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jonathan reynolds

  • UK government opens door to AI laws as safety warnings mount

    Tech

    The UK government has left the door open to tougher AI regulation after the companies building the world’s most powerful models called for slower development, fearing safety has fallen behind. City AM understands ministers believe AI is already covered by laws spanning data protection, competition, product safety and online safety, but accept those rules may [...]

    Reynolds insisted that much of Labour policy already constitutes taxes on the wealthy.
  • Reynolds hails ‘tremendous upsides’ to AI amid warnings on threats

    Tech

    Business secretary Jonathan Reynolds has emphasised the “tremendous upsides” to AI that should not be overlooked, as a growing number of tech engineers have warned of its threat to existence.  Reynolds told the BBC that the UK should “never be complacent” about AI or “naive about the impact”, although he emphasised that new models could [...]

    Jonathan Reynolds, Shadow Business Secretary, wearing a suit and red patterned tie.
  • Government admits Burnham’s Whitehall shake-up leaves tech policy in limbo

    Tech

    Nearly two months after Andy Burnham abolished Britain’s technology department, ministers have admitted parts of the former department still have nowhere to go. A long-awaited breakdown of the Department for Science, Innovation and Technology (DSIT) carve-up revealed a “small number of policy areas” are yet to be allocated, while some staff are still waiting to [...]

    Andy Burnham, Mayor of Greater Manchester, in a suit and glasses, looking serious against a bright sky.
  • UK government slashes corporate red tape, cutting paperwork ‘longer than The Hobbit’

    September 7, 2026

    Ministers have announced sweeping reforms to corporate reporting, aiming to save businesses over £450m annually by ditching “Hobbit-length” paperwork. Under the overhaul, small and medium-sized enterprises (SMEs), including local family firms, will be exempt from certain reporting forms and audits, aiming to save businesses thousands of pounds and hours of administrative work. The Department for [...]

  • Jaguar Land Rover confirms plans to cut thousands of jobs

    September 7, 2026

    Jaguar Land Rover has confirmed plans to cut thousands of jobs as it looks to slash around £1.7bn from its cost base over the next two years. The Midlands-based carmaker said it needed to “simplify” its structure as it presses ahead with the next phase of its strategy. The company’s bosses told staff on Monday [...]

  • Reform UK donations sting ‘looks bad,’ admits Farage

    September 6, 2026

    Nigel Farage has admitted that an undercover investigation into Reform UK’s approach to foreign donations “looks bad”. The Reform leader appeared to soften his position on the donations row engulfing his party but denied it had ever breached electoral law by accepting overseas funding. Farage has been forced to defend his party against allegations that [...]

  • Tesco, B&Q and Whitbread scolded in minimum wage crackdown

    September 3, 2026

    Labour’s new workers’ rights police force has scolded Tesco, B&Q and Whitbread, and more than 600 other firms, for failing to pay the minimum wage.  The Fair Work Agency has published the names of 658 companies which have been fined £7m and forced to return £4m to more than 27,000 workers who have not been [...]

  • Astrazeneca and Jaguar Land Rover given power to endorse talented migrants for visas

    August 6, 2026

    A select group of private companies including Astrazeneca and Jaguar Land Rover will be able to endorse migrants to enter the UK on a skilled talent visa for the first time.  The list of over 100 companies, which also includes GSK, Arm and a range of large companies and research start-ups, will now be able [...]

  • Jonathan Reynolds’ industrial strategy is straight out of the 60s

    August 3, 2026

    Jonathan Reynolds, the new business secretary, has set out a vision for publicly owned services, with private sector partnerships, still under public control – a baffling vision from some eccentric economic bestiary, says Eliot Wilson Andrew Murray Burnham has been in Downing Street for two weeks now. He promised – new Prime Ministers always promise [...]

  • Exclusive: Jobs lost across Labour’s ‘growth potential’ sectors in blow to Burnham

    July 27, 2026

    In a blow to the government’s plans to boost employment, eight sectors previously identified as having high growth potential in Labour’s industrial strategy have suffered job losses, according to a report seen by City AM. The so-called ‘IS-8’ sectors, which include life sciences, financial services and defence, were singled out by the UK government last [...]

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