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Tag: Press Release

  • PRESS RELEASE : Martin Egan reappointed as Non-Executive Director [October 2025]

    PRESS RELEASE : Martin Egan reappointed as Non-Executive Director [October 2025]

    The press release issued by HM Treasury on 2 October 2025.

    The Economic Secretary to the Treasury has reappointed Martin Egan as a Non-Executive Director of the UK Debt Management Office (DMO) Advisory Board.

    The Economic Secretary to the Treasury, Lucy Rigby KC MP, has reappointed Martin Egan as a Non-Executive Director of the UK Debt Management Office (DMO) Advisory Board.

    In this role Martin will continue supporting the DMO’s Chief Executive and senior team and bring considerable experience, skills and judgement to the full array of Advisory Board issues.

    Martin will serve a second three-year term.

    Economic Secretary to the Treasury, Lucy Rigby KC MP said:

    “I am very pleased to confirm the reappointment of Martin Egan.

    “His extensive knowledge and experience will continue to support the Debt Management Office in delivering its objective to support economic stability by effectively managing government debt.” 

    Dame Sue Owen, Non-Executive Chair, DMO Advisory Board, said:

    “I fully support this reappointment. Martin brings the deep market knowledge and perspective that is so valuable to the Advisory Board and DMO executives.”

    Jessica Pulay, Chief Executive Officer, UK Debt Management Office, said:

    “I am delighted that Martin Egan will continue to serve on our Advisory Board as a Non-Executive Director.  Martin’s knowledge and experience has been of immense value to the DMO since he joined the Advisory Board and we look forward to his continuing contribution over the coming years.”

    About Martin Egan

    Martin Egan has 39 years of experience in financial markets. Most of his career was spent at BNP Paribas in various roles including Managing Director Global Co-Head Primary and Secondary Credit, Vice Chairman of the Global Markets Client Board, and Chair of BNPP UK Ltd. He was also Chair of the Diversity and Inclusion Network at BNPP UK. Earlier in his career he held roles at JP Morgan Ltd., UBS Investment Bank and Credit Suisse First Boston.

    Martin was also the Chair of the Board of the International Capital Market Association from May 2017 to May 2018, and a member of the Board for another 5 years before that.

    Martin confirmed he has not engaged in any political activity in the last five years.

    About the appointment process

    The DMO is an executive agency of HM Treasury which is responsible for debt and cash management for the UK Government, lending to local authorities and managing certain public sector funds.

    This reappointment was made by HM Treasury ministers, in line with the requirements of the Governance Code for Public Appointments.

  • PRESS RELEASE : UN Human Rights Council 60 – UK Statement for the Interactive Dialogue with Independent Expert on Central African Republic [October 2025]

    PRESS RELEASE : UN Human Rights Council 60 – UK Statement for the Interactive Dialogue with Independent Expert on Central African Republic [October 2025]

    The press release issued by the Foreign Office on 2 October 2025.

    UK Statement for the Interactive Dialogue with Independent Expert on Central African Republic. Delivered at the 60th session of the HRC in Geneva.

    Thank you, Madame Vice President,

    We welcome the Central African Republic’s continued engagement with this Council and the Independent Expert’s scrutiny of the human rights situation. Ongoing implementation of national human rights policies remains vital to translate commitments into results.

    The UK welcomes the Central African Republic’s commitment to hold local, legislative and presidential elections in December. However, holding combined elections presents significant challenges. We urge the government to strengthen the National Electoral Authority to ensure the constitutional timelines for elections are met and encourage stakeholders to support the Authority in delivering free and fair elections.

    We are pleased the measures taken under the Political Agreement for Peace and Reconciliation has led to an improvement in the human rights situation, but we remain deeply concerned by abuses committed by Russian proxies and armed groups. These groups do not improve security or stability. We urge the authorities to strengthen the implementation of the Agreement, and to support the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) as it seeks to fulfil its mandate.

    Intercommunity tensions represent a serious threat to peace and human rights. We ask the independent expert, what can the international community do to support the Central African Republic in combatting these tensions?

