Tag: 2025

  • PRESS RELEASE : New Second Permanent Secretary Appointed to the Cabinet Office [January 2025]

    PRESS RELEASE : New Second Permanent Secretary Appointed to the Cabinet Office [January 2025]

    The press release issued by the Cabinet Office on 13 January 2025.

    Michael Ellam appointed as Second Permanent Secretary, European Union and International Economic Affairs.

    The Cabinet Secretary, with the approval of the Prime Minister, has announced the appointment of Michael Ellam as Second Permanent Secretary, European Union and International Economic Affairs in the Cabinet Office. Michael was Chairman of Public Sector Banking at HSBC.

    This is a new role, leading official-level discussions with the EU and in international forums such as the G7 and G20 to support the UK’s economic growth and national security – the foundations of the Government’s Plan For Change. Michael will also manage the EU Relations Secretariat in the Cabinet Office, set up by the Prime Minister in July to deliver the UK’s resetting of relationships with the EU and secure closer links in areas like trade and security.

    Michael will take up the post on 13th January.

    The Minister for the Cabinet Office (Minister for the Constitution and European Union Relations) the Rt Hon. Nick Thomas-Symonds, said:

    I am delighted that Michael Ellam is bringing his talents to the heart of government, helping us tackle barriers to trade, keep people safe and take on shared global challenges, like illegal migration.

    The Prime Minister has set out a clear plan for change to improve people’s lives. That includes growing our economy and improving national security.  Michael’s experience at the highest levels of international finance will be a huge asset as we work to deliver economic growth on behalf of the British people, including through resetting our relationship with the EU.

    Cabinet Secretary, Sir Chris Wormald said:

    I would like to congratulate Michael on his appointment and welcome him back to the Civil Service. Through his leadership roles, including at HSBC and HM Treasury, Michael brings essential economic and international expertise which will help drive UK economic and security interests and will be critical in resetting our relationship with the EU.

    Michael Ellam said:

    I am delighted to have been appointed Second Permanent Secretary European Union and International Economic Affairs, and to return to the Civil Service after a decade in the private sector. I look forward to working with the Prime Minister, the Minister for EU Relations and others to deliver the government’s objectives on this important agenda.

    ENDS

    Notes to Editors

    • The recruitment process was overseen by the independent Civil Service Commission.
    • This is a Permanent Secretary level appointment offered on a fixed tenure basis for 5 years.
  • PRESS RELEASE : Prime Minister sets out blueprint to turbocharge AI [January 2025]

    PRESS RELEASE : Prime Minister sets out blueprint to turbocharge AI [January 2025]

    The press release issued by 10 Downing Street on 13 January 2025.

    Artificial intelligence will deliver a decade of national renewal, as part of a new plan announced today (13 January 2025).

    • 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 leading 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.

    Notes to editors:

    The plan has 3 main pillars that will lay the foundations for AI to grow, boost adoption in existing private and public sectors, and keep the UK ahead of the pack internationally.

    First – laying the foundations for AI to flourish in the UK.

    The first ever AI Growth Zones will be set up. These are areas across the country that will speed up planning approvals for the rapid build-out of data centres, give them better access to the energy grid, and draw in investment from around the world.

    The first of these will be in Culham, Oxfordshire – home to the UK’s Atomic Energy Authority and some of the brightest scientific minds in the world.

    This will also serve a testing ground to drive forward research on how sustainable energy like fusion can power our AI ambitions.

    More will be announced in the Summer, with a particular focus on de-industrialised areas of the country with access to power and strong support from local government.

    That means local jobs, improved communities, and a growing economy – all of which puts more money in people’s pockets.

    Build a brand new supercomputer with enough AI power to play itself at chess half a million times a second. This is part of the plan to increase compute capacity by twenty-fold by 2030 – supercharging our capacity to power AI products.

    Our ten-year compute plan also includes a commitment to rapidly develop and implement a long-term compute strategy that will bring together the key ingredients for AI – compute, data, and skills – to keep us at the forefront of the technology and attract the best brains in the world.

    That gives the industry the long-term stability it needs to choose the UK as the place to invest – helping drive up growth and deliver our plan for change.

