Ministers urge banks to step up support for defence industry

  • 📰 LBCNews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Business Secretary and minister for defence procurement are hosting a meeting with bosses across the defence and finance sectors.

Ministers are calling on banks and investors to step up support for the UK’s defence sector despite pressure from activists over ethical concerns.

Mr Reynolds said they will discuss how to grow the economic potential of the defence industry and the “changing perceptions of it among investors”. The meeting also comes after a raft of anti-war protests against banks by activist organisations such as Palestine Action.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 75. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Secretary to face MPs amid concerns over electric vehicle mandateIt comes after Vauxhall-owner Stellantis said it would close its van-making plant in Luton, putting 1,100 jobs at risk.
Source: LBCNews - 🏆 75. / 59 Read more »

UK ‘exposed’ in event of global trade war, warns business secretaryPM Keir Starmer says Britain could maintain ties with both US and EU in potential transatlantic tariff dispute
Source: FT - 🏆 113. / 51 Read more »