Legal watchdog re-examines Jonathan Reynolds solicitor claim February 25, 2025 The legal regulator said it will look at the Jonathan Reynolds claim to be a solicitor again after it became "aware of further information"
Defence spending to rise to 2.5 per cent by 2027 via aid cuts, Starmer confirms February 25, 2025 Sir Keir Starmer has announced the “biggest sustained increase in defence spending since the end of the Cold War” as he confirmed the UK would spend 2.5 per cent of GDP [gross domestic product] by 2027. The Prime Minister unveiled the policy in a statement to the House of Commons after reports he was set [...]
Reynolds sorry for calling himself solicitor but denies ‘misrepresentating’ February 25, 2025 Jonathan Reynolds has apologised for describing himself as a solicitor in Parliament, but has insisted he was not “misrepresenting myself professionally”. The business secretary has been accused of claiming to have been a solicitor, despite only ever being a trainee, before becoming an MP, including in a 2014 speech in the House of Commons, on [...]
UK government aligns with US with AI regulation delays February 25, 2025 The UK government has postponed its plans to introduce legislation regulating artificial intelligence (AI), as ministers reassess their approach in light of the US’s de-regulatory stance on AI. The proposed bill aimed to require AI companies to submit large language models (LLMs), like OpenAI’s ChatGPT, for testing by the UK’s AI safety institute. It was [...]
London Stock Exchange boss: UK needs to change ‘perverse’ view on retail investment February 25, 2025 "We have a regulatory structure that has historically made it easier to buy a riskier product and then hardest to buy the least risky product in the stack, which is perverse," she said.
Inheritance tax: Ministers urged to ‘do right thing’ ahead of farming summit February 25, 2025 The government is being urged to “do the right thing” over its plan to bring in inheritance tax for farm businesses worth more than £1m, following months of protests by farmers. Ministers are being encouraged to “reset” their relationship with Britain’s farmers, ahead of the National Farmers’ Union (NFU) conference on Tuesday. President Tom Bradshaw [...]
UK legal sector ‘open for business’, with new Arbitration Act, minister says February 24, 2025 The UK is “open for business” as the new Arbitration Act received royal assent, the courts and legal services minister has said. The new law, which is aiming to boost the UK ranking in modern dispute resolution and attract international business, passed the final legislative hurdle today [Monday]. It aims to make arbitration fairer and [...]
Sanctions: Kremlin-linked oligarchs hit by UK regime on ‘grim milestone’ of war February 24, 2025 The UK is extending its sanctions regime against Russia as it marks the “grim milestone” of the third anniversary of the invasion of Ukraine. Ministers have unveiled the largest sanctions package against Russia since 2022, with 107 new sanctions targeting Russian military supply chains, third-country supporters and revenue and profits fuelling the war chest and [...]
Jonathan Reynolds relaunches trade deal talks with India February 24, 2025 The UK has relaunched talks on a free trade deal with India, with Jonathan Reynolds in New Delhi to resume negotiations. The business and trade secretary begins refreshed discussions with his Indian counterpart commerce minister Piyush Goyal in the South Asian capital today (Monday, February 24), marking a new phase of negotiations between the world’s [...]
Defence spending: 2.5 per cent of GDP is ‘ambitious,’ minister says February 23, 2025 Raising UK defence spending to 2.5 per cent of national income is “ambitious”, a cabinet minister has insisted as the government faces pressure to increase investment. It comes amid uncertainty over the future of the war in Ukraine, as the US began negotiations with Russia, excluding Kyiv from talks. Education secretary Bridget Phillipson sought to [...]