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jonathan reynolds

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

    Politics

    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 addressing the SMMT's annual International Automotive Summit (image courtesy of SMMT)
  • Jonathan Reynolds’ industrial strategy is straight out of the 60s

    Opinion

    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 [...]

    Labour's Jonathan Reynolds unveiled the industrial strategy in June.
  • Exclusive: Jobs lost across Labour’s ‘growth potential’ sectors in blow to Burnham

    Politics

    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 [...]

    Jonathan Reynolds, Labour MP, in a suit and tie, holding a notebook, looking right, with a building behind him
  • ‘Pro-business’ Burnham eyes Reynolds return to top business job

    July 18, 2026

    Andy Burnham is planning to bring Jonathan Reynolds back as business secretary as the incoming prime minister moves to deliver on his pledge to lead a “pro-business” government. Reynolds, who served as business secretary until last September before becoming chief whip, is expected to return to the department when Burnham unveils his cabinet this week, [...]

  • This is why Starmer’s recent reshuffle is doomed to fail

    September 11, 2025

    Keir Starmer’s personnel switch-up is an attempt to get a firmer grip on his government’s economic policymaking. Helen Thomas lays out why it won’t work. Keir Starmer’s latest cabinet reshuffle was billed as a decisive break from his choppy first year in power. Yet this is less a bold national reset than a desperate rebrand. [...]

  • Starmer refuses to rule out tax rises – and criticises forecasters

    August 6, 2025

    The Prime Minister has refused to comment on whether he will break Labour’s manifesto pledges on taxes at this year’s Autumn Budget as he slapped down independent forecasters’ claims the government faced a £50bn black hole.  The National Institute of Economic and Social Research (NIESR) claimed Rachel Reeves would miss her borrowing target by £41.2bn [...]

  • We are governed by people who don’t know what they’re doing

    August 6, 2025

    Almost 100,000 jobs in the hospitality sector have disappeared since the government unveiled its hike to employers’ National Insurance Contributions, and lowered the threshold at which it is paid. Employers have also had to contend with a rise in the minimum wage amid a storm of other headwinds including inflation, energy costs and generally weak [...]

  • Labour to introduce new licensing rules to boost high street venues

    July 26, 2025

    The Labour government has pledged to simplify the opening process for new high street venues in a bid to ramp up British hospitality prospects. Chancellor Rachel Reeves has said new licensing framework, which comes as part of Labour’s overhaul on planning, plans to fast-track permissions for al fresco dining, helping to “protect pavement pints”. The [...]

  • Jonathan Reynolds slams wealth tax as ‘daft’ in broadside against Labour left

    July 25, 2025

    Jonathan Reynolds has dismissed the prospect of a wealth tax as “daft”, amidst repeated warnings from the City that the policy would damage the UK economy.  In a podcast interview with GB News, the business secretary told those on the left of the Labour party: “Get serious!”  Reynolds insisted that much of Labour policy already [...]

  • Growth mandate won’t harm consumers, says competition watchdog

    July 16, 2025

    The boss of the UK’s competition watchdog has insisted there is no additional risk of consumer harm from the government’s bid to put regulators on a growth footing, despite her former chair being ousted for not buying into the push. Competition and Markets Authority (CMA) boss Sarah Cardell said she saw “no tension” between her [...]

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