Tag: UK Government

UK and Ukraine to sign ‘landmark 100 Year Partnership’

The UK and Ukraine will sign a historic partnership, as the Prime Minister travels to the country to meet President Zelenskyy

  • Treaty will bolster military collaboration on maritime security through a new framework to strengthen Baltic Sea, Black Sea, and Azov Sea security and deter ongoing Russian aggression
  • Will bring together experts to advance scientific and technology partnerships, in areas such as healthcare and disease, agri-tech, space and drones, and build lifelong friendships through classroom projects
  • New UK-built Grain Verification Scheme will also be launched to track stolen grain from occupied Ukrainian territories

The UK and Ukraine will sign a historic partnership, as the Prime Minister travels to the country to meet President Zelenskyy.

The unbreakable bonds between the UK and Ukraine will be formalised through the landmark new 100 Year Partnership between the two countries, broadening and deepening the relationship across defence and non-military areas and enabling closer community links.

From working together on the world stage to breaking down barriers to trade and growth and nurturing cultural links, the mutually beneficial partnership will see the UK and Ukraine advocate for each other to renew, rebuild and reform for generations to come.

The partnership underpins the Prime Minister’s steadfast leadership on Ukraine as his government continues to provide support. Spanning nine key pillars, it will harness the innovation, strength and resilience that Ukraine has shown in its defence against Russia’s illegal and barbaric invasion; and foster it to support long-term security and growth for both our countries. The Treaty and political declaration, which form the 100 Year Partnership, will be laid in Parliament in the coming weeks.

It is expected to bolster military collaboration on maritime security through a new framework to strengthen Baltic Sea, Black Sea, and Azov Sea security and deter ongoing Russian aggression, bring together experts to advance scientific and technology partnerships, in areas such as healthcare and disease, agri-tech, space and drones, and build lifelong friendships through classroom projects.

It also cements the UK as a preferred partner for Ukraine’s energy sector, critical minerals strategy and green steel production.

The 100 Year Partnership is a major step in supporting Ukraine’s long-term security – ensuring they are never again vulnerable to the kind of brutality inflicted on it by Russia – and committing to stand shoulder-to-shoulder with a sovereign Ukraine for the next century.

Ukraine has a highly trained military, and a thriving technology sector that is rapidly designing and deploying state of the art battle-ready equipment: a security partnership with Ukraine will make Britain stronger. 

To mark the signing of the partnership today, the Prime Minister is expected to announce new UK support for Ukraine from lethal aid to economic resilience.

Prime Minister Keir Starmer said: “Putin’s ambition to wrench Ukraine away from its closest partners has been a monumental strategic failure. Instead, we are closer than ever, and this partnership will take that friendship to the next level.

“This is not just about the here and now, it is also about an investment in our two countries for the next century, bringing together technology development, scientific advances and cultural exchanges, and harnessing the phenomenal innovation shown by Ukraine in recent years for generations to come.

“The power of our long-term friendships cannot be underestimated. Supporting Ukraine to defend itself from Russia’s barbaric invasion and rebuild a prosperous, sovereign future, is vital to this government’s foundation of security and our Plan for Change.

“Through this partnership, we are creating a strong economy that works for the British people, a safe country that protects our interests at home and abroad, and a prosperous society.”

The Prime Minister will join a Ukrainian class dialling into a primary school in Liverpool today, who will be joined by the Education Secretary, Bridget Phillipson. He will hear from the next generation about how the partnership will deliver brighter futures for children in both countries, fostering cultural exchanges and learning for youngsters.

100 schools in the UK and Ukraine will be partnered over the coming months as part of a two-way programme built around reading for pleasure. Through sharing stories from their own cultures, they will explore the power of reading to overcome adversity – building links between the countries for generations to come.

The Prime Minister is also expected to see firsthand how UK aid is supporting Ukrainians living under bombardment through a visit to a Ukrainian hospital. He will meet patients and doctors and hear how £100m of UK humanitarian funding is supporting needs across Ukraine and specialist medical care for burn victims, including those maimed by Russian missiles raining down on neighbourhoods.

The hospital is being supported by specialist NHS doctors, who are upskilling Ukrainian medical teams and providing lifesaving opinions on treatment for severely injured patients, both virtually and through short deployments to the country. Many admitted to the hospital have burns to between 30% and 40% of their body surface.

The Prime Minister will also announce £40m for a new economic recovery programme to unlock hundreds of millions of pounds worth of private lending to bolster the growth and economic resilience of small and medium businesses in Ukraine, which form the backbone of the country’s economy.

The programme will create opportunities for UK companies by supporting key growth sectors in Ukraine, opening up enhanced trade and investment opportunities with one of our closest allies. The funding will be targeted at businesses supporting the green economy, and marginalised groups including women and veterans.

It is hoped over the long term, the programme, called TIGER (Triggering Investment Growth and Economic Resilience), will reduce reliance in Ukrainian communities on humanitarian support and help build economic resilience.

And as part of the partnership, a new Grain Verification Scheme will also be launched to track stolen grain from occupied Ukrainian territories. The UK developed the new scheme following an ask from Ukraine to the G7 to help trace snatched grain from Ukraine fields under Russian control, which is then relabelled and sold on.

Using cutting edge science to help determine where grain has been grown and harvested, the UK has developed a database to support Ukraine’s efforts to trace and stop theft of grain from occupied regions.

Ukraine, a country which remains a major supplier of agricultural produce, is crucial for global food security. The database will be handed over to Ukraine from the Environment Secretary in the coming weeks.

Today’s announcement builds on the £12.8 billion package of support the UK has given Ukraine, including £7.8bn of military assistance, a commitment for £3bn in military aid until as long as it takes, and ongoing energy infrastructure support to help hospitals and community facilities provide light and warmth to innocent civilians impacted by Putin’s invasion.

