Department for Business and Trade in the news

Embraer and the UK Department for Business, Innovation, Science and Trade signed an MoU to enhance collaboration in aerospace R&D, innovation, and supply chain development.

The UK and Germany established an Industrial Tech Corridor with a €20 million Quantum research fund to boost investment, jobs, and AI/Quantum technology adoption through cross-border business partnerships.

The Business Secretary outlines a plan for a new industrial economy in the UK, focusing on re-industrialization through local empowerment, strategic investments in advanced manufacturing, and a shift towards electric vehicle technologies, particularly in the West Midlands.

Azerbaijan's President Aliyev met with UK Minister of State for Trade, Lord Anas Sarwar.

The UK and Taiwan deepened cooperation in trade, technology, and science, including new agreements on export finance and a framework for joint research and development in emerging technologies.

Applications for the British Industrial Competitiveness Scheme (BICS) are now open, offering a reduction of up to 25% on electricity bills for over 10,000 manufacturers, with a deadline of November 30th for applications.

The British Industrial Competitiveness Scheme is open for applications, aiming to slash electricity bills for over 10,000 manufacturers by up to 25% to drive reindustrialization and support jobs.

The UK Department for Business and Trade launched its UK Sports Economy Trade Mission in Los Angeles, collaborating with the British racing industry.

The UK government is prioritizing the semiconductor and hardware sectors to drive national growth, security, and economic resilience, leveraging existing strengths and fostering regional clusters and a new semiconductor center.

The UK and the Philippines have established a government-to-government partnership to facilitate UK expertise and financing for priority Philippine infrastructure projects.

The ASEAN-UK joint declaration outlines a comprehensive agenda for enhanced economic cooperation, focusing on trade, financial services, digital economy, clean energy, and inclusive growth.

ASEAN and the UK affirmed their commitment to strengthening economic ties, trade, and investment, and supply chain integration, marking five years of partnership.

MPs warn the Department for Business, Innovation, Science and Trade lacks a credible plan for British Steel, costing taxpayers significantly without a clear path to sustainability.

The UK and the Philippines held their second Joint Economic and Trade Committee meeting to strengthen economic ties through enhanced collaboration across various sectors.

CustomerFirst is a new GDS unit partnering with DVLA's Drivers Medical service, using a "NewCo" approach to identify conditions for successful transformation by prioritizing dedicated capacity, organizational knowledge, and transparent decision-making.

This document outlines the evolution and renaming of parliamentary committees, specifically detailing the changes from the Department for Business, Energy and Industrial Strategy Committee to the Business and Trade Committee.

The Department for Business and Trade and Post Office underestimated the scale of the Horizon scandal, leading to a distressing, complex, and delayed compensation process for victims.

A government crackdown on minimum wage violations has led to millions in repayments to workers and penalties for hundreds of non-compliant firms, with officials urging employers to adhere to legal pay standards.

Alastair Long has been appointed as His Majesty's Trade Commissioner for Africa to strengthen trade and investment relationships between the UK and African nations.

Cat Little has been appointed as the permanent secretary for the Department for Business, Innovation, Science and Trade (BIST), bringing extensive government experience to lead the department's growth and job creation initiatives.