Private companies have pledged over £100bn in investment for the UK's green economy, primarily in offshore wind, solar, and electricity grids. Energy Secretary Ed Miliband hailed this as a boost for jobs and growth, countering claims that net zero policies harm the economy.
City & Guilds has guaranteed that plans for mass compulsory redundancies and offshoring of UK jobs to Greece will no longer go ahead, following union negotiations. The vocational training body faced backlash after its acquisition by PeopleCert.
UK jobs adviser Alan Milburn warns of an 'anxious generation' of young people struggling with mental health and digital world impacts, risking economic catastrophe. His report highlights high NEET rates and calls for businesses to offer more flexibility and mental health support.
Sir Keir Starmer says the UK is discussing joining a €90bn EU loan scheme to support Ukraine, which will create jobs in Britain and improve UK-EU relations. The scheme, approved by EU leaders last month after Hungary lifted its veto, will provide two-thirds of funds for Ukraine's defense needs. Starmer met President Zelensky in Armenia ahead of the summit, with further UK sanctions on Russian companies expected this week.