The UK and Ukraine will use an annual high-level Strategic Dialogue to ensure progress on the partnership for decades to come.

Chancellor’s National Wealth Fund ‘fuels 8,600 jobs in six months’

  • 8,600 jobs fuelled across the UK by the Chancellor’s National Wealth Fund since July, with almost £1.6 billion of private investment unlocked, delivering on the Plan for Change.
  • Jobs and investment spread across UK’s growth sectors from clean energy to digital infrastructure, driving government’s number one mission to grow the economy
  • New deal also announced today for North Wales with £92 million committed to support crucial improvements to coastal flood defence barriers protecting business and homes.

Thousands of jobs have been fuelled by the Chancellor’s National Wealth Fund in the last six months, with almost £1.6 billion of investment unlocked, driving growth across all corners of the UK.

The Chancellor began work just days into office to establish a new National Wealth Fund (NWF) that would invest in the new industries of the future to create good jobs and opportunity across every part of the country. With £27.8 billion of firepower, the NWF will help drive the government’s Plan for Change and turbocharge growth across the country to raise living standards in every part of the United Kingdom.

The jobs that have been created will support the digital and clean energy sectors, including 6,500 expected to be created in the retrofit sector across the UK, with the NWF providing a financial guarantee that will see Lloyds and Barclays deliver £1 billion of funding to deliver improvements such as low carbon heating and insulation in social housing.

New figures reveal almost £1.6 billion of private investment has been leveraged into projects across the UK’s clean energy and growth sectors over the past six months. This includes to support faster broadband connections for thousands of businesses and households in Cornwall, Yorkshire, Lincolnshire and Cumbria, fuelling economic growth.

Millions of pounds have also been committed to help West Suffolk Council to decarbonise its buildings and transition its fleet to electric vehicles, alongside supporting the expansion of a successful rooftop solar scheme.

This innovative investment model has the potential to be replicated by other local authorities and means more businesses can benefit from low cost, low carbon electricity, supporting local businesses and the growth of the clean energy sector.

It comes as today, the NWF announces a loan of £92 million to support Denbighshire County Council’s crucial improvements to coastal flood defence barriers in Denbighshire, North Wales, protecting businesses and homes against the devastating impact of flooding, creating jobs and growth in the construction industry.

Chief Secretary to the Treasury Darren Jones said: “Growth is our national mission, and the cornerstone of our Plan for Change that will improve living standards and put more money in people’s pockets.

“And the National Wealth Fund is playing a vital part in delivering economic growth, securing over a billion of private investment since July in industries that turbocharge growth in our economy and create good quality jobs across the UK”.

The Chancellor announced in October how the NWF would drive long-term investment in Britain, working hand in hand with business to create new high skilled jobs right across the UK, helping make people better off.

To mobilise investment at pace, the NWF will expand on the UK Infrastructure Bank’s offer including additional financial instruments so it is more catalytic and will take on more risk to have a greater impact:

  • The NWF has more capital with £27.8 billion – inheriting UKIB’s £22 billion and having an additional £5.8 billion.
  • It has a renewed focus to support the delivery of the wider industrial strategy, and the Government’s clean energy and growth missions. At least £5.8bn of the NWF’s capital will focus on the five sectors announced in the manifesto: green hydrogen, carbon capture, ports, gigafactories and green steel.
  • The NWF will have increased resources and focus on conducting more outreach to identify expanded project pipelines and structure innovative transactions.
    It will have a strong regional mandate to unleash the full potential of our cities and regions.

Roads Minister tests the ‘Pothole Pro’ for National Pothole Day, following record £1.6 billion government boost

UK Government pledges funding to fix up to 7 million potholes in England this year

  • Roads Minister visits JCB plant in Derbyshire on National Pothole Day, to see how the government’s record £1.6 billion boost is fixing the nation’s roads
  • new funding includes £75 million for the East Midlands which will see councils across England fill up to 7 million more potholes this year
  • as part of its Plan for Change, the government is investing to boost infrastructure and tackle the pothole plague to get Britain moving

Future of Roads Minister, Lilian Greenwood, is marking National Pothole Day (15 January 2025), with a visit to the JCB Factory outside Derby, to see cutting-edge technology helping councils tackle potholes.

Derbyshire, highlighted by the RAC as the worst area in England for potholes, is set to benefit from a share of the government’s record £1.6 billion investment to resurface across England.

This includes an additional £20 million for the East Midlands County Combined Authority, which includes Derbyshire, as part of a £1.6 billion funding for highway maintenance that will enable councils to fix up to 7 million more potholes.

At the J.C. Bamford Excavators Limited (JCB) power systems factory, the Roads Minister will speak to engineers to learn about the latest innovations being used to tackle the pothole plague. She will operate JCB’s ‘pothole pro’, a machine that can fix a pothole in 8 minutes, with a cost of around £30. The ‘pothole pro’ is currently used by 20 local authorities.

The minister will also meet with local leaders to discuss their plans for filling potholes to deliver safer, quicker and less costly journeys for all road users in Derbyshire. This is part of the government’s plans to work more closely with local authorities to ensure they have the powers to spend it where their communities need it most.

As part of its Plan for Change, the government is committed to delivering safer, smoother journeys – reducing delays, saving drivers money and going above and beyond its manifesto pledge.

Future of Roads Minister, Lilian Greenwood, said: “Potholes are a clear sign of decline in our infrastructure and for too long roads like those in Derbyshire have been left in a state that endangers and costs road users.

“It’s time for change and we are investing £1.6 billion to fix up to 7 million more potholes across England this year, including over £75 million for the East Midlands Combined Authority.

“JCB’s ‘pothole pro’ is one of the many great examples of using new technology to repair potholes faster and demonstrates how companies are harnessing new technology to repair potholes faster.

“We’ll continue to engage with local leaders and industry to ensure innovations are being used to deliver roads the country deserves.”