  • PRESS RELEASE : UN Human Rights Council 60 – UK Statement for the Interactive Dialogue on the High Commissioner’s Report on Haiti [October 2025]

    PRESS RELEASE : UN Human Rights Council 60 – UK Statement for the Interactive Dialogue on the High Commissioner’s Report on Haiti [October 2025]

    The press release issued by the Foreign Office on 2 October 2025.

    UK Statement for the Interactive Dialogue on the High Commissioner’s Report on Haiti. Delivered by the UK’s Human Rights Ambassador, Eleanor Sanders.

    Thank you, Madam Vice President.

    We are grateful to the High Commissioner for his report.

    Criminal gangs continue to commit abuses, including killings, kidnappings and sexual violence. Over a million Haitians have been displaced, and access to essential services is severely restricted.

    Restoring security is essential to Haiti’s long-term stability. The UK supported the Multinational Security Support Mission by providing £5 million to the Office of the High Commissioner to ensure the Mission complies with international standards on human rights, conduct and discipline. We welcome the Office’s role in ensuring the Mission operates in line with the highest standards of human rights protection.

    We also welcome efforts at the UN Security Council to develop a coordinated and sustainable way forward for Haiti’s security and stability. Any future arrangements should seek to protect the rights and civil liberties of Haitians.

    Moreover, we will continue to act against perpetrators of human rights abuses in Haiti, including through our human rights sanctions regime.

    How can the international community ensure that future security arrangements in Haiti support a Haitian-led political process that protects rights and freedoms?

    Thank you.

  • PRESS RELEASE : Moldova’s Parliamentary Elections – UK statement to the OSCE [October 2025]

    PRESS RELEASE : Moldova’s Parliamentary Elections – UK statement to the OSCE [October 2025]

    The press release issued by the Foreign Office on 2 October 2025.

    Ambassador Holland welcomes the preliminary conclusions of the ODIHR Election Observation Mission, and congratulates President Maia Sandu’s Party of Action and Solidarity on its decisive election victory.

    The United Kingdom notes the results of Moldova’s parliamentary elections on 28 September, and congratulates President Maia Sandu’s Party of Action and Solidarity on its decisive election victory.

    We look forward to further strengthening our partnership and friendship with the government and people of Moldova, and continuing our support to Moldova’s economic and democratic reforms as it works towards its European future.

    The UK welcomes the preliminary conclusions of the ODIHR Election Observation Mission that elections were competitive and offered voters a clear choice between genuine political alternatives. We are deeply concerned by the serious reported cases of foreign interference, illegal funding, cyber-attacks and widespread disinformation – as well as credible evidence of vote-buying schemes.

    As was the case during presidential elections in 2024, the information environment during the electoral campaign was weaponised by malign actors to sow division in society in an attempt to subvert Moldovan democracy. We, alongside partners, will redouble our efforts to aid Moldova’s ability to hold elections that both meet international standards and that are free of external interference in the future.  

    The United Kingdom fully supports the findings outlined in the ODIHR preliminary conclusions, and encourages the Moldovan government to engage constructively with international partners to address outstanding recommendations. We will continue to support Moldova’s efforts to stop interference from Russia undermining democracy in their country.

    Let me also take this opportunity to reiterate the UK’s strong support for ODIHR, and its vital work in observing elections across the OSCE region.

    Thank you, Mr Chair.

  • PRESS RELEASE : Charity Commission Statement on the Heaton Park Synagogue [October 2025]

    PRESS RELEASE : Charity Commission Statement on the Heaton Park Synagogue [October 2025]

    The press release issued by the Charity Commission on 2 October 2025.

    Charity Commission Chief Executive, David Holdsworth, said:

    Our thoughts are with those directly affected, and the wider Jewish community, after this abhorrent attack on a holy day. This attack is all the more abhorrent as it targeted people of faith and those serving in a charity simply for attending their place of worship. Violence and hatred have no place in our communities and society. Violence can never be justified and can never be excused.

    Charities are at the heart of communities across the country improving millions of lives daily. We as the regulator will robustly defend their right to do so and stand ready to support charities as they do what they do best – bring communities together, protect society’s most vulnerable and work to make our country and world a better place.

