UK Business Secretary Peter Kyle stated he would have intervened to block the sale of ARM Holdings if he had been in government in 2016. He regrets the loss of UK tech 'crown jewels' like ARM and Deep Mind, emphasizing the need to retain wealth-creating companies.
UK Business Secretary Peter Kyle aims to nurture the UK's first trillion-dollar company by increasing risk thresholds for public investment vehicles like the British Business Bank (BBB) and National Wealth Fund (NWF). Critics question the "aggressively ambitious" approach and potential for civil servants to act as fund managers, urging a return to disciplined investment principles.
Senior Labour minister Peter Kyle warns the party hasn't learned from Conservatives about changing leaders, stating "entitlement is not a qualification." Wes Streeting calls for a "battle of ideas" over a "coronation" for potential leadership contenders.
UK Business Secretary Peter Kyle will meet EU Trade Commissioner Maroš Šefčovič to discuss planned EU tariff-free import reductions for British steel. The EU's proposed 47% cut from July 1st, alongside the UK's 60% reduction, sparks fears of collateral damage and retaliatory measures, impacting industries on both sides.
UK Business Secretary Peter Kyle will meet EU trade commissioner Maroš Šefčovič to discuss planned EU cuts to tariff-free steel imports. The UK industry fears "devastating" consequences from the EU's 47% reduction, while EU leaders worry about UK retaliation. Both sides are introducing safeguards against Chinese competition, but fears grow of collateral damage.
India is reviewing tariff concessions on products like Scotch whiskey if the UK does not address concerns over steel quotas and duties before ratifying a trade agreement. The treaty's implementation is indefinitely deferred.
Darren Jones says the prime minister is ‘listening to colleagues’, and does not rule out PM announcing resignation timetableStarmer on the brink as cabinet ministers urge him to quitDarren Jones, the chief secretary to the PM, is the minister doing the broadcast interview round this morning.Yesterday Peter Kyle, the business secretary, was the government spokesperson speaking in this slot. He was bullish in support of Keir Starmer.He’s listening to colleagues and he’s talking to colleagues. I can’t get get ahead of any decision he might take.I spoke to the prime minister last night, as you would expect, and he is talking to colleagues who have raised issues yesterday. But he was also very clear, as I’m sure all of my colleagues are, that coming into the office this morning, as we all are doing, we’re absolutely focussed on our jobs, on delivering the things that we’ve promised to deliver for the public.I’m not going to get ahead of any decision that the prime minister may or may not take.Obviously colleagues are asking the prime minister to consider different options in the future. And, as I say, he rightfully is listening to them. It’d be wrong if he wasn’t listening to them.[Starmer’s] got an important job to do as prime minister of our country … He’s got an important job as leader of the Labour party. and if the prime minister, decides to say anything further to his speech yesterday, I’m sure he’ll come and do that on on Sky news very shortly. Continue reading...
Der britische Wirtschaftsminister Peter Kyle warnt eindringlich vor den wirtschaftlichen und gesellschaftlichen Gefahren, die von Nigel Farages populistischer Partei Reform UK ausgehen könnten.
In Umfragen liegt die Partei Reform UK des britischen Rechtspolitikers Nigel Farage weit vorn. Minister Peter Kyle von den Sozialdemokraten warnt nun: Wenn die regieren, wird es schlimmer als einst unter Liz Truss.