Ben Rawding, general manager, municipalities at JCB, said: ” We are looking forward to introducing the minister to the benefits that innovation and technology can deliver in tackling the plague of potholes in our country.

“Last month’s announcement by the Department of Transport of £1.6 billion of funding for road repairs in England during 2025 is very welcome. Our appeal to the Minister will be for this funding to be spent wisely to ensure permanent long-term repairs become the priority for local authorities making best use of value-adding, productive technology such as the JCB pothole pro.”

RAC senior policy officer, Rod Dennis, said: “There’s no motoring-related issue drivers are more concerned about than the state of their local roads – where almost everyone’s journeys begin and end.

“Going beyond merely patching potholes is the name of the game, and using the latest technology to perform permanent repairs is a much better use of public money. To stop our roads falling apart in the first place, we support councils surface dressing them at regular intervals and resurfacing those that are beyond reasonable repair.

We’d also strongly encourage drivers to report potholes they’re aware of to their local authority, via GOV.UK, the RAC website or using the Stan app.”

https://twitter.com/i/status/1879423539310207058

The UK government’s latest road maintenance funding builds on the wider support it’s giving to councils to deliver core services and serve their communities.

£69 billion of funding will be injected into council budgets across England to help them drive forward the government’s Plan for Change through investment and reform and to fix the foundations of local government.

You can report potholes on GOV.UK, using the RAC website or the Stan app.

83% of drivers paying out of pocket for pothole damage

Insurance experts are urging drivers to understand how they can claim for motor damage caused by potholes. 

This comes after a survey from Quotezone.co.uk reveals 92% of drivers feel potholes in their local area are getting worse. 

Because of this, many drivers are having to take evasive action to help prevent an incident or unnecessary damage. 

Nine out of ten, (94%), admit to having swerved a dangerous pothole to avoid damaging their car, but the insurance experts say these actions could actually see drivers penalised, disqualified from driving, or hit with penalty points for careless and inconsiderate driving. 

Motorists could find themselves hit with fines of up to £2,500 if their attempts to avoid pothole damage are viewed as driving without due care and attention.

Of those who have experienced vehicle damage due to potholes, over four in five (83%) have paid out of pocket for repairs, while only 6% have claimed through their insurance company. 

Drivers can claim for pothole vehicle damage either through the local council looking after the road, local road authority, or through their insurance provider. 

It’s important to remember no claims discounts will likely no longer be in place for those who choose to claim through their insurance, and they will normally have to pay the excess fee, so it’s worth weighing up the savings. 

Before making a report to the local council, it’s important to gather as much information as possible to help prove eligibility to claim and that the damage was caused by a pothole – witnesses to the incident and evidence from a trained mechanic can help with this. 

Motorists are also told to record where and when the accident occurred and take a photo if it is safe to do so, noting the size and location of the pothole. Note the pothole in question normally needs to be at least 40mm deep.   Copies of this essential information can then be used when making the report to the council or local road authority depending on the area. 

Greg Wilson, Founder and CEO of Quotezone.co.uk said: “With the battle against potholes surging across the country, it’s not surprising to hear so many are having to make manoeuvres to avoid driving over dangerous potholes. 

“Costly damage to vehicles is the last thing any driver needs right now, but we want to help them understand what they are entitled to if they can prove they have experienced vehicle damage as a result of driving over an unrepaired pothole. 

“Many drivers are unaware their attempts to avoid car damage from dangerous potholes could see them penalised. From our survey, 66% of drivers admitted they were not aware swerving potholes was illegal. 

“However, with 92% saying the potholes in their area are an increasing problem and are not being fixed quickly or at all – it is not surprising to hear that so many are having to make potentially dangerous manoeuvres to avoid hitting potholes. 

“When claiming, it’s key to include as much information as possible – you could also provide contact details for anyone who witnessed the incident. 

“This will all strengthen your case when it comes to proving the damage was caused solely by the unrepaired pothole and helping you to secure the appropriate compensation. 

“If you have tried to claim through the local council and been turned away, you can look to your insurance provider for protection.  If your policy is fully comprehensive then pothole damage is normally covered as standard. 

“You will need to provide them with as much information as possible and help them to understand how the damage was solely caused by the unrepaired pothole. 

“However, when taking this route, it is important to remember your no claims discount will likely be affected, so check the policy details carefully and look for no claims bonus protection – also try quoting with the claim added to see if your premium price will change, to help you make the decision.”

Quotezone helps millions of UK drivers every year compare car insurance quotes and find real savings across all sorts of products including car insurance for learner drivers, affordable car insurance for new drivers and even fleet insurance.  

Gordon Macdonald MSP calls out Labour’s betrayal of 24,230 WASPI women across Edinburgh

Gordon Macdonald MSP has hit out at UK Labour government’s betrayal of WASPI women as figures from the Scottish Parliament Information Centre (SPICe) reveal 24,230 women across Edinburgh may have lost out on pension payments.

As a result of the DWP’s failure to inform them of changes to the state pension age, it is estimated that a total of 355,910 women across Scotland did not receive money they were entitled to.

Now, following their electoral victory in July last year, the UK Labour government have reneged on their promise to compensate these women. The SNP however continues to call for the WASPI Women to receive the compensation they deserve, doing so again in a Holyrood debate this week.

Commenting, Gordon Macdonald MSP said: “The Labour government’s betrayal of the WASPI Women is utterly shameful.

“As many as 24,230 across Edinburgh have lost out as a result of a UK government mistake, and many have tirelessly campaigned for decades to right this wrong.

“For the Labour Party – after mere months in power – to break their promise to compensate these women is wrong and an enormous breach of trust.

“The SNP will continue to campaign alongside the WASPI Women for the compensation they deserve. I urge the Labour government to see sense and u-turn on their decision.”