    Second – boosting adoption across public and private sectors

    A new digital centre of government is being set up within DSIT. This will revolutionise how AI is used in the public sector to improve citizens lives and make government more efficient. It will scan for new ideas, pilot them in public sector settings, then scale them as far as they can go.

    Driving adoption across all sectors in the UK. The Prime Minister has personally written to his entire Cabinet, tasking them with driving AI adoption and growth in their sectors, and making that a top priority for their Departments.

    Third – keeping us ahead of the pack

    A new team will be set up to keep us at the forefront of emerging technology. This team will use the heft of the state to make the UK the best place for business. This could include guaranteeing firms access to data and energy.

    Taken together, this package will set us on course to full embrace the potential of AI – making it work for Britain.

    Industry reaction to the AI Opportunities Action Plan

    Darren Hardman, CEO, Microsoft UK, said:

    The scale of this government’s ambition for AI development and adoption in the UK is exactly what’s needed to drive economic growth, transform public services and create new opportunities for all.

    Maintaining the UK’s position as a global leader in AI demands innovation and investment across the public and private sectors and Microsoft is fully committed to helping make this vision a reality.

    Mike Beck, Global Chief Information Security Officer at Darktrace, said:

    The ambitious and wide-ranging recommendations in the AI Opportunities Action Plan have the potential to turn AI into an engine for the UK economy.

    As a home-grown AI company, we know that the UK has world-class research talent, brilliant institutions and a strong tech ecosystem. Governments can and should move at a faster pace to help realise the benefits of rapid technological change, and we look forward to the government swiftly implementing this Plan. This will help to turn AI from abstract opportunity to real-world benefit in offices and shop floors across the country.

    Companies and consumers also need to be confident that AI innovation is safe and secure. The upcoming Cyber Security and Resilience Bill offers the opportunity to better safeguard data and AI infrastructure, and it will be important to ensure a more digitised and AI-enabled public sector is secure and trusted.

    Dario Amodei, Co-Founder and CEO of Anthropic, said:

    The UK’s AI Opportunities Action Plan is a bold approach that could help unlock AI’s potential to solve real problems. By combining infrastructure investment with strategic planning, the UK could be among the first and fastest governments in the world to transform how services are delivered to its citizens.

    We look forward to working with them to turn this vision into a reality.

    Alex Kendall OBE, Co-Founder and CEO, Wayve, said:

    Embodied AI in highly regulated sectors, like automated vehicles, will require international regulatory collaboration.

    I’m excited to see the government use the levers at its disposal to help make the UK’s leading AI startups winners on the global stage. We now welcome the new targeted support for international expansion for AI scale-ups, and will pursue our global growth goals with the confidence that we have the UK Government’s full support.

    Chris Lehane, Chief Global Affairs Officer at OpenAI, said:

    From the locomotive to the Colossus computer, the UK has a rich history of leadership in tech innovation and the research and development of AI.

    The government’s AI action plan – led by the Prime Minister and Secretary Peter Kyle – recognises where AI development is headed and sets the UK on the right path to benefit from its growth. The UK has an enormous national resource in the talent of its people, institutions and businesses which together, can leverage AI to advance the country’s national interest.

    Aidan Gomez, Co-Founder and CEO of Cohere, said:

    With AI unlocking productivity gains and boosting business growth, we welcome the government’s focus and attention to foster this generational economic transformation.

    Cohere has long viewed the UK as a hotbed of industry talent and a market highly supportive of technology innovation, which is why we were among the earliest foundational model companies to build a major presence in the country, and why we have doubled down here over the last year.

    Tim Bestwick, Deputy CEO, UK Atomic Energy Authority (UKAEA), said:

    AI and High-Performance Computing are central to UKAEA’s mission to lead the delivery of sustainable fusion energy.

    UKAEA welcomes the AI Opportunities Action Plan and its vision for building cutting-edge AI infrastructure to drive innovation and develop the ‘industries of the future’. As highlighted in the Action Plan, Culham Campus’ high-capacity and connection to the UK’s national electricity grid, coupled with its available land on the Campus, positions it as a prime location for deploying substantial computing facilities.

