Electricity Bill Reductions by 2027 Included in UK’s 10-Year Growth Plan Electricity bill reductions are set to take effect for thousands of businesses across the United Kingdom from 2027, following the government’s updated industrial strategy. The initiative aims to reduce operating costs for energy-intensive firms and enhance access to essential infrastructure, such as the electricity…
DetailsGovernment‑backed Financing Expands £20 Billion to Aid British Exporters Government‑backed financing has received a boost as the UK government unveiled a multi-billion‑pound expansion to support exporters and small firms during a shifting global trade era. The Treasury and the Department for Business and Trade confirmed that UK Export Finance (UKEF) will see its lending capacity rise…
DetailsOffice for Investment Revamped to Attract International Investors The UK government has unveiled a new Office for Investment (OfI), designed to attract strategic capital and support national growth. This initiative, as a part of the broader “Plan for Change”, aims to create jobs and improve innovation and productivity across several industries. Over the last few…
DetailsAI Skills Initiative Aims to Train 20% of UK Workforce by 2030 New AI skills initiative, the UK AI Skills Drive has been launched to provide essential AI training to 7.5 million UK workers, which accounts for one-fifth of the workforce. Technology Secretary Peter Kyle chaired discussions on June 13 with companies such as Amazon,…
DetailsUK-India Free Trade Agreement: A New Chapter in Economic Collaboration The United Kingdom and India have officially signed one of their most significant free trade agreements in history. This deal will lower tariffs, ease access to key markets, and unlock new opportunities for both nations. Designed to support long-term growth, the agreement is expected to…
Details£1.5m to Be Invested in LawtechUK to Accelerate Legal Services Innovation LawtechUK has been awarded an additional £1.5 million to support digital transformation in the legal services sector. The announcement was made by Justice Minister Sarah Sackman during the UK Lawtech Conference, as part of the Government’s wider strategy to improve the legal technology landscape.…
DetailsCyber Governance Code of Practice Introduced in the United Kingdom The United Kingdom has introduced a Cyber Governance Code of Practice to help businesses strengthen cybersecurity within their firms. The code lays out practical actions organisations can take to protect themselves from cyber threats. Furthermore, it comes in response to growing concerns over digital vulnerabilities…
DetailsEmployment Rights Bill: Major Reforms Set to Transform UK Workforce In an attempt to modernise the nation’s labour laws, the United Kingdom government has introduced the Employment Rights Bill. The bill aims to balance the relationships between employers and employees by fostering a fairer and more equitable workplace culture. Provisions of the Employment Rights…
DetailsArbitration Act 2025 Receives Royal Assent: How Will It Help Dispute Resolution? The long-anticipated Arbitration Act 2025 has officially received Royal Assent and become law. The act introduces several reforms in the arbitration sector and aims to make the United Kingdom the best country for dispute settlement without having to go to court. The arbitration…
DetailsUK-Switzerland Agreement Signed to Ease Recognition of Professional Qualifications Between the Two Countries The UK and Switzerland have signed an agreement to streamline the recognition of professional qualifications for individuals in the two countries. The UK-Switzerland Recognition of Professional Qualifications Agreement covers more than 200 professions, including those in sectors like law, veterinary medicine, and…
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