Based on NRS mid-year 2023 population estimates

Local authorityNumber
Aberdeen City11,360
Aberdeenshire16,560
Angus7,990
Argyll and Bute6,670
City of Edinburgh24,230
Clackmannanshire3,320
Dumfries and Galloway11,120
Dundee City7,820
East Ayrshire7,860
East Dunbartonshire7,480
East Lothian7,170
East Renfrewshire6,130
Falkirk9,500
Fife23,710
Glasgow City29,560
Highland16,430
Inverclyde5,490
Midlothian5,630
Moray6,240
Na h-Eileanan Siar1,890
North Ayrshire9,730
North Lanarkshire19,840
Orkney Islands1,520
Perth and Kinross10,500
Renfrewshire11,240
Scottish Borders8,740
Shetland Islands1,380
South Ayrshire8,610
South Lanarkshire21,140
Stirling5,400
West Dunbartonshire5,820
West Lothian10,070

Starmer sets out blueprint to ‘turbocharge AI’

Artificial intelligence ‘will deliver a decade of national renewal’ as part of a new plan announced today

  • AI to drive the Plan for Change, helping turbocharge growth and boost living standards
  • public sector to spend less time doing admin and more time delivering the services working people rely on
  • dedicated AI Growth Zones to speed up planning for AI infrastructure
  • £14 billion and 13,250 jobs committed by private tech firms following AI Action Plan

Artificial intelligence will be ‘unleashed across the UK to deliver a decade of national renewal’, under a new plan announced today (13 January 2025).

In a marked move from the previous government’s approach, the Prime Minister is throwing the full weight of Whitehall behind this industry by agreeing to take forward all 50 recommendations set out by Matt Clifford in his game-changing AI Opportunities Action Plan.

AI is already being used across the UK. It is being used in hospitals up and down the country to deliver better, faster, and smarter care: spotting pain levels for people who can’t speak, diagnosing breast cancer quicker, and getting people discharged quicker. This is already helping deliver the government’s mission to build an NHS fit for the future.

Unveiling details of the government’s AI Opportunities Action Plan today, the Prime Minister will say AI can transform the lives of working people – it has the potential to speed up planning consultations to get Britain building, help drive down admin for teachers so they can get on with teaching our children, and feed AI through cameras to spot potholes and help improve roads. 

Backing AI to the hilt can also lead to more money in the pockets of working people. The IMF estimates that – if AI is fully embraced – it can boost productivity by as much as 1.5 percentage points a year. If fully realised, these gains could be worth up to an average £47 billion to the UK each year over a decade.

Today’s plan mainlines AI into the veins of this enterprising nation – revolutionising our public services and putting more money in people’s back pockets. Because for too long we have allowed blockers to control the public discourse and get in the way of growth in this sector.

The plan puts an end to that by introducing new measures that will create dedicated AI Growth Zones that speed up planning permission and give them the energy connections they need to power up AI.

The UK occupies a unique place in the world. We can learn from the US’s and EU’s approach – delivering the dynamism, flexibility and long-term stability that we know businesses want. 

The Prime Minister, Keir Starmer, said: “Artificial Intelligence will drive incredible change in our country. From teachers personalising lessons, to supporting small businesses with their record-keeping, to speeding up planning applications, it has the potential to transform the lives of working people.

“But the AI industry needs a government that is on their side, one that won’t sit back and let opportunities slip through its fingers. And in a world of fierce competition, we cannot stand by. We must move fast and take action to win the global race.

“Our plan will make Britain the world leader. It will give the industry the foundation it needs and will turbocharge the Plan for Change. That means more jobs and investment in the UK, more money in people’s pockets, and transformed public services.

“That’s the change this government is delivering.”

It comes as three major tech companies – Vantage Data Centres, Nscale and Kyndryl – have committed to £14 billion investment in the UK to build the AI infrastructure the UK needs to harness the potential of this technology and deliver 13,250 jobs across the UK. That’s on top of the £25 billion in AI investment announced at the International Investment Summit.

Vantage Data Centres – which is working to build one of Europe’s largest data centre campuses in Wales – plans to invest over £12 billion in data centres across the UK – creating over 11,500 jobs in the process.

Kyndryl – the world’s largest IT infrastructure services provider and a leading IT consultancy – announces plans to create up to 1,000 AI-related jobs in Liverpool over the next three years. This new tech hub will share the Government’s ambition to roll AI out across the country to help grow the economy and foster the next generation of talent.

Nscale – one of the UK’s leading AI companies – has announced a $2.5 billion investment to support the UK’s data centre infrastructure over the next three years. They have also signed a contract to build the largest UK sovereign AI data centre in Loughton, Essex by 2026.

The plan includes initiatives that will help make the UK the number one place for AI firms to invest, which is vital if Britain is to be at the forefront of this industry and be a changemaker rather than a change-taker.

The key changes include:

  • forging new AI Growth Zones to speed up planning proposals and build more AI infrastructure. The first of these will be in Culham, Oxfordshire
  • increasing the public compute capacity by twentyfold to give us the processing power we need to fully embrace this new technology – this starts immediately with work starting on a brand new supercomputer
  • a new team will be set up to seize the opportunities of AI and build the UK’s sovereign capabilities
  • creating a new National Data Library to safely and securely unlock the value of public data and support AI development
  • a dedicated AI Energy Council chaired by the Science and Energy Secretaries will also be established, working with energy companies to understand the energy demands and challenges which will fuel the technology’s development – this will directly support the government’s mission to become a clean energy superpower by tapping into technologies like small modular reactors.

Taken together, the 50 measures will make the UK irresistible to AI firms looking to start, scale, or grow their business. It builds on recent progress in AI that saw £25 billion of new investment in data centres announced since the government took office last July.

This Action Plan is also at the heart of the government’s Industrial Strategy and the first plank of the upcoming Digital and Technology Sector Plan, to be published in the coming months.