    Julian David OBE, CEO of techUK, said:

    Through this announcement the Prime Minister has set out how the Government sees AI as central to their plan for change.

    These well thought out initiatives will boost the UK’s AI capabilities with positive effects across our society and economy.

    Now that the government has set out its Plan, it is time to act, and at pace. To drive new investment, Industry will want to see more detail on how this plan will be actioned within the next six months, particularly as we face growing competition from other countries.

    Further Information:

    • the £47 billion estimate is based on IMF figures but derived from separate calculations and assumptions, and as such, is not an official IMF estimate
    • estimates from the International Monetary Fund (IMF) show that while the exact economic impact hinges on the wider development and adoption of AI, and realisation could be gradual, the UK could ultimately see productivity gains of up to 1.5% annually
    • if fully realised, these gains could be worth up to an average £47 billion to the UK each year over a decade
    • the Vantage Data Centres anticipated investment, some of which is subject to planning permission and agreed connection timelines, is expected to support over 10,000 local construction jobs over the next decade, and create over 1,500 operational roles at its data centres
  • PRESS RELEASE : Keir Starmer call with Amir of Kuwait [January 2025]

    PRESS RELEASE : Keir Starmer call with Amir of Kuwait [January 2025]

    The press release issued by 10 Downing Street on 12 January 2025.

    The Prime Minister spoke to His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Amir of the State of Kuwait, this morning.

    The Prime Minister began by highlighting the close and historic relationship between the UK and Kuwait, which has endured for 125 years.

    Across defence, security, trade and investment, the leaders discussed the cooperation between the UK and Kuwait, which they looked forward to strengthening.

    The Prime Minister congratulated the Amir for the successful Gulf Cooperation Council Summit in December and reiterated the UK’s commitment to a Free Trade Agreement as negotiations continue.

    Discussing investment from Kuwait into the UK, the leaders discussed further opportunities to drive growth in both countries across every sector.

    They agreed on the importance of the work of the UN sponsored mission in Iraq (UNAMI), which leads efforts to locate missing people from the First Gulf War. They welcomed the extension of UNAMI’s mandate until 31 December 2025 and to identify a suitable follow-on process for this vital work.

    They looked forward to seeing one another at the earliest opportunity.

  • PRESS RELEASE : UK joins key meetings to help build a stable Syrian future in Saudi Arabia [January 2025]

    PRESS RELEASE : UK joins key meetings to help build a stable Syrian future in Saudi Arabia [January 2025]

    The press release issued by the Foreign Office on 12 January 2025.

    The Foreign Secretary is in Saudi Arabia to meet Arab and international partners to drive forward international coordination on Syria.

    • The UK will attend meetings in Saudi Arabia with international partners to discuss support for the Syrian people to build a hopeful, secure and peaceful future.
    • Reiterating the importance of an inclusive Syrian-led political transition, the Foreign Secretary will offer UK expertise on humanitarian coordination and accountability.
    • David Lammy to hold key bilateral meetings with Saudi counterparts to further work to deliver the Government’s Plan for Change and strengthen our partnerships abroad.

    The Foreign Secretary will meet Arab and international partners today (Sunday 12th January) to drive forward international coordination on Syria at a critical point in the country’s future.

    Discussions in Riyadh will be Arab-led and focus on the next steps the international community can take to support the interim Syrian authorities, including mechanisms to hold the Assad regime to account for the war crimes they perpetrated against the Syrian people.

    Building on the Foreign Secretary’s meeting with France, Germany, Italy, US and the EU on Syria in Rome earlier this week, he will further stress the UK’s offer to provide expertise on the coordination of humanitarian aid. He will also reiterate his concern about continuing hostilities in North East Syria and the urgent need for these to end.

    The UK remains committed to the people of Syria and fully supports a Syrian-led and Syrian-owned political transition process leading to an inclusive, non-sectarian and representative government. We have been very clear in early engagements with the interim authorities that we need to see action on inclusive governance, facilitation of humanitarian aid and cooperation on chemical weapons and countering the threat posed by Daesh to UK national security.

    Foreign Secretary, David Lammy, said:

    The international community must come together to stand behind the people of Syria as they build a democratic future and a diverse and modern country.”

