Latest in Firstft Uk Manufacturing
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Starmer to take aim at Whitehall with new UK ‘mission’ targets
Prime minister will outline milestones as he faces plunging poll ratingsFinancial Times - Dec. 4 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
UK dismantles massive money laundering operations tied to Russian oligarchs and cybercriminals
British authorities say they have dismantled two massive money laundering operations linked to Russia that were used by oligarchs, organized crime groups, cybercriminals and drug dealersABC News - Dec. 4 -
Hegseth slams 'manufactured media takedown' of him in WSJ op-ed
Pete Hegseth, President-elect Trump's pick to lead the Defense Department, condemned the press for what he described as a "manufactured media takedown" of him. "The press is peddling anonymous ...The Hill - Dec. 4 -
Heavy rain and gales set to hit UK as weather warnings issued
Three Met Office yellow warnings for wind and rain cover large parts of the UK with areas of low pressure set to bring heavy rain and gales.BBC News - Dec. 4 -
Trump taps ex-aide Peter Navarro for senior counselor on trade and manufacturing
President-elect Trump on Wednesday named his once-jailed former aide Peter Navarro as senior counselor for trade and manufacturing to the incoming White House, picking a loyal ally to help ...The Hill - Dec. 4 -
Tata Steel UK losses jump fourfold
Indian-owned group takes £1.12bn hit after writing down value of legacy assetsFinancial Times - Dec. 4 -
Russian criminals helped UK drug gangs launder lockdown cash
UK drug gangs paid Russian criminals to swap their dirty street cash for untraceable cryptocurrency, police say.BBC News - Dec. 4 -
UK uncovers vast crypto laundering scheme for gangsters and Russian spies
Multibillion-dollar ring across London, Moscow and Dubai connected cash-rich criminals with sanctions evadersFinancial Times - Dec. 4 -
Investors signal a return to UK equities
November was the first month for over three years that money came back into British stocksFinancial Times - Dec. 4 -
Sadiq Khan warns UK leaders not to be ‘sycophantic’ towards Trump
London mayor’s comments come as he backs FT seasonal appeal with Magic Breakfast charityFinancial Times - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
FirstFT: South Korea’s Yoon Suk Yeol faces calls to resign after failed martial law order
Also in this newsletter, France’s Michel Barnier faces no-confidence vote, and Bank of England governor hints at rate cutFinancial Times - Dec. 4 -
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UK medicines regulator needs more resources, drugmakers say
Report by industry group finds MHRA’s ‘capacity and predictability’ is biggest factor deterring investmentFinancial Times - Dec. 4 -
Princess of Wales joins royals as Qatari state visit to the UK starts
The Princess of Wales helped kick off the emir of Qatar’s trip to Britain as the U.K. government enlists one of the most popular royals to ensure the success of a state visit by the leader of a key ...ABC News - Dec. 3 -
Mastercard reaches agreement in UK to settle claims of overcharging on fees
Test case bought on behalf of 46mn credit and debit card customers ends in deal for compensation of about £200mnFinancial Times - Dec. 3 -
Vivek Ramaswamy Calls Out Loans for Electric Vehicle Manufacturing
Ramaswamy will co-lead the planned Department of Government Efficiency along with Tesla CEO Elon Musk. One of the loans is for Rivian, a Tesla competitor.Inc. - Dec. 3 -
UK band Sports Team robbed at gunpoint in California while on US tour
Van belonging to popular indie group reportedly ransacked by thief waving gun outside Starbucks in Vallejo. The British band Sports Team were robbed at gunpoint Tuesday while on the US leg of their ...The Guardian - Dec. 3 -
UK auditors refuse to sign off Tees Valley regeneration project’s accounts
Accountants Mazars could not get sufficient assurance of Ben Houchen’s body before deadlineFinancial Times - Dec. 3 -
Husband of UK royal took own life after ‘adverse effects of medication’
