The UK’s Modern Industrial Strategy puts EVs and batteries centre stage—£2.5bn for DRIVE35 R&D and capital, cheaper energy, battery passports, gigafactory finance and export support to lift output to 1.3m vehicles by 2035.
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UK’s modern industrial strategy puts advanced manufacturing at the heart of 2035 growth
UK Government’s Modern Industrial Strategy pledges cheaper energy, £4.3bn for tech and new finance to near‑double advanced‑manufacturing investment by 2035.
Government urged to tackle ‘self-employed pension crisis’ as report warns of widening savings gap
Think tank calls for HMRC and financial firms to deliver targeted nudges to boost self-employed pension saving, as only 20% contribute compared to 78% of employees.
Harry and Meghan sign new multi-year Netflix deal
The Duke and Duchess of Sussex have renewed their multi-year “first look” deal with Netflix for film and TV projects, including a second season of With Love, Meghan.
Tata steel UK CEO Rajesh Nair appointed chair of UK Steel
Tata Steel UK CEO Rajesh Nair has been appointed Chair of UK Steel, taking on the role alongside his leadership of the company at a pivotal time for the UK steel industry.
Elon Musk’s Tesla applies for licence to supply electricity to British homes
Tesla has applied to Ofgem for a licence to supply electricity to homes and businesses in Great Britain, paving the way for a UK launch of its Tesla Electric brand.
How Europe’s car industry can survive the Chinese EV challenge
With Chinese EV makers growing fast, experts say Europe must invest, innovate and form strategic alliances – not rely on tariffs – to protect its automotive industry.
Employment minister warns ‘job deserts’ and long-term sickness are holding back Britain
Employment minister Alison McGovern says job deserts and record economic inactivity are damaging UK towns, as government launches push to get more businesses hiring via job centres.
British Shoppers flock to EU for tax-free spending as calls grow to reinstate UK scheme
UK shoppers are spending more on tax-free goods in the EU, prompting fresh pressure on Labour to reinstate Britain’s VAT rebate scheme for overseas visitors.
Britons opt for ‘later, closer, shorter’ breaks as domestic travel trend grows
UK holidaymakers are increasingly booking “later, closer and shorter” breaks, as cost-conscious travellers look to make the most of Britain’s summer without committing to expensive overseas trips.
Starmer urged to rethink 2030 petrol car ban amid industry fears over ‘impossible’ EV targets
Dowlais CEO Liam Butterworth warns Labour’s 2030 petrol car ban is “impossible” and calls for a review to support a more realistic transition to electric vehicles.
Parents prepay £500m in private school fees to avoid Labour’s VAT hike
Parents at top UK private schools prepaid over £500m in fees to avoid Labour’s 20% VAT on education, potentially undermining expected tax revenues, experts warn.
Shared Rural Network: How a £1.3bn mobile connectivity programme is transforming digital Britain
The £1.3bn Shared Rural Network is revolutionising mobile connectivity across the UK, closing coverage gaps, supporting local economies, and tackling digital exclusion in rural communities.
Government-funded 4G upgrades go live in North Yorkshire to boost rural mobile connectivity
New 4G upgrades in the Yorkshire Dales go live as part of the UK government’s Shared Rural Network, extending mobile coverage to remote communities and supporting digital inclusion.
Trump ends de minimis tariff exemption, hitting UK exporters and global e-commerce
President Trump scraps the de minimis tariff exemption, triggering new costs for UK exporters and e-commerce sellers as part of a wider crackdown on low-value imports.