    We are united with our key partners from the region and beyond in ensuring the protection of civilians, access to aid and security within Syria and the wider region.

    Syrians deserve a bright and prosperous future – we are here today to support that.

    The meeting will be attended by the interim Foreign Minister of Syria, Asaad al-Shaibani, as well as representatives from Bahrain, Egypt, France, Germany, Iraq, Italy, Kuwait, Jordan, Lebanon, Oman, Qatar, Turkiye, UAE, USA, EU, League of Arab States and UN.

    While in Saudi Arabia, the Foreign Secretary will meet one on one with Saudi Foreign Minister His Highness Prince Faisal bin Farhan and a number of Arab and European Foreign Ministers.

    Following the Prime Minister’s December visit, David Lammy will continue to deliver on the Government’s Plan for Change as he looks to increase investment, deepen defence and security ties, and boost growth and new opportunities both at home and abroad with one of our most vital partners.

  • PRESS RELEASE : Chancellor marks £600m of secure growth for UK economy in Beijing [January 2025]

    PRESS RELEASE : Chancellor marks £600m of secure growth for UK economy in Beijing [January 2025]

    The press release issued by HM Treasury on 11 January 2025.

    Closer financial services links with China to support secure and resilient growth in UK as government’s number one mission.

    • 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 today, 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.

    Notes to editors

    • A full list of outcomes from the 2025 UK-China Economic and Financial Dialogue can be found here.
    • The boost to trade includes estimates from the Department for Business and Trade and industry. Further details on the methodology can be found here.

    Stakeholder reaction

    Sir Mark Tucker, HSBC Group Chairman said:

    We welcome the fact that the UK China Economic and Financial Dialogue – and the Financial Services Summit – are taking place for the first time since 2019.

    China is the world’s second largest economy, the world’s top goods exporter, second largest source of merchandise imports and the UK’s 4th largest trading partner. Deepening the UK-China partnership on trade, investment, finance, health, education and climate change amongst other priority areas, is vital to delivering growth, investment and high-quality jobs for both China and the UK.

    Our focus is to continue contributing to that ambitious agenda and to a mutually beneficial programme of UK-China economic and financial co-operation going forward.

    José Viñals, Group Chairman of Standard Chartered, said:

    The UK-China Economic and Financial Dialogue is both valuable and important to us and our clients. As a UK-headquartered bank with a long history in China, we continue to see significant growth potential and opportunities to collaborate, as evidenced by the permission to trade China Treasury Bond Futures and receipt of our Type A Bond Underwriting licence. Looking ahead, we encourage further cooperation between our two markets and are enthusiastic about what we, and partner financial institutions, can do to help deliver impactful initiatives such as those in sustainable and transition finance.

    Richard Oldfield, Group Chief Executive, Schroders, said:

    China has long been an important strategic focus for Schroders; we have been committed to the market for more than 30 years having established our first office in Shanghai in 1994.

    We are honoured to be supporting the UK-China Economic and Financial Dialogue, further underscoring our commitment to China.

    Over the years, as the market has increasingly opened up, we have been a leader in developing a compelling active investment proposition in the region, grounded in strategic partnerships, supported by a hugely talented team and strong public markets and private assets capabilities.

    More recently, we have started to manage money invested into Chinese renewable infrastructure, enabling our clients to meet their emissions targets through investing in high-quality clean generation in China. It is the largest renewables market in the world, and we are focused on enabling the transition from fossil to renewable generation.

    Lord Sassoon, President of the China-Britain Business Council:

    UK-China Economic and Financial Dialogues have had a significant impact on generating investment, jobs and profitable business for the UK over many years. The resumption of the EFD is welcomed by our members, both in financial and professional services, but also across the wider economy.

    CBBC looks forward to hosting a roundtable in Shanghai tomorrow at which British businesses will share with the Chancellor what further market opening and other support they need to grow their business with China.

    Miles Celic, CEO of TCUK:

    This has been a constructive, practical and ambitious gathering. The British and Chinese financial and professional services industries have a clear and growing role to play in deepening trade and investment between our countries. In the process, we can help as both our societies adapt to ageing populations and move towards Net Zero.