Coroner says evidence suggests Thomas Kingston, who was married to Lady Gabriella, had a ‘lack of suicidal intent’. The son-in-law of Prince and Princess Michael of Kent killed himself after ...The Guardian - Dec. 3 -
China bans exports to U.S. of some materials for electronics manufacturing
China has banned exports to the U.S. of some materials essential to the manufacturing of electronics and some military equipment. It comes in response to Washington's chip sanctions on Beijing. CBS ...CBS News - Dec. 3 -
UK junk food ad ban includes porridge and pitta bread snacks
Unhealthy foods cannot be shown online or before 9pm under new rules to cut childhood obesityFinancial Times - Dec. 3 -
UK's Starmer hosts Greek leader but says Parthenon Marbles are not on the agenda
Greece’s prime minister is in London on for his first top-level U.K. meeting since a spat last year over the contested Parthenon MarblesABC News - Dec. 3 -
Funding issues and ‘over-optimism’ behind UK failures on jobs data
Statistics agency review reveals flaws that left policymakers without a reliable unemployment figure for a yearFinancial Times - Dec. 3 -
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The Princess of Wales will help kick off a Qatari state visit to the UK
The Princess of Wales will help kick off the emir of Qatar’s trip to Britain as the U.K. government enlists one of the most popular royals to ensure the success of a state visit by the leader of a ...ABC News - Dec. 3 -
Microsoft faces £1bn class action case in UK over software prices
It is alleged the tech giant overcharged companies for its Window Server software, used in cloud computing.BBC News - Dec. 3 -
Starmer: UK does not need to choose between US and EU
It's "plain wrong" to suggest Donald Trump's return to the White House means the UK needs to pick a side, the PM says.BBC News - Dec. 3 -
Migrants brought to UK from remote military island
Their journey to the UK marks the end of years of complex legal battles.BBC News - Dec. 3 -
Dozens of Tamils arrive in UK after three years stranded on Diego Garcia
Lawyers and campaigners hail removal of 47 people from remote Indian Ocean island as ‘a big day for justice’. Dozens of people stranded in hellish conditions for more than three years on the remote ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
FirstFT: Critics see chance to close US accounting regulator
Also in this newsletter, Nato’s new chief warns of ‘dire threat’ of a bad Ukraine peace deal and China hits back against chip sanctionsFinancial Times - Dec. 3 -
UK regulator opens door to Shein London listing
Financial Conduct Authority values disclosure over ‘corporate behaviour’, says Nikhil RathiFinancial Times - Dec. 3 -
UK chemicals sector doubts Starmer ‘reset’ will end Brexit blues
Businesses say regulatory and customs frictions will barely be eased if Labour government sticks to red lines on EUFinancial Times - Dec. 3 -
Trump picks investment banker Warren Stephens as UK ambassador
The billionaire donated millions to President-elect Donald Trump’s re-election campaign this year.BBC News - Dec. 3 -
Trump picks Arkansas banker Warren Stephens as ambassador to UK
Executive donated to president-elect’s campaign but his family’s bank was once associated with the ClintonsFinancial Times - Dec. 2 -
Trump picks Republican mega-donor Warren Stephens as ambassador to UK
Investment banker has donated regularly to conservative causes although not always in favor of the president-elect. Donald Trump announced on Monday he has picked investment banker and Republican ...The Guardian - Dec. 2 -
Trump taps investment banker Warren Stephens for UK ambassador
President-elect Trump announced on Monday that investment banker Warren Stephens would serve as U.S. ambassador to the United Kingdom. “Warren has always dreamed of serving the United States full ...The Hill - Dec. 2 -
Agent for Russia and UK-based Bulgarian planned ‘honeytrap’ for journalist, court hears
Pair chatted on Telegram about plot to target Christo Grozev, known for his investigations into Russian espionage. An agent for Russia and a Bulgarian based in Britain discussed setting up a ...The Guardian - Dec. 2