Science, Innovation, and Technology Secretary, Peter Kyle said:  ”AI has the potential to change all of our lives but for too long, we have been curious and often cautious bystanders to the change unfolding around us. With this plan, we become agents of that change.   

“We already have remarkable strengths we can tap into when it comes to AI – building our status as the cradle of computer science and intelligent machines and establishing ourselves as the third largest AI market in the world.   

“This government is determined that the UK is not left behind in the global race for AI, that’s why the actions we commit to will ensure that the benefits are spread throughout the UK so all citizens will reap the rewards of the bet we make today. This is how we’re putting our Plan for Change in motion.”

The Chancellor of the Exchequer Rachel Reeves MP said: “AI is a powerful tool that will help grow our economy, make our public services more efficient and open up new opportunities to help improve living standards.

“This action plan is the government’s modern industrial strategy in action. Attracting AI businesses to the UK, binging in new investment, creating new jobs and turbocharging our Plan for Change. This means better living standards in every part of the United Kingdom and working people have more money in their pocket.”

Matt Clifford CBE said:  ”This is a plan which puts us all-in – backing the potential of AI to grow our economy, improve lives for citizens, and make us a global hub for AI investment and innovation.   

“AI offers opportunities we can’t let slip through our fingers, and these steps put us on the strongest possible footing to ensure AI delivers in all corners of the country, from building skills and talent to revolutionising our infrastructure and compute power.”

Chancellor marks £600m of secure growth for UK economy in Beijing

  • Lifting of market access barriers across areas such as agri-food, helping British business compete on level-playing field and grow exports.
  • Pragmatic cooperation results in agreements worth £600 million to the UK economy over the next five years and sets course to deliver up to £1 billion.
  • The UK continues to challenge China on areas of disagreement, with the Chancellor raising concerns over China’s support for Russia’s illegal war, domestic interference and sanctions against British parliamentarians.

Working people and businesses across the UK will feel the benefits of agreements worth £600 million to the British economy, as agreed in the 2025 UK-China Economic and Financial Dialogue (EFD).

Chancellor Rachel Reeves was hosted by Vice Premier He Lifeng in Beijing today, in support of a stable and balanced UK-China relationship. Both sides agreed to deeper cooperation across areas such as financial services, trade, investment, and the climate to support secure growth, while being frank and open on areas of disagreement.

Overall, this government’s reengagement with China sets us on course to deliver up to £1 billion of value for the UK economy.

Chancellor of the Exchequer Rachel Reeves said: “The agreements we’ve reached show that pragmatic cooperation between the world’s largest economies can help us boost economic growth for the benefit of working people – a priority of our Plan for Change.

“More widely, today is a platform for respectful and consistent future relations with China. One where we can be frank and open on areas where we disagree, protecting our values and security interests, and finding opportunities for safe trade and investment.

Britain is a leading financial services partner for China. A range of financial services companies with a substantial presence in the market – HSBC, Standard Chartered, Prudential, Schroders, abdrn, Fidelity International and London Stock Exchange Group – accompanied the Chancellor as a business delegation on the trip. The granting of new licences and quota allocations for UK firms such as HSBC, Schroders, abrdn and Aspect Capital to enhance their business in China will further strengthen these ties.

Alongside this are initiatives to improve capital market connectivity – including a commitment to further enhance the UK-China Stock Connect and welcoming the launch of UK-China over-the-counter bond business – as well as initiatives on pensions, countering illicit finance and sustainable finance cooperation.

As part of this, China announced plans to issue an inaugural overseas sovereign green bond – to be used to finance environmentally sustainable projects – in London during 2025. The UK and China will also explore a Wealth Connect programme in recognition of the role asset management has to play in supporting growth. The agreements today in financial services will provide significant value to the UK economy over the next five years.

Both sides have committed to improving existing channels to discuss more sensitive issues, including the need to speak candidly about national and economic security. In her engagement, the Chancellor made clear UK concerns about imbalances in the Chinese economy, and both sides agreed to discuss industrial policy in support of a global level playing field.

The UK and China have agreed to further cooperation including through strengthening the existing UK-China clean energy partnership and committing to a dialogue on international development – to work together in tackling shared global challenges.

The lifting of barriers that restricted export to China across a range of goods and services will support UK exports and innovation, particularly in the agri-food sector where a package headlined by pork, wool, poultry, and pet food stands to boost UK trade with China and support new jobs. China has also agreed to continue to liberalise sectors that restrict foreign investment, such as education and culture, and support a level playing field and fair competition.

The EFD is also part of a wider programme making substantive progress in improving arrangements for UK exports and investors.  This is reflected in new agreements on vaccine approvals, fertilizer, whisky labelling, legal services, automotives and accountancy which set course for the EFD to unlock £1 billion of value for the UK economy.

In her meetings with Chinese government counterparts yesterday the Chancellor was clear on the importance of open channels on areas where we disagree. She urged China to cease its support for Russia’s defence industrial base, which is enabling Russia to maintain its illegal war against Ukraine.

In recognition that upholding national security is this government’s first duty, the Chancellor raised this government’s deep concerns over cases involving interference in our democracy and malicious cyber activity emanating from China. Reeves also raised the case of British National Jimmy Lai and raised UK concerns around the respect of protected rights and freedoms in Hong Kong.

She raised human rights, including in Xinjiang, and forced labour. The Chancellor made clear that China’s sanctions against Parliamentarians are completely unwarranted and unacceptable.

Looking ahead, regular dialogues and technical exchanges to progress pragmatic cooperation have been established. This includes further engagement at Ministerial and official level on trade, science and tech, intellectual property, customs, sports and creative industries.

A full list of outcomes from the 2025 UK-China Economic and Financial Dialogue can be found here.

