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The Latest Breaking News from Jonathan Reynolds

UK becomes first European nation to join CPTPP trade bloc

Britain will become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday.

The Independent UK

Business secretary tells banks to ignore activists and back defence firms

Ministers are increasingly concerned that the UK could lag if operations, research and development are not funded after they identified defence as vital to the government’s growth mission

The Independent UK

Labour ask banks to invest more in weapons firms to boost defence sector

Ministers are calling on banks and investors to step up support for the UK’s defence sector despite pressure from activists over ethical concerns.

The National (Scotland)

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Ministers urge banks to step up support for defence industry

The Business Secretary and minister for defence procurement are hosting a meeting with bosses across the defence and finance sectors.

Evening Standard

Starmer should stop ‘obsessing’ over EU and focus on US trade deal, Tories argue

Shadow business secretary Andrew Griffith argued that a trade deal with the US would be a ‘game-changer’ for the UK.

Evening Standard

Power Cuts And Train Cancellations As Storm Darragh Batters UK

Tens of thousands of people across the UK were left without power on Saturday morning after Storm Darragh hit the country with strong winds and caused pre-Christmas travel disruption.

International Business Times

Ministers considering renationalising British Steel if rescue plan fails

Exclusive: Move would be last-ditch attempt to save thousands of UK jobs amid standoff with company’s Chinese owners

The Guardian - UK

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‘Critical’ mid-market UK firms stifled by red tape and skills gap – NatWest

NatWest’s report into the sector and plans for a new representative council has gained the backing of the Government’s Business Secretary.

Evening Standard

Cheaper loans on table to urge UK motorists to EVs, plus cuts in fines for firms

Business secretary Jonathan Reynolds says there is ‘no route to net zero’ that ignores concerns of businesses after wave of closures

The Guardian - UK

Starmer has discovered a tricky truth about the electric vehicles transition: there’s no gain without pain

The Tories’ targets glossed over the impact on carmakers and cash-strapped drivers – but the move to net zero won’t be cheap or simple, says Guardian columnist Gaby Hinsliff

The Guardian - UK

OPINION - The London Question: Is this Labour government full of amateurs?

Towards the end of 1989, the Stone Roses were on the cusp of being the biggest band in Britain. Having just played a massive show at Alexandra Palace, they were asked to perform their song Made of Stone live on a BBC culture and arts programme called The Late Show.…

Evening Standard

As Vauxhall’s Luton factory faces closure, is the UK car industry dying again?

Vauxhall’s proposed closure of its Luton plant has been blamed on the government’s plan to force carmakers to build more electric vehicles

The Independent UK

Vauxhall owner was ‘confident’ about meeting EV rules before factory shutdown

Exclusive: Stellantis executive’s recent comments to investors undermine claim Luton closure was down to emission mandate

The Guardian - UK

Tories: Luton Vauxhall plant closure is ‘downpayment’ for further job losses

Business Secretary Jonathan Reynolds blamed the previous government for the 1,100 jobs at risk.

The Independent UK

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Evening Standard

Minister warns of ‘challenges’ for car makers on top of Luton plant closure

Vauxhall owner Stellantis’ decision to close its Luton factory, putting 1,100 jobs at risk, came after Government efforts to save the plant failed.

Evening Standard

Business Secretary to face MPs amid concerns over electric vehicle mandate

It comes after Vauxhall-owner Stellantis said it would close its van-making plant in Luton, putting 1,100 jobs at risk.

The Independent UK

UK politics live: Esther Rantzen pens heartfelt letter on assisted dying - urging MPs to vote on ‘vital’ issue

Dame Esther, who is terminally ill, has been a strong advocate for changing the law to allow dying adults to take their own lives in limited circumstances, without fear of their families being prosecuted for helping them

Evening Standard

Electric vehicle targets not working as intended, says Business Secretary

Jonathan Reynolds said he was ‘profoundly concerned’ about the impact of the policy following news Vauxhall owner would close a factory in Luton.

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Evening Standard

UK ready for ‘all eventualities’ if Trump launches trade war, says Reynolds

Business and Trade Secretary Jonathan Reynolds said Donald Trump’s plans were ‘the big question facing global trading relationships’.

Evening Standard

Russia bars UK Cabinet ministers over ‘hostile actions’

Deputy PM Angela Rayner, Chancellor Rachel Reeves and Home Secretary Yvette Cooper were among 30 UK citizens put on a ‘stop list’ published by Russia

Evening Standard

Business Secretary to confirm Government will consult on easing EV rules

Jonathan Reynolds will give a speech to the annual dinner of the Society of Motor Manufacturers and Traders at London’s Grosvenor House Hotel.

Evening Standard

Keir Starmer and Narendra Modi relaunch UK-India trade talks stalled over relaxing visa rules

The negotiations will reopen at the start of next year

Evening Standard

UK set to relaunch trade talks with India, Downing Street confirms

Discussions will reopen at the start of next year, following a bilateral meeting between Sir Keir Starmer and Narendra Modi at the G20 summit.

The Independent UK

UK to relaunch ‘vital’ trade talks with India in early 2025

Sir Keir Starmer seeks ‘new strategic partnership’ after G20 meeting with Narendra Modi

Evening Standard

UK to relaunch trade talks with India at start of next year

The PM said boosting economic growth ‘is key to improving living standards for working people’

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