Rt Hon Jonathan Reynolds MP
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Ministers say regulatory reforms and extended tariff suspensions could save British businesses almost £800 million a year, with changes to company reporting and small-business paperwork.
A provisional Franco-German proposal could bring British automotive products within EU Made in Europe rules, but would require reciprocal trade arrangements and alignment with EU trade defences.
Ministers have opened a 12-week consultation on employment status reforms aimed at preventing workers from being wrongly classified as self-employed, with up to 900,000 people potentially affected.
McLaren Automotive is investing around £500 million to expand its UK manufacturing and engineering operations, creating 1,000 jobs by 2032 and potentially supporting thousands more across the supply chain.
Piddington residents have voted 285 to 26 to symbolically leave the United Kingdom in protest against plans to house up to 1,256 male asylum seekers at nearby MoD Bicester.
The Government will work towards the public acquisition of Speciality Steel UK after rejecting a private-sector proposal, with more than 1,300 jobs supported across four sites.
The Government has launched a new UK Space Strategy backed by £7.8 billion to 2030, including major investment in satellite communications, space intelligence and protection against hostile threats.
Jaguar Land Rover has confirmed plans to cut around 4,000 jobs globally over two years as the carmaker targets £1.7 billion of savings, with ministers preparing further talks with the company.
Business Secretary Jonathan Reynolds has ruled out a taxpayer-funded bailout for Jaguar Land Rover as the carmaker prepares major job cuts, while leaving the door open to support for long-term investment.
Senior Reform UK figures have publicly divided over Zia Yusuf's comments about Somali-born Camden Council leader Sagal Abdi-Wali, with Nadine Dorries calling his post 'nasty' while Robert Jenrick defended him against accusations of racism.
The Government has announced plans to simplify UK corporate reporting, potentially exempting some medium-sized companies from audits and removing reporting requirements for thousands of smaller firms.
The Government has named 658 employers for National Minimum Wage breaches, with around £4 million repaid to more than 27,000 workers and £7 million in penalties imposed.
Prime Minister Andy Burnham has launched a crackdown on rogue builders and private bailiffs, including a new Approved Code and milestone-linked payment system — but participation in the flagship trader scheme will be voluntary.
The Government has announced plans to work with major UK pension providers on a proposed £1 billion scale-up fund designed to invest in Britain's fastest-growing science and technology businesses.
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