Rail Sale offers up to half price discounts on over 2 million tickets

  • Rail sale returns with more discounted tickets than ever before
  • Offers on thousands of popular routes across UK to encourage more people to travel by train
  • Comes as Government continues biggest overhaul of the railways in a generation putting passengers at the heart of services
  • Next week, passengers will be able to get their hands on millions of train tickets at half the price as part of the Government’s annual rail sale.

From 14 to 20 January selected advance and off-peak fares will go on sale at up to 50% off for travel between 17 January and 31 March.

As part of this year’s Rail Sale, thousands of popular routes across almost all UK train operators, including Transport for Wales and ScotRail, will be offering discounted tickets with journeys spreading the length and breadth of Great Britain.

Passengers in Liverpool could visit London for as little as £7, a journey from Preston to Edinburgh could be as cheap as £8.40, and a ticket from Nottingham to Manchester could cost less than a tenner.

These offers won’t last long, and there are only a limited number of tickets, so passengers are being encouraged to snap up these deals quickly if they want to save more on their train fares.

Following the success of last year’s sale, which saved passengers around £5.8m in total, the Government tasked the rail industry to deliver an even bigger sale to offer cheaper tickets for passengers and encourage more people to travel by train.

Whether it is connecting with family, friends and loved ones or getting out to explore more of Great Britain, passengers can find thousands of journeys at up to half price.

The railways play a vital role in connecting people and businesses across the UK, providing opportunities through essential links to jobs and education. Getting more people moving on our rail network is a key part of the government’s mission to build strong foundations through fuelling economic growth.

The sale delivers on the government’s commitment to put passengers at the heart of rail services and to raise living standards as part of the Plan for Change so working people have more money in their pockets.

Secretary of State Heidi Alexander said: “I’m launching the biggest ever rail sale so more passengers can get big discounts on train tickets to visit destinations across the country.

“Whether you’re planning a getaway or wanting to visit friends or family, this sale offers huge reductions on all sorts of journeys.

“Make the most of this sale, get your tickets while you can!”

This year’s Rail Sale returns after more than 600,000 tickets were sold in last year’s sale, worth £5.1m in ticket sales for the industry, and resulting in an extra 440,000 journeys taken by train.

This comes on the 200th anniversary of the first steam powered passenger train with celebrations expected throughout the year as part of Railway 200. This will honour Britain’s heritage as the birthplace of the modern railway and recognise the role rail continues to play in forming critical infrastructure and boosting local economies throughout the country.

Jacqueline Starr, Chief Executive of Rail Delivery Group, said: “This year, as we celebrate 200 years of railways in the UK, we’re reminded that rail travel is about much more than simply getting from A to B – it’s about bringing people, communities, and opportunities together. Over two centuries, rail has become a vital part of the UK, shaping the economy and lives of millions.

“The year’s rail sale will offer over 2 million discounted advance fares starting on 14 January 2025 which is a great way to save on your travel and celebrate 200 years of railway connections.”

Rail remains one of the quickest and greenest ways to travel, with the Government committed to getting more people onto the railways, cutting carbon emissions, and freeing up vital space on our roads for emergency services and freight.

To encourage more people onto the railways the Government is undertaking the biggest overhaul of our railways in a generation through the creation of Great British Railways, which will bring track and train together under one directing mind with a relentless focus on improving services for passengers and customers.

As part of this the Public Ownership Bill recently became legislation, delivering on a manifesto commitment and allowing the Government to get on with improving services by clamping down on unacceptable levels of delays, cancellations and waste under decades of failing franchise contracts.

It will save up to £150 million a year in fees alone by ensuring every penny is spent on services rather than private shareholders, all while coming at no additional cost to the taxpayer.

Journey Sale price Full price 
St Pancras to Whitstable £7.20 £11.30 
Ashford to Ramsgate £2.60 £5.20 
Leeds to Manchester Airport£5.90£11.90
Newcastle to Carlisle£6.00£12.00
Liverpool to London Euston£7.00£14.00
Nottingham to Manchester£9.20£18.50
Leeds to Sheffield£3.60£7.20
London to Edinburgh£26.15£62.50
Aberdeen to Edinburgh*£14.50£29.00
Glasgow to Inverness*£14.10£28.10
Preston to Edinburgh£8.40£16.80
London to Newcastle£23.60£52.10

*ScotRail journeys

Chancellor on China: ‘Stable relationship that supports secure growth is in our national interest’

  • Chancellor visiting Beijing for the first UK-China Economic and Financial Dialogue since 2019 – seeking stability in relationship with world’s second largest economy to achieve secure and resilient growth.
  • Visit delivers on commitment to explore deeper economic cooperation made by Prime Minister and President Xi at G20 in November.
  • Reeves will also raise difficult issues, including China’s support for Russia illegal war in Ukraine and concerns over constraints on rights and freedoms in Hong Kong.

Making working people across Britain secure and better off is ‘at the forefront of the Chancellor’s mind’ while in Beijing this weekend for a UK-China Economic and Financial Dialogue (EFD).

Rachel Reeves will meet with her counterpart, Vice Premier He Lifeng, in the Chinese capital today for a series of conversations around the financial services relationship between the two countries, support for safe trade and investment and the importance of cooperation on global issues like climate change.

She will be joined by Bank of England Governor Andrew Bailey, Chief Executive of the Financial Conduct Authority Nikhil Rathi, and senior representatives from some of Britain’s biggest financial services firms as she seeks outcomes that benefit our businesses, support secure and resilient growth in the UK, and finance tackling shared global challenges.

The Chancellor’s visit follows a meeting between Prime Minister Keir Starmer and President Xi Jinping at the G20 Summit last autumn, where they discussed deepening the economic and trade relationship shared by the UK and China, in order to yield mutual benefits, support growth, and have candid discussion on issues where our views differ. As part of this, the Chancellor is expected to raise constraints on rights and freedoms in Hong Kong and to urge China to stop its material and economic support for the Russian war effort in Ukraine.