  • PRESS RELEASE : Stephen Hardy announced as the new Certification OfficerStephen Hardy announced as the new Certification Officer [October 2025]

    PRESS RELEASE : Stephen Hardy announced as the new Certification OfficerStephen Hardy announced as the new Certification Officer [October 2025]

    The press release issued by the Department for Business and Trade on 2 October 2025.

    Hardy will be responsible for statutory functions relating to trade unions and employers’ associations.

    The Department of Business and Trade has today (1st October) announced the appointment of Stephen Hardy as the new Certification Officer. 

    The independent Certification Officer is responsible for statutory functions relating to trade unions and employers’ associations. 

    Stephen Hardy will take up his role on 1 October 2025, replacing Sarah Bedwell, who has held the post since 2017. 

    Biography 

    Stephen Hardy is a Professor of Employment Law and formerly the Dean of the Faculty of Business, Law & Politics at the University of Hull (2020-2024). He has over 3 decades experience in higher education and was a practising Barrister, specialising in Employment and Public law, instructed in complex trades union, equality, redundancy, dismissal and judicial review cases; including being appointed Regional Treasury Counsel and on the Panel of Preferred Counsel of the Equality Human Rights Commission. Since 2011, he has been a Fee-paid Judge of the First-Tier Tribunal and was a member of the Judicial Pensions Board (2019-2023). Currently, he is a member of the Social Security Advisory Committee. In 2021 he was elected a Fellow of the Academy of Social Sciences and since 2022, has been a Principal Fellow of the Higher Education Academy.

  • PRESS RELEASE : Appointment of three new Non-Executive Directors to the National Wealth Fund [October 2025]

    PRESS RELEASE : Appointment of three new Non-Executive Directors to the National Wealth Fund [October 2025]

    The press release issued by HM Treasury on 2 October 2025.

    Experts in investment, risk management and local and central government have been appointed to the National Wealth Fund Board, as it moves into a new chapter.

    Catherine Cripps, Tom Riordan, and Joseph Schull have been appointed as new Non-Executive Directors by the Chancellor Rachel Reeves as the National Wealth Fund focuses on scaling up delivery: increasing the capital it deploys, expanding into new sectors, and building stronger regional investment pipelines. 

    Over the past year, the National Wealth Fund (NWF) has been at the forefront of investing public money in the UK’s future,  supporting the government’s mission to put more money into the pockets of working people through our Plan for Change. It is now set to move into a new chapter under the leadership of Oliver Holbourn, who takes up the role of CEO on 1 November.  

    The National Wealth Fund Board, chaired by Chris Grigg, has been central to the organisation’s progress to date, and the appointment of Catherine, Tom and Joseph will significantly add to its capabilities.

    Chancellor of the Exchequer, Rachel Reeves said:  

    I would like to congratulate Catherine, Tom and Joseph on their appointments as Non-Executive Directors of the National Wealth Fund.

    They bring exceptional track records to the NWF’s Board, spread across Investment, Risk Management and Local and Regional Government. Each of them will further strengthen an already capable and experienced Board as it supports our mission to boost economic growth and living standards through our Plan for Change.

    Chair of the National Wealth Fund, Chris Grigg said: 

    I am delighted to welcome Catherine, Tom, and Joseph to the Board. Each brings vital expertise and perspective that will strengthen our ability to deliver on the NWF’s ambitious objectives, as we scale up our investment activity to support the government’s growth and clean power missions.

    Catherine Cripps said:

    It is a privilege to take up this role and support the NWF on its critical mission to drive growth and investment in the UK.

    Tom Riordan said:

    I’m delighted to be joining the team at the National Wealth Fund at such an exciting time and I’m looking forward to helping them deploy capital and create jobs that benefit the whole country.

    Joseph Schull said:

    I am delighted to join the NWF Board as it begins a new chapter and I look forward to supporting its mission to act as a catalyst for the growth of the UK’s digital businesses and green economy across the country.

