LONDON, May 14 -- The government of the United Kingdom issued the following news: Shahpur Kabraji Shahpur is a Partner of Simpson Thacher & Bartlett LLP, a leading global law firm. He focuses on domestic and cross-border finance transactions and regularly advises leading global private equity sponsors, their portfolio companies and corporates in connection with a variety of corporate finance transactions. As part of his various responsibilities at Simpson Thacher, he is co-chair of the London ...
LONDON, May 14 -- The government of the United Kingdom issued the following news: * Lucy Rigby, Economic Secretary to the Treasury, has commissionedindependent review to protect access to face‑to‑face banking across the UK. * Review to be led by Richard Lloyd, former Which? director and former board member of the FCA. * Findings will inform new powers for Government to act where access to banking is at risk. The Government is taking action to ensure people and communities across th...
LONDON, May 14 -- The government of the United Kingdom issued the following news: Environment Secretary Emma Reynolds is visiting Northern Ireland this week to meet farmers, growers and businesses at the heart of its agri-food sector and discuss the benefits of the new UK-EU food and drink deal. Northern Ireland already benefits from full EU market access, thanks to its unique position under the Windsor Framework. But for the first time since EU Exit, most food and drink goods moving from GB t...
LONDON, May 14 -- The government of the United Kingdom issued the following news: Locals to decide name for Wylfa SMR project Great British Energy - Nuclear (GBE-N) has today launched a naming competition for its flagship small modular reactors (SMR) at Wylfa on Anglesey in North Wales. In November last year, it was announced that Wylfa had been selected as the location for the UK's first SMRs, which was followed by GBE-N signing contracts with Rolls-Royce SMR to be the technology provider fo...
LONDON, May 14 -- The government of the United Kingdom issued the following news: Plans to strengthen protections for pig farmers and industry have been stepped up today (Thursday 14 May) as the government introduces new measures in the event of a swine fever outbreak. African SwineFever (ASF)isa disease which affects pigs and wild boar and in recent years it has been circulating in parts of Asia and Africa, leading to the deaths of millions of pigs worldwide and causing significant disruption...
LONDON, May 14 -- The government of the United Kingdom issued the following news: * UK-Türkiye industrial relationship strengthened following the landmark £8 billion Typhoon export agreement. * Visit underscores importance of alliances and partnerships in this new era for defence. Defence Minister Lord Coaker has completed a four-country tour reaffirming Britain's commitment to Euro-Atlantic security, defence partnerships, and regional stability. Earlier this week in Podgorica, Lord...
LONDON, May 14 -- The government of the United Kingdom issued the following news: An estimated100,000 veterans in London and the East of EnglandstandtobenefitfromVALOUR,anew networkofrecognisedcentres that willcoordinateaccess to support across health, housing, employment and more. The Office for Veterans' Affairs(OVA)in the Ministry of Defence has already provided £13m of funding to 14 organisations to join theUK-wideVALOUR system,withtheOVA inviting organisations inLondon andtheEast of ...
LONDON, May 14 -- The government of the United Kingdom issued the following news: A Bill to grant the Government powers to nationalise steel companies such as British Steel, subject to a public interest being met, will be introduced to Parliament today (14 May), marking an important step towards safeguarding the long‑term future of the UK steel industry. The Bill will have its First Reading - its formal introduction to Parliament - today, with its Second Reading expected to take place in...
LONDON, May 14 -- The government of the United Kingdom issued the following news: * Hertfordshire-based Masters Speciality Pharma secures government-backed insurance to supply critical medicines to Saudi Arabia * Government backing unlocked additional finance from HSBC UK to enable Masters to deliver significant orders, worth over £2.3 million * The support demonstrates the government's continued commitment to UK exporters in the Middle East UK Export Finance (UKEF) - the government's exp...
LONDON, May 14 -- The government of the United Kingdom issued the following news: * New rules,announcedtoday, meansupplierscanbepaid moreforcompletingprojectstotime and budget,while thosewhofailtodeliverwillreceiveless * Incentive payments of up to 10%canreward suppliers who get equipment to our Armed Forces faster and more efficiently. * Smaller and innovative businesses will find it easier to work with defence, bringing new ideas and technologies to the frontline sooner. Defence companieswil...