This is part of the consistent, long term and strategic approach that the government is taking in managing the UK’s relations with China, rooted in UK and global interests. The government will co-operate where it can, compete where it needs to, and challenge where it must, including to protect our values and national security as the first duty of government.

Ahead of her visit, Chancellor of the Exchequer Rachel Reeves said: “Growing the economy and raising living standards is front and centre of this government’s Plan for Change. That growth must be secure, resilient, and built on stable foundations, including through careful pragmatic cooperation with international partners.

“By finding common ground on trade and investment while being candid about our differences and upholding national security as the first duty of this government, we can build a long-term economic relationship with China that works in the national interest.”

While in Beijing, the Chancellor will also visit Brompton’s flagship store. The enduring British bike brand is celebrating its 50th anniversary year, and its flourishing community in the Chinese capital as its foremost market is a major success story for UK exports to China.

In addition to building on the financial services relationship, the EFD will also seek to bring down barriers that British businesses face when looking to export or expand to China, supporting them to seize growth opportunities and follow in the footsteps of brands like Brompton, and other cornerstones of British culture and industry like Jaguar Land Rover, Unilever and Diageo – three companies whom Reeves will also meet with during her visit.

Reeves is also to visit Shanghai on Sunday to engage with representatives across British and Chinese business. Alongside London, the city is a leading global financial centre which has long been important for UK-China economic and financial links, including in financial services with the landmark financial market connectivity initiative between the London Stock Exchange and the Shanghai Stock Exchange entering its sixth year.

China is the world’s second largest economy and the UK’s fourth largest single trading partner, with a trade relationship worth almost £113 billion, and with exports to China supporting over 455,000 jobs in the UK in 2020.

UK stagflation crisis threat demands action

The UK economy is staring down the barrel of the stagflation gun, with stagnant growth and persistent inflation combining to create one of the most challenging financial environments in over a decade. 

This is the stark warning from Nigel Green, CEO of deVere Group, as this week the 30-year gilt yield hit a staggering 5.25%—its highest point since the 2008 financial crisis—underscoring the scale of the issue. 

He says: “Stagflation’s grip on the UK has been exacerbated by weak domestic growth, which under normal circumstances would prompt the Bank of England to lower interest rates. 

“However, with inflation still uncomfortably high, policymakers find themselves in a precarious position, hesitating to make moves that could further weaken the pound and worsen price pressures. 

Nigel Green continues: “For Chancellor Rachel Reeves, the situation is particularly dire. Her key fiscal rule—eliminating all non-investment borrowing by 2029—now hangs in the balance, as rising interest payments on debt eat into the Treasury’s capacity to act. 

“Achieving this goal will demand either politically challenging tax increases or deep public spending cuts. Both measures will hurt economic growth, amplifying the stagflationary spiral. 

“The rise in gilt yields signals growing investor caution about the UK’s economic outlook. 

“Higher borrowing costs are creating ripple effects across sectors, from property to retail, as businesses and consumers alike face higher for longer interest rates. At the same time, the weakening pound, spurred by fears of stagnation, makes UK assets more attractive to international investors.

“For global investors, the UK’s predicament is not just a warning—it’s a call to action. Stagflation may erode domestic purchasing power, but it also opens the door to undervalued opportunities in key sectors, particularly for those with a long-term strategy. 

“Fixed-income securities are more appealing given their higher yields, especially for those seeking safe havens in a turbulent global economy.”

While stagflation is a daunting challenge, it also forces innovation and adaptation. 

“For investors with ties to Britain, this is the time to reassess portfolios, hedge against inflation, and identify sectors that can thrive in a stagflationary environment. History teaches us that industries such as energy, healthcare, and tech have shown resilience, even in periods of economic stagnation.

“The gilt market itself is worth watching closely. The recent yield spike suggests a shift in sentiment, but for those who act decisively, these higher yields could lock in significant returns over the medium term. 

“Similarly, the weakening pound, while a burden for imports, is a boon for exporters and foreign investors looking to acquire UK assets at a relative discount.”

Nigel Green concludes: “The looming spectre of stagflation may sound like a warning bell, but it’s also a call for decisive action. The UK’s challenges are real, but so are the prospects for those who think globally and act strategically.”

Business leaders join forces to get thousands of offenders into work

Major new drive to get offenders into stable jobs and away from a life of crime

  • New Employment Councils to bring probation, prisons and local businesses together
  • Household UK names including the Co-op and Oliver Bonas backing new initiative
  • Scheme aims to get more offenders into work to cut crime as part of Plan for Change

Bosses from household names including Greggs, Iceland and COOK will be among those to sit on new Employment Councils supporting offenders serving their sentence in the community into work.

They will build on the success of prison Employment Advisory Boards, which were created by Lord Timpson before he became a government minister. These have brought local business leaders into jails to improve education and prisoners’ ability to get work when released.

The new regional Employment Councils will expand this model out to the Probation Service and the tens of thousands of offenders serving their sentences in the community.

Each council will also have a representative from the Department for Work and Pensions (DWP) to help improve links with local job centres.

The initiative was a manifesto commitment and will play a crucial role in the Government’s mission to make streets safer by tackling reoffending under the Plan for Change.

Around 80% of all crime is reoffending but latest data shows offenders employed six weeks after leaving prison had a reoffending rate around half of those out of work.

Alongside breaking the cycle of crime, getting offenders into work helps employers fill vacancies, build their businesses, plug skill gaps and boost the UK economy.

Minister for Probation, Prisons and Reducing Reoffending, James Timpson, said: “Getting former offenders into stable work is a sure way of cutting crime and making our streets safer. That’s why partnering with businesses to get more former offenders into work is a win-win.

“The Employment Advisory Boards I spear-headed have made huge progress and now these Employment Councils will expand that success to steer even more offenders away from crime as part of our Plan for Change.”

Employment Councils will provide support to frontline probation staff already involved in getting offenders into work. They will provide them with a greater understanding of the local labour market and help build better relationships with suitable employers.

Further support from the DWP will help link offenders with work coaches placed at job centres throughout the country.

These coaches will be on hand to get offenders job-ready through mock interviews, CV advice and by sharing tips on how to secure further training opportunities in the community.

DWP Lords Minister, Baroness Maeve Sherlock, said: ”As well as making our streets safer, helping offenders into work will enable employers to fill vacancies and plug our skills gaps.

“This work is vital in our Plan for Change as we begin our task of fixing the fundamentals of the social security system and progress with wider work to reduce poverty, put more money in people’s pockets and keep our streets safe.

“That’s why I am pleased that DWP staff will also be a part of the new regional Employment Councils to directly connect them with the frontline support delivered every day by Jobcentre staff across the country – offering work experience and access to our employment programmes.”

Research from the Ministry of Justice shows that 90% of businesses that employ ex-offenders agreed that they are good attenders, motivated and trustworthy

Rosie Brown, co-CEO of COOK, said: “A job provides a key way to help people restore their lives and relationships following a stretch in prison.

“In return, we get committed, loyal team members to help us build our business.  Re-offending is reduced, and families, communities, and society as a whole wins.”

Employment Councils will serve as the successor to regional Employment Advisory Boards and will officially bring together probation, prisons, local employers and DWP under one umbrella for the first time, with a renewed focus on broadening support to offenders in the community.

The Boards will continue at 93 individual prisons but the addition of regional Employment Councils will help prison leavers look for work across an entire region, not just the immediate vicinity of the last prison they were in.

UK Government crackdown on explicit deepfakes

Predators who create sexually explicit ‘deepfakes’ could face prosecution as the Government bears down on vile online abuse

  • Government to make creating sexually explicit ‘deepfake’ images a criminal offence
  • Perpetrators to face up to two years behind bars under new offences for taking an intimate image without consent and installing equipment to enable these offences
  • Package delivers on UK Government’s Plan for Change and manifesto commitment to protect women and girls

Predators who create sexually explicit ‘deepfakes’ could face prosecution as the Government bears down on vile online abuse as part of its mission to make our streets safer.

The proliferation of these hyper-realistic images has grown at an alarming rate, causing devastating harm to victims, particularly women and girls who are often the target.

To tackle this, the government will introduce a new offence meaning perpetrators could be charged for both creating and sharing these images, not only marking a crackdown on this abhorrent behaviour but making it clear there is no excuse for creating a sexually explicit deepfake of someone without their consent.

The Government will also create new offences for the taking of intimate images without consent and the installation of equipment with intent to commit these offences – sending a clear message that abusers will face the full force of the law.

 Victims Minister Alex Davies-Jones said: “It is unacceptable that one in three women have been victims of online abuse. This demeaning and disgusting form of chauvinism must not become normalised, and as part of our Plan for Change we are bearing down on violence against women – whatever form it takes.

“These new offences will help prevent people being victimised online. We are putting offenders on notice – they will face the full force of the law.”

While it is already an offence to share – or threaten to share – an intimate image without consent, it is only an offence to take an image without consent in certain circumstances, such as upskirting.

Under the new offences, anyone who takes an intimate image without consent faces up to two years’ custody. Those who install equipment so that they, or someone else, can take intimate images without consent also face up to two years behind bars.

The move delivers on the Government’s manifesto commitment to ban the creation of sexually explicit deepfakes as well as recommendations from the Law Commission relating to intimate images.

Alongside existing offences of sharing intimate images without consent, this will give law enforcement a holistic package of offences to effectively tackle non-consensual intimate image abuse.

Baroness Jones, Technology Minister, said: “The rise of intimate image abuse is a horrifying trend that exploits victims and perpetuates a toxic online culture. These acts are not just cowardly, they are deeply damaging, particularly for women and girls who are disproportionately targeted.

“With these new measures, we’re sending an unequivocal message: creating or sharing these vile images is not only unacceptable but criminal. Tech companies need to step up too – platforms hosting this content will face tougher scrutiny and significant penalties.”

Campaigner and presenter Jess Davies said: “Intimate-image abuse is a national emergency that is causing significant, long-lasting harm to women and girls who face a total loss of control over their digital footprint, at the hands of online misogyny. 

“Women should not have to accept sexual harassment and abuse as a normal part of their online lives, we need urgent action and legislation to better protect women and girls from the mammoth scale of misogyny they are experiencing online.”

These new offences follow the Government’s action in September 2024 to add sharing intimate image offences as priority offences under the Online Safety Act. This put the onus on platforms to root out and remove this type of content – or face enforcement action from Ofcom.

The new offences will be included in the Westminster government’s Crime and Policing Bill, which will be introduced when parliamentary time allows. Further details of the new offences will be set out in due course.

Further information:

  • The sexually explicit deepfakes offences will apply to images of adults. This is because the law already covers this behaviour where the image is of a child (under the age of 18).
  • It is already an offence to share or threaten to share intimate images, including deepfakes, under the Sexual Offences Act 2003, following amendments that were made by the Online Safety Act 2023.
  • The Government will repeal two existing voyeurism offences that relate to the recording of a person doing a private act, and recording an image beneath a person’s clothing.
  • They will be replaced with a range of new offences:
    • Taking or recording an intimate photograph or film without consent or reasonable belief in it
  • Taking or recording an intimate photograph or film without consent and with intent to cause alarm, distress, or humiliation
  • Taking or recording an intimate photograph or film without consent or reasonable belief in it, and for the purpose of the sexual gratification of oneself or another
  • We will also introduce new offences that criminalise someone if they install or adapt, prepare or maintain equipment, and do so with the intent of enabling themselves or another to commit one of the three offences of taking an intimate image without consent.