    Sir Douglas Flint, Chairman, abrdn;

    The resumption of high-level ministerial engagement after a gap of five years has been hugely constructive to opening dialogue to explore and fulfil business opportunities for mutual benefit.

    Jonathan Eckley, Agriculture and Horticulture Development Board (AHDB) Interim International Trade Development Director, said:

    China is our biggest market for pig meat exports which offers significant opportunities for the UK. The re-listing of two UK sites in December to export to China was an incredibly positive end to 2024 and a great example of collaboration between many stakeholders including government departments, industry and AHDB.

    The Economic and Financial Dialogue (EFD) illustrates the further strengthening of our trade relationship with China which we welcome, and we look forward to continuing working with government and industry to explore opportunities for our sectors in this important market.

    Neil Willis, Cranswick PLC Director said:

    The relisting of UK Pork establishments is a positive step forward and we welcome the effort made by the current UK Government in resolving the approval situation at our Norfolk facility. We look forward to continued collaboration and a proactive approach to safeguarding market access and ensuring uninterrupted trade relationships.

    Alan Vallance, ICAEW Chief Executive, said:

    I am proud and honoured to have attended the Financial Services Summit and I thank the organisers for their invitation to attend.

    Professional and business services have been identified as a growth sector in the UK government’s industrial strategy, so we are delighted by the commitment to accountancy and look forward to working with the CICPA on mutual examination exemptions. Additionally, we’ll continue to work in partnership with our counterparts in China on common areas, like accountancy standards and sustainability, as part of our work in the public interest.

    We look forward to working closely with both governments to help them deliver on their ambition to unlock economic growth.

    A spokesperson for the British Poultry Council said:

    We are thrilled to see the Chancellor prioritising UK poultry meat in the Economic and Financial dialogue with China. Launching discussions on lifting the HPAI ban, introducing regionalisation, restoring trade in high-value breeding stock, and resuming market access talks are key milestones for growth in British poultry meat. These steps are set to drive innovation, create jobs, and boost exports.

    Contributing to food security both at home and abroad, such talks reinforce the UK’s position as a global leader in the sector. Thank you to the Agriculture, Food and Drink Counsellor for your support, along with all the government officials in Defra and DBT involved. Working together means building a robust foundation for growth, ensuring the continued success of British poultry meat.

    A spokesperson for the Pet Industry Federation (PIF) said:

    The Pet Industry Federation fully supports the UK government in committing to a pet food protocol that would enable the export of UK pet food to China. We have seen first-hand the significant enthusiasm from Chinese state officials to facilitate these exports. This presents a major opportunity for UK pet food manufacturers to access one of the world’s largest and fastest-growing markets for pet products.

    At present, several EU countries and the USA are able to export pet food to China, which gives them a competitive edge. By securing a similar agreement, the UK can unlock substantial economic benefits, bolster the global reputation of our pet food industry, and take advantage of the strong demand for high-quality UK products overseas. We welcome the Government prioritising this protocol to ensure the UK does not miss out on this vital opportunity.

    A spokesperson for UK Pet Food said:

    UK Pet Food welcomes the commitment to sign the pet food protocol as part of the Economic and Financial Dialogue in China. This fundamental agreement represents a major step forward in enabling UK pet food manufacturers to access the Chinese market, reflecting the sector’s commitment to producing high-quality, safe, and innovative products. We are confident that this protocol will strengthen bilateral trade relations and create significant opportunities for the UK pet food industry.

    By fostering partnerships with the Chinese market, this agreement not only supports the growth of our sector but also meets the rising global demand for premium pet food. UK Pet Food is committed to working closely with the UK government and industry stakeholders to ensure the protocol’s successful implementation and to build long-term cooperation.

    A GlaxoSmithKline spokesperson said:

    GSK supports the UK-China Economic Financial Dialogue recognizing its importance in fostering mutual growth in healthcare, getting ahead of disease by preventing it with GSK innovative solutions.

    A spokesperson for the Association of British HealthTech Industries said:

    To ensure equity of access for patients around the world to HealthTech that enhances and saves lives, regulatory harmonisation is a goal we fully support.

