Jonathan Reynolds News

24.02 / 12:21

markets economy Trade country Department Relationships India, UK to resume fair trade deal negotiations: Ministry of Commerce and Industry

Ministry of Commerce and Industry on Monday said India and the United Kingdom have resumed negotiations towards a trade deal between the two countries.

07.03 / 22:53

UPS economy wellness Trade President International Ministers from Japan and UK agree to promote free trade amid Trump tariff threats

Economy and foreign ministers of Japan and Britain agreed Friday to promote free and open international trade at their first “two-plus-two” dialogue on economy held in Tokyo amid growing concern about U.S. President Donald Trump’s tariff threats

24.02 / 19:31

CEO security Mobile economy Trade country social Trump brandishes tariffs, but India and UK are back talking trade

Subscribe to enjoy similar stories. India and the UK returned to free trade negotiations on Monday after a year's gap, offering a glimmer of optimism in a world witnessing a surge in protectionism. According to commerce minister Piyush Goyal, the proposed free trade agreement (FTA) may raise India-UK trade by as much as threefold in the next 10 years, at a time when rising tariff walls threaten to put a dampener on free movement of goods and services.

22.02 / 01:01

COST Cooper Mobile Trade President War India-UK trade talks to resume soon

Subscribe to enjoy similar stories. New Delhi: India and the UK are set to restart talks for a free trade agreement (FTA) after nearly a year, with a top British delegation arriving in New Delhi on Sunday. India is likely to soften its demand on workers' mobility considering reservations in the new British government led by prime minister Keir Starmer, two people familiar with the matter said.

29.01 / 12:51

Provident Platform wellness information rights AIC launches campaign to improve voting practices among investment platforms and providers

In a letter to business secretary Jonathan Reynolds on Tuesday (28 January), the AIC urged the government to amend Part 9 of the Companies Act 2006 so that platforms are required to pass on company information and voting rights unless their clients opt out. In addition, the association argued that platforms and providers should implement a periodic requirement that would see their customers reconfirm their preferred opt-out choice, as well as enable any customers who already opted out to opt in on demand. The latest push from the AIC comes on the back of a focus on shareholder voting ...

17.12 / 04:55

security Monarch exclusive Courts International UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire

Britain’s government has approved the sale of Royal Mail’s parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its 500-year history

27.11 / 21:33

COST Target Manufacturing Volkswagen Southern prevention The UK will consult on sales targets for automakers during the transition to electric vehicles

Britain’s new Labour government will launch a consultation on sales targets set for auto manufacturers during the transition to electric vehicles

11.09 / 13:56

UPS security economy Election community country GMB UK government secures better severance deal for workers at country's biggest steel plant

Britain’s government has unveiled details of a new support package for workers who face losing their jobs at the country’s biggest steel plant ahead of its transition to a greener way of production

05.08 / 08:35

Trade Department International UK to host international investment summit in October

The summit will see around 300 industry leaders attend to «catalyse investment in the UK», the government said in a statement. Chancellor Rachel Reeves and business and trade secretary Jonathan Reynolds are expected to reiterate the Treasury's message that the UK is «open for business». Chancellor Reeves to make 'difficult choices' in a bid to fill £22bn fiscal hole According to the Treasury and the Department for Business and Trade, the summit will advocate for «advancing opportunities for investment and growth across the country» as «economic growth is the government's top priori...

17.07 / 03:06

COST security community Trade consequences rights UK Labour government likely to go tough on Tata Steel Wales job losses

Tata Steel protect local jobs at its Port Talbot plant, before it approves the 500-million ($635 million) lifeline offered by the previous administration for building a low-carbon facility. «Decarbonisation does not mean deindustrialisation,» new UK business secretary Jonathan Reynolds told ET in a response to email queries. «I will be working to safeguard jobs as part of negotiations, securing the future of steel-making communities for generations to come.» In September 2023, Tata Steel announced plans for a new low-carbon electric arc furnace (EAF) at its Wales factory, to be commissioned in 2027. The project entails investment of 1.25 billion jointly with the UK government, and thus hinges upon final approval of the grant.

13.07 / 09:33

UPS BBC WhatsApp prevention Britain prioritising jobs in Tata Steel talks: Minister

Britain's new government is prioritising avoiding job losses in talks with Tata Steel over government backing for a transition to lower-carbon technologies, business minister Jonathan Reynolds said on Sunday. Tata, Britain's biggest steel producer, started closing one of its carbon-intensive blast furnaces on Thursday while the shutdown of its other one is slated for September, resulting in the loss of up to 2,800 jobs at Port Talbot in South Wales. The new government will need to sign the 500 million pound ($635 million) support package the previous government agreed with Tata Steel to help build a lower-carbon electric arc furnace, but unions are hoping for an improved deal with Tata, which could prevent some job losses.

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