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UK and US unveil nuclear energy deal ahead of Trump visit
Posted onThe UK and US are set to sign an agreement aimed at accelerating the development of nuclear power. The move aims to generate thousands of jobs and strengthen Britain’s energy security. It is expected to be signed off during US President Donald Trump’s state visit this week, with both sides hoping it will unlock billions…
Its amazing – the wonder material very few can make
Posted onChris BaraniukTechnology Reporter Kromek Very few organisations can supply cadmium zinc telluride Lying on your back in a big hospital scanner, as still as you can, with your arms above your head – for 45 minutes. It doesn’t sound much fun. That’s what patients at Royal Brompton Hospital in London had to do during certain…
JLR suppliers with ‘days of cash’ left, MP says
Posted onSarah JulianBBC Radio WM and Eleanor LawsonWest Midlands Reuters There are around 100,000 people in Jaguar Land Rover’s supply chain whose work has been impacted by the cyber attack Some businesses in the Jaguar Land Rover (JLR) supply chain have just seven to 10 days of money left, an MP has told the BBC. Ten…
Call for probe into possible market abuse in Budget run-up
Posted onShadow chancellor Mel Stride has called for the UK’s financial regulator to investigate “possible market abuse” by people working in the Treasury and Downing Street in the run-up the Budget. The move comes as Chancellor Rachel Reeves denied she misled the public over the state of the country’s finances, after it emerged she and officials…
UK economy growth forecasts lowered from next year
Posted onThe UK economy is now predicted to grow at a slower rate than previously expected from next year, the government’s official forecaster has said. The Office for Budget Responsibility (OBR), which maps out how the economy is set to perform based on the government’s tax and spending policies, increased its growth expectations for this year,…
US firm collapses ringing ‘alarm bells’, says Bank of England chief
Posted onThe collapse of two US companies could be a sign of wider problems in the financial system and “alarm bells” were ringing, the governor of the Bank of England has said. Andrew Bailey told a House of Lords committee that it was important to take the failure of car parts supplier First Brands and subprime…