  • PRESS RELEASE : Rare Iron Age harness brooch at risk of leaving the UK [January 2025]

    PRESS RELEASE : Rare Iron Age harness brooch at risk of leaving the UK [January 2025]

    The press release issued by the Department for Culture, Media and Sport on 10 January 2025.

    An export bar has been placed on a Sutton Scotney Iron Age brooch that is at risk of leaving the United Kingdom

    • The harness brooch has been valued at £18,500
    • The export bar is to allow time for a UK museum, gallery or institution to acquire the brooch

    An export bar has been placed on an Iron Age harness brooch, which was discovered near Sutton Scotney in Hampshire.

    The brooch is one of only ten such brooches known to have survived for two millennia in the ground and is thought to be a component of the harness from a horse drawn vehicle designed to connect the straps to fabric on the horse’s back.

    Unusually the brooch includes both a hinged pin and strap loops on the back, a combination not found on brooches worn by people at this time. Its decoration with intricate curved shapes and basket weave texture links it with designs found on other metal objects from that time found in Britain and across Europe.

    It exhibits the best casting achievable in the pre-mechanised period, and  is in good condition in comparison to similar brooches from the period, the majority of which are incomplete.

    The brooch was discovered in Sutton Scotney, Hampshire and provides valuable new evidence for the use of horse-drawn vehicles in the nearby Iron Age hillforts towards the end of the first millennium BC.

    Arts Minister Sir Chris Bryant said:

    “This harness brooch, dating back to the Iron Age, is a rare artefact that is of major importance to the local history of Hampshire.

    “I hope by placing an export bar on this rare brooch, it will continue to benefit the UK public and researchers in the study of the horse harness, chariotry, and crafting of metalwork, enriching our understanding of our country’s history.”

    Committee member, Tim Pestell said:

    “For Britons in the late Iron Age, horsemanship and charioteering were prized skills both socially and in warfare, as noted by the Roman invaders. This pride led people to decorate their horses with ornate tack and fittings, one of the rarest forms being so-called horse brooches of which only ten are known in Britain, most of them fragmentary.

    “With its exceptional preservation, intriguing basket-weave pattern and outstanding aesthetic design, the Sutton Scotney Brooch is a remarkable survival. Now a bar has been placed upon its export, I hope that a museum will be able to acquire this two-thousand-year-old testament to the British love of horses for public benefit.”

    The Minister’s decision follows the advice of the Reviewing Committee on the Export of Works of Art and Objects of Cultural Interest. The Committee made its recommendation on the basis that the brooch met the first, second, and third Waverley criteria for its outstanding connection with our history and national life, its outstanding aesthetic importance, and its outstanding significance to the study of the horse harness, chariotry, the crafting of metalwork and textiles.

    The decision on the export licence application for the brooch will be deferred for a period ending on 9th March 2025 inclusive. At the end of the first deferral period owners will have a consideration period of 15 Business Days to consider any offer(s) to purchase the brooch at the recommended price of £18,500 (plus VAT of £3,700 which can be reclaimed by an eligible institution). The second deferral period will commence following the signing of an Option Agreement and will last for three months.

    Offers from public bodies for less than the recommended price through the private treaty sale arrangements, where appropriate, may also be considered by the Minister. Such purchases frequently offer substantial financial benefit to a public institution wishing to acquire the item.

    Notes to editors:

    1. Organisations or individuals interested in purchasing the brooch should contact the RCEWA on 02072680534 or rcewa@artscouncil.org.uk.
    2. Details of the brooch are as follows: A copper alloy harness brooch, also known as a horse brooch or pony brooch, dating from the Late Iron Age in southern Britain. Being an object from the later prehistoric period, the maker and precise date of manufacture are unknown but an approximate date range of c.50 BC to AD 100 is estimated from comparison to finds from known archaeological contexts. This object is in excellent condition. Length: 68.9mm; Height: 8.3mm; Width: 55.2mm; Weight 31.31g.
    3. Provenance: Found at Sutton Scotney, Hampshire. Recorded on Portable Antiquity Scheme no.SUR-738A17. Lot 568, Ancient Coins and Antiquities Auction, 5 December 2023. Noonans Auctions.
    4. The Reviewing Committee on the Export of Works of Art and Objects of Cultural Interest is an independent body, serviced by Arts Council England (ACE), which advises the Secretary of State for Culture, Media and Sport on whether a cultural object, intended for export, is of national importance under specified criteria.
  • PRESS RELEASE : Statement Commemorating the 20th Anniversary of the Comprehensive Peace Agreement in South Sudan [January 2025]

