial, Industrial, Investment, Management, Media, News, Science, Technology, United Kingdom
Tagged AI Adoption, AI Infrastructure, AI Opportunities Action Plan, AI recovery plan, AI Research, AI roadmap, Alzheimer's, artificial intelligence, BRICS, Bristol Centre for Supercomputing, economic growth, global AI leadership, HPC, Isambard-AI, modular data centre, national strategy, Number 10 Downing Street, Parkinson's, Peter Kyle, Poppy Gustafsson, Prime Minister Sir Keir Starmer, Professor Evelyn Welch, research advancements, Simon McIntosh-Smith, supercomputer, UK Government, University of Bristol, Vice-Chancellor
(IN BRIEF) Euronext has announced that iBabs, a leading provider of board portal and meeting management solutions, has been added to the UK Government’s G-Cloud 14 framework. This inclusion enables public sector organisations in the UK to easily procure iBabs’ … Read the full press release
Posted in Business, Economy, Financial, France, Government, Industrial, Investment, Management, Marketing, News, Technology
Tagged board portal, Cloud services, competitive procurement, Digital Marketplace, efficiency, Euronext, Euronext Corporate Solutions, G-Cloud 14, governance practices, governance software, iBabs, iBabs Board Portal, Julien Tessier, meeting management solutions, procurement process, public sector, public sector organisations, Simon Gallagher, tendering, transparency, UK Government
(IN BRIEF) Marks & Spencer (M&S) has announced the addition of 85 zero and low-emission vehicles to its logistics fleet as part of its Plan A strategy to achieve Net Zero by 2040. This includes five battery-electric heavy goods vehicles … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged battery-electric heavy goods vehicles, biomethane, clean energy, cleaner alternatives, CNG, CO2 emissions, compressed natural gas vehicles, eFREIGHT 2030 project, electric lorries, electric vehicles, Food logistics, Future of Roads Minister, GREEN HYDROGEN, Head of Group Transport, HGVs, Iveco, Julian Bailey, Lilian Greenwood, low-emission vehicles, M&S, Marks & Spencer, Net-Zero by 2040, Operational Efficiency, partnership, Plan A strategy, Renault Trucks, renewable fuel, solar power, supply chain logistics, supply chain transformation, sustainability, sustainable transport, Transport Decarbonization, UK Government, UK Government investment, wind power, zero-emission HGVs, Zero-emission vehicles, £2.3 billion, £200 million
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