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Scotland is backing 22 projects to accelerate its energy transition. The £17.5m funding round is expected to create or support more than 500 jobs, train 350 people annually, and leverage another £10m privately.
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Brussels is reviewing its procurement defence tool as barriers grow. The EU will assess whether its International Procurement Instrument gives European businesses enough leverage when overseas public-sector markets restrict access.
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UK competition regulators cleared Welltower care-home acquisitions with structural remedies. The package uses targeted divestments and operator changes after the CMA identified potential competition concerns in local care-home markets.
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Brussels is reviewing VAT rules to support circular business models. The consultation covers second-hand goods, destruction of viable products, and business-vehicle deductions ahead of possible amendments to the EU VAT Directive.
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European wind manufacturers are gaining fresh backing through bank guarantees. A €250m EIB commitment will allow Danske Bank to provide up to €500m in guarantees supporting equipment production and delivery across the sector.
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EU cyber reporting duties now apply to digital product manufacturers. Companies face 24-hour early-warning deadlines for actively exploited vulnerabilities and severe incidents as ENISA’s new Single Reporting Platform becomes operational.
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A UK commission has proposed lifecycle regulation for healthcare AI. Its 44 recommendations would strengthen post-market monitoring, clarify routes for evolving systems, and provide developers with more predictable regulatory and assurance requirements.
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Britain is deepening its defence reliance on SpaceX satellite services. The Ministry of Defence has acquired around 1,500 Starshield and Starlink terminals, highlighting the gap between current operational needs and longer-term ambitions for sovereign communications infrastructure.
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IONOS is cutting jobs while expanding AI-led internal transformation plans. The German cloud group expects to reduce its workforce by around 450 roles and generate annual savings of up to €30m from 2027.
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Accel-KKR has agreed a £208m takeover of construction-software group Eleco. The 235p-a-share offer carries a 74.7% premium and would take the AIM-listed software business private as investment requirements across SaaS, cloud, and AI increase.