    Biographies

    Catherine Cripps is a seasoned investment management professional, having held senior leadership roles at major institutions and smaller, entrepreneurial businesses. She has built a diverse board portfolio, serving on listed company boards, private equity backed businesses, government agencies and major international subsidiaries. Catherine currently Chairs Polar Capital Technology Trust plc and is a Non-Executive Director of Pool Re Insurance Company Ltd, Goldman Sachs International & Goldman Sachs International Bank 

    Tom Riordan brings extensive experience across central and local government. He began his career in government, subsequently serving as Chief Executive of a regional development agency. He later became Chief Executive of Leeds City Council, overseeing significant regeneration and public service transformation. Tom currently serves as Second Permanent Secretary at the Department for Health and Social Care and will undertake the NED role alongside this position. 

    Joseph Schull is Co-Founder and Managing Partner of private equity firm Corten Capital. Previously, Joseph was Head of Europe at Warburg Pincus and a member of the firm’s Executive Management Group, responsible for overseeing investments in multiple sectors, with a focus on technology.  Joseph is an experienced board member, having served as both an investment director and a non-executive director.  He brings over 25 years of investing and business building expertise as well as strategic insight to NWF’s Board.

  • PRESS RELEASE : Major boost to economy through wedding law reform [October 2025]

    PRESS RELEASE : Major boost to economy through wedding law reform [October 2025]

    The press release issued by the Ministry of Justice on 2 October 2025.

    In the biggest overhaul to marriage law since the 19th century, reforms are set to give marrying couples greater freedom and boost the economy by £535 million.

    • Marrying couples to gain freedoms to get married in new locations – from beaches to castles
    • Reforms to deliver £535 million injection into the economy creating up to 12,000 jobs
    • Part of Plan for Change to kickstart economic growth

    Marrying couples to have more freedom over how they say ‘I do’, with reforms allowing them to get married on beaches and at heritage sites.

    Announced today (2 October), it is estimated that the biggest overhaul to marriage law since the 19th century could also open up 12,000 jobs and add over £100 million to the public purse.   

    The reforms will give couples more choice in how they get married, making the process simpler, fairer and less costly, while ensuring the dignity and integrity of marriage is protected.  

    Under the reforms, couples will be able to marry in a wider range of locations provided venues meet strict standards of being appropriate and dignified. 

    These changes will mean marriage law reflects modern Britain, making it more straightforward for couples to have legally binding religious ceremonies – including Sikh, Muslim, Buddhist and Hindu weddings – and allow non-religious groups, such as Humanists, to conduct legally binding ceremonies for the first time. 

    This will also be a significant boost to the economy as it is estimated the reforms could lead to a 3% increase in weddings in England and Wales, adding £535 million to the economy over the next 10 years, supporting 1,800 more businesses and delivering on the Plan for Change to kickstart growth.  

    Minister for Family Law, Baroness Levitt KC said:  

    Marriage is one of our country’s most celebrated traditions and our plans will allow couples to have the wedding day of their dreams.  

    Our reforms will protect the solemnity and dignity of marriage while providing more choice for couples and unlocking untapped opportunities for the economy.

    Minister for Victims and Tackling Violence Against Women and Girls, Alex Davies-Jones said:   

    Mine and my husband’s wedding day was incredibly special – personal, meaningful and an unforgettable celebration of our love. Every couple deserves the same.   

    Our wedding laws should match our country’s needs. These vital reforms will mean couples from all walks of life can celebrate their commitment without outdated restrictions getting in the way. 

    The reforms announced will see regulation of weddings shift away from buildings and onto the officiants running the ceremony, offering couples greater freedom to shape their big day.  

    ENDS

    Further information:

    • Planned changes follow Law Commission recommendations from July 2022 to modernise marriage law and break down unnecessary barriers to weddings for engaged couples.
    • The Government will undertake a consultation early next year.
    • Legislation to reform marriage law will be introduced when parliamentary time allows.
  • PRESS RELEASE : UN Human Rights Council 60 – UK Statement for the Item 9 General Debate [October 2025]

    PRESS RELEASE : UN Human Rights Council 60 – UK Statement for the Item 9 General Debate [October 2025]

    The press release issued by the Foreign Office on 2 October 2025.

    UK Statement for the Item 9 General Debate. Delivered at the 60th session of the HRC in Geneva.

    Thank you.

    This October, the UK marks Black History Month – a time to honour the enduring contributions of Black people to British society, reflect on the past, and champion a more inclusive future for all.