    PRESS RELEASE : Statement Commemorating the 20th Anniversary of the Comprehensive Peace Agreement in South Sudan [January 2025]

    The press release issued by the Foreign Office on 10 January 2025.

    Joint statement from the Governments of Norway, the United Kingdom, Germany, Canada, the Netherlands, and the United States on a peace agreement in South Sudan.

    The 9th of January marked the 20th anniversary of the Comprehensive Peace Agreement (CPA).  Our governments welcomed this historic agreement, including its provision for a referendum in which the people of what is today South Sudan would determine their own future.  The CPA was signed amidst great hope that the South Sudanese people would be able to enjoy peace, human rights, and a government responsive to their needs.

    Sadly, this hope has gone unfulfilled.  Despite South Sudan’s tremendous natural resources, the country’s wealth continues to benefit only a small elite.  For years, the transitional government has failed to use public revenue transparently to pay public sector salaries, ensure access to basic health and education services, or create an enabling environment for sustainable development.  Corruption and mismanagement of natural resources are rampant.

    The transitional government has not taken the steps necessary to create the conditions for peaceful and credible elections, including fostering the civic and political space needed to give the people of South Sudan a voice in their country’s future.  We renew our call on the transitional government to act with urgency to meet its long overdue commitments so that South Sudan can finally realise the CPA’s promise of peace and prosperity for all its citizens.

  • PRESS RELEASE : Keir Starmer call with President Stubb of Finland [January 2025]

    PRESS RELEASE : Keir Starmer call with President Stubb of Finland [January 2025]

    The press release issued by 10 Downing Street on 10 January 2025.

    The Prime Minister spoke to Finnish President Alexander Stubb this morning.

    The leaders discussed the subsea cable damage that took place on Christmas Day and the Prime Minister welcomed Finland’s response and praised the success of the operation. The two agreed to share findings on the source and intent of this incident and to work together with NATO Allies to prevent sabotage activity against undersea cables in future.

    They agreed that collaboration between allies in the region would continue to be vital, including through the work of the Joint Expeditionary Force (JEF), and underscored the importance of respecting international law.

    The two discussed their ironclad support for Ukraine and their hopes for a path towards peace on Ukraine’s terms.

    Finally, the leaders discussed the UK’s EU reset, and talked about ambitions for closer economic and security ties between the UK and the EU.

    They looked forward to speaking again soon.

  • PRESS RELEASE : Keir Starmer call with Prime Minister Michal of Estonia [January 2025]

    PRESS RELEASE : Keir Starmer call with Prime Minister Michal of Estonia [January 2025]

    The press release issued by 10 Downing Street on 10 January 2025.

    The Prime Minister spoke to Prime Minister of Estonia Kristen Michal this morning.

    They discussed recent damage to subsea cables and Estonia’s response, and the Prime Minister underscored the UK’s commitment to security in the Baltic Sea region. On a related point, they raised concerns about the potential environmental impact of the Russian Shadow Fleet and the risk of oil spills. They agreed upon the importance of continued collaboration.

    The Prime Minister thanked Prime Minister Michal for hosting the Joint Expeditionary Force (JEF) Summit in December. The two reflected on how they welcomed their visit with UK troops in the region together during the Prime Minister’s visit to Estonia.

    The leaders went on to discuss their commitment to ensuring Ukraine is in the strongest possible position and reaffirmed their commitment to the country’s future membership of NATO.

    They also reflected on ambitions for an even stronger relationship through the UK’s reset with the EU.

    The two looked forward to seeing each other again soon.

  • PRESS RELEASE : Environment Agency continues to urge caution following recent flooding [January 2025]

    PRESS RELEASE : Environment Agency continues to urge caution following recent flooding [January 2025]

    The press release issued by the Environment Agency on 10 January 2025.

    The Environment Agency is continuing to urge people to remain vigilant following the recent flooding, as, while there is an improving picture, combined rainfall and snowmelt could see river flooding continue in some parts of the country.

    Minor flooding along the River Trent is expected to continue on Friday, while new impacts are possible but not expected along rivers in parts of the Yorkshire and the Humber regions on Monday and Tuesday.

    People in affected areas should follow advice from emergency services and take caution, particularly while travelling.

    Environment Agency teams remain on the ground supporting the public and are still operating flood defences and basins to manage possible impacts.

    As of 10:15 on Friday 10 January, there are 24 flood warnings, meaning flooding is expected, and 72 flood alerts, meaning flooding is possible, live across the country.

    Heavy rainfall over the New Year also saw significant river flooding across Greater Manchester, Cheshire, Merseyside, Lancashire and Yorkshire, with the highest river levels on record being reached on the Mersey in Stockport and South Manchester. In total, more than 77,000 properties have been protected from flooding and approximately 1,400 properties have flooded across England since New Year’s Eve.

    Environment Secretary Steve Reed visited Quorn in Leicestershire on Thursday afternoon to see first-hand the impact of recent flooding and meet with Environment Agency teams who are leading on the response.

    Alongside Environment Agency Chief Executive Philip Duffy, he spoke with responders who have been out on the ground, operating flood defences, issuing flood warnings and supporting the community.

    The Environment Agency continues to monitor the forecast and impacts on river levels. Its message to the public remains to check their flood risk, sign up for free flood warnings and keep up to date with the latest situation.

    Environment Secretary Steve Reed said:

    My thoughts go out to all those homes, businesses and farms that have been flooded in recent days, including those in Leicestershire.

    I pay tribute to the emergency services and first responders across the region for their tireless work around the clock to keep communities safe.

    There is much more work needed to be done to protect homes, including those in Quorn. That is why we are investing £2.4 billion over the next two years to build and maintain flood defences, protecting homes and businesses across the country.

    Daniel Bond, Flood Duty Manager at the Environment Agency, said:

    Minor river flooding is expected to continue along the River Trent today, while combined rainfall and snowmelt means there is a very low likelihood of minor river flooding across parts of the Yorkshire and Humber region on Monday and into Tuesday.

    Environment Agency teams continue to be out on the ground, operating flood defences, taking action to reduce the impact of flooding, issuing flood warnings and supporting those communities affected.

    We urge people to remain vigilant over the next few days, advise anyone travelling to be careful and urge people to stay away from swollen rivers and not to drive through flood water as just 30cm of flowing water is enough to move your car.

    People should search check my flood risk, sign up for free flood warnings, and keep up to date with the latest situation at @EnvAgency on X.

    Floods Minister Emma Hardy has met with Environment Agency Chief Executive Philip Duffy to discuss the nation’s response to the recent flooding events. During the meeting, the Floods Minister was briefed on the current situation on the ground, and the response being led by the Environment Agency and the emergency services. Together, they discussed how to continue to support the collective efforts of the Environment Agency, emergency services, and local authorities in responding to flooding.

    Floods Minister Emma Hardy said:

    I have met with the Environment Agency about the ongoing flooding and my sympathies go out to the people, businesses and communities impacted by the recent flooding across the country.

    I want to express my heartfelt thanks for the vital work that the Environment Agency and emergency services are doing to keep people safe. People must continue to follow their advice and sign up for flood warnings.

    This Government is working at pace to accelerate the building of flood defences through our new Floods Resilience Taskforce and investing £2.4 billion, so we can continue to protect people and their homes.

    Lessons learned from these floods will be fed directly into the new Floods Resilience Taskforce to speed up the development of flood defences and bolster the nation’s resilience to extreme weather.

    The Taskforce brings together the Secretary of State and Minister Hardy with representatives from Defra, MHCLG, Home Office, Cabinet Office, the Environment Agency, the Met Office, Local Resilience Forums, Mayoral Offices, emergency responders and the National Farmers Union, among others.