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Urenco’s order book jumped 28% as nuclear demand strengthened globally. The London-headquartered enrichment group now has €27.3bn of contracted business extending into the 2040s as it expands capacity in the UK, US, and Europe.
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Ofwat has provisionally approved £3.4bn for additional water investment projects. The proposals cover 13 companies and include infrastructure for water quality, housing, and data centres, with five operators permitted to raise bills if the decisions are confirmed.
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JLR profits fell sharply as supply disruption cut wholesale volumes. Revenue dropped 9.6% in the first quarter, while profit before tax and exceptional items fell 68.9% and free cash flow turned sharply negative.
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Maeving has secured £3m financing to expand overseas motorcycle sales. HSBC UK funding backed by UKEF will support increased production for American and European demand, with 13 new Coventry jobs planned.
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Britain and Australia are deepening defence technology cooperation through radar. QinetiQ and CEA Technologies have signed an agreement covering advanced AESA systems as both countries expand industrial and supply-chain ties.
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Ministers have backed changes to Britain’s post-Brexit subsidy control system. Guidance, streamlined routes, and transparency will be revised after the CMA found the regime broadly effective but identified practical difficulties for some public authorities.
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The CMA is proposing major cuts to legacy market remedies. Twenty-three could disappear entirely, four may be reduced, and six retained as the regulator reviews requirements across banking, insurance, travel, retail, and other markets.
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Ministers are giving councils stronger powers over struggling high streets. Vape shops and adult gaming centres will face planning controls, while local authorities will receive greater scope to reject betting premises and close rogue businesses.
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Breedon is pressing ministers to protect British cement competitiveness now. The group wants stronger carbon-border rules, electricity-cost support, procurement reform, and faster investment in industrial decarbonisation.
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Ofcom has opened a compliance investigation into Zayo Group UK. The regulator is examining whether information supplied under a statutory request connected to telecoms-security duties was complete, accurate, and provided within the required timeframe.