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The Business, Innovation, Science and Trade Secretary spoke at the West Midlands Growth Summit in Coventry on 8 October 2026.
New Industrial Tech Corridor will help companies in both countries to strike partnerships that drive investment, new jobs and adoption of cutting-edge technologies.
Overseas buyers will be offered a new UK Export Finance loan guarantee to incentivise buying goods and services from British companies.
Geothermal Engineering Limited will invest around £43 million in a new lithium mine in Cornwall, backed by nearly £10 million through government's DRIVE35 fund.
The Business Secretary has welcomed over £1 billion of automotive investment announcements in the UK in just seven days.
Embassy event will bring together government authorities, industry representatives and academia to discuss key findings of the reports and explore next steps for the development of the sector.
Britain's automotive sector will benefit from almost £130 million of investment to ramp up new zero emission technologies, government has announced today.
The Government has today (16 July) taken British Steel into public ownership to protect the future of steel production in the UK.
First published during the 2024 to 2026 Starmer Labour government
The Government has announced regulatory reforms to help businesses test and commercialise new products faster. Marking one year on from the launch of the Modern Industrial Strategy, the changes will boost investment, support…
Households and businesses are set to benefit from stronger, more secure supply chains as the UK invests £50 million in critical minerals projects.
Matt Western MP, UK Trade Envoy, visits Cambodia to boost trade and investment ties, building on past engagement and reaffirming support for sustainable growth.
Marco Amitrano has been appointed Business Co-Chair of the Professional and Business Services Council (PBSC).
The Government has announced new funding packages for the ceramics and chemicals sectors, worth £120 million and £350 million respectively.
The Steel Industry (Nationalisation) Bill will take its first step through Parliament today with its First Reading.
The MHRA hub in Belfast will strengthen collaboration and engagement with local industry, academia and the healthcare sector.
Isomorphic Labs – a company using frontier AI for drug design and development – is the latest to receive investment from Sovereign AI.
New legislation to be announced in the King's Speech on Wednesday will give government the option to bring British Steel into public ownership.
Organised by the British Embassy and the British Chilean Chamber of Commerce, the UK GREAT Zone showcased leading UK companies in the aerospace, defence, and security sectors.
Sovereign AI is the UK’s £500 million bet to back homegrown AI founders, drive growth and create jobs across the UK.
The Government has announced that electricity bills will be cut by up to 25% for over 10,000 businesses through the British Industrial Competitiveness Scheme.
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