Science Secretary hails UK space sector for securing record-breaking contracts and propelling government’s mission forward
British space sector secures European Space Agency contracts worth £80 million more than government contributions in last quarter of 2024 – a record for any member state. HM GovernmentSource
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Record UK contract wins through European Space Agency
A dramatic increase in the money flowing to the UK from European Space Agency (ESA) programmes has been announced today, with an additional £112 million (€134 million) in contracts secured for the UK space sector between Jun… HM GovernmentSource
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Safeguarding reviews silent on Black, Asian and Mixed Heritage children
A new report about race and racism in child safeguarding reveals local areas are failing to address the safeguarding needs of Black, Asian and Mixed Heritage children. HM GovernmentSource
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BBC Media Action hands over equipment to Dreamcast Theatre
The equipment handed over by the British High Commission will significantly enhance Dreamcast Theatre’s capacity for creative production and media expression. HM GovernmentSource
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Minister West’s visit reinforces shared commitment to secure and resilient growth
UK Foreign Office Minister for Indo-Pacific Catherine West is in Malaysia for a 2-day visit. HM GovernmentSource
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Trump’s trade war could pose ‘substantial’ threat to UK economy, says Bank
Although UK may avoid tariffs, overall productivity could be impacted by tit-for-tat tariffs between economies A full-blown trade war would pose a “substantial” threat to the British economy, Bank of England governor Andrew Bailey has warned. Donald Trump struck Canadian and Mexican imports with new duties of 25%
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Bank of England deputy governor warns of increased inflation risks, as house prices rise again – business live
Sir Dave Ramsden says risks to the BoE’s inflation target as two-sided, requiring ‘gradual and careful approach’ to rate cuts Shares have fallen sharply across Asia-Pacific markets after Donald Trump announced that a new 10% tariff will be imposed on Chinese imports next week. China’s CSI 300 index
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Bank of England must proceed with caution over future rate cuts, says deputy governor
Dave Ramsden said gradual and careful approach needed to balance inflation risks and interest rate cuts Business live – latest updates Bank of England policymakers must proceed cautiously – like mountaineers – as they cut interest rates in the months ahead as inflation risks rise, according to the
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UK inflation jumps to 3%, reducing chance of early interest rate cut
Annual CPI inflation rate hit 10-month high in January in blow to ministers amid rise in food bills and fuel costs Analysis: Bank of England faces bumpier road after inflation accelerates Business live – latest updates UK inflation accelerated faster than expected at the start of this year,
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Strong wage growth gives Bank of England interest rate dilemma
Quick cuts unlikely because persistently high pay rises will probably be deemed inflationary UK pay growth rises 6% despite job loss warnings after Reeves’s budget Business live – latest updates There was a brief period when the Bank of England was poised to cut interest rates and cut
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