    The UK is committed to building a fairer society where everyone – regardless of background – has an equal chance to succeed. While progress has been made in tackling racial discrimination, systemic inequalities still persist in areas like housing, employment, and healthcare. That’s why we are taking action to root out structural racism and level the playing field.

    We will publish a draft Equality (Race and Disability) Bill, which will include measures to introduce mandatory ethnicity pay gap reporting for large employers. This will provide transparency and help businesses identify and address disparities. We are working closely with employers to ensure this leads to meaningful change.

    We have also launched a Race Equality Engagement Group to enable an effective two-way dialogue with ethnic minority communities and guide our efforts to tackle race inequalities.

    We stand firmly against racism and remain committed to taking meaningful action – both at home and abroad – to create a more inclusive and equitable future for all.

    Chair, what actions can be taken to address structural racism in employment and promote inclusive workplaces globally?

  • PRESS RELEASE : Boost to jobs and military capability with new defence equipment system [October 2025]

    PRESS RELEASE : Boost to jobs and military capability with new defence equipment system [October 2025]

    The press release issued by the Ministry of Defence on 2 October 2025.

    New £320 million contract for a platform to revolutionise how the Armed Forces manage and maintain defence equipment to help the military make better decisions faster will create 100 new highly-skilled UK jobs.

    The UK’s Armed Forces will be strengthened by a new cutting-edge platform that will revolutionise how the military manages and maintains its equipment, driving efficiency and creating more than 100 highly-skilled jobs.

    The new platform will use artificial intelligence (AI) to help ensure Armed Forces have the right equipment in the right place at the right time, delivering on the ambitions of the Strategic Defence Review.

    The £320 million contract with IBM UK for the Defence Equipment Engineering Asset Management Systems (DEEAMS) will create 100 new highly-skilled jobs in the UK, making defence an engine for growth and delivering on the Government’s Plan for Change.

    The new system will replace 17 fragmented, siloed and outdated applications with one enabled modern streamlined platform, using AI to bring over £1 billion in benefits such as savings on support and IT costs. It will provide personnel with real-time information to predict maintenance and repairs, stock availability, and engineering planning across major equipment and platforms.

    It will also enable the adoption of future productivity-enhancing technologies, making sure the UK’s Armed Forces stay at forefront of defence innovation and capability.

    Minister for Defence Readiness and Industry, Luke Pollard MP, said:

    This is a major step forward in our commitment to ensuring our military has the very best equipment support available.

    We are revolutionising how we provide our front-line personnel with the kit they need, when they need it, whether they’re operating at home or deployed overseas.

    We are delivering on the Government’s Plan for Change with this £320 million investment, creating 100 new skilled jobs here in the UK and driving defence as an engine for growth.

    This government is delivering the biggest transformation of UK defence in a generation to reshape how the military protects Britain against unprecedented global threats. This is backed with the largest sustained increase to defence spending since the Cold War, rising to 2.6% of GDP by 2027, with an ambition for hitting 3% in the next Parliament.

    Serving over 65,000 users across more than 130 major military platforms and assets, the system will improve the quality and speed of military decision making, boost operational effectiveness, and support the resilience of digital networks.

    Rahul Kalia, Managing Partner, IBM Consulting UKI, said:

    IBM is proud to support the Ministry of Defence to deliver the transformational DEEAMS programme to enable a next generation, full-lifecycle asset management solution for the UK Armed Forces. Working with our ecosystem partners, we will deliver this mission-critical platform with predictive intelligence and real-time data driven insights to improve planning and support strategic decision making.

    This investment follows the launch of the Defence Industrial Strategy and demonstrates defence’s commitment to supporting UK economic growth and maintaining Britain’s position at the forefront of technology innovation.

    The project builds on the Strategic Defence Review’s recommendations for the UK Armed Forces to rapidly modernise and embrace the latest technology. Digital integration, data and digital systems are fundamental underpinnings of all modern military capabilities, making them more capable, resilient, and effective.

    This contract represents defence’s ongoing commitment to digital transformation, ensuring our Armed Forces have warfighting capabilities with cutting-edge systems and innovative technologies that provide modern information systems and processes, streamlining support and enhancing operational effectiveness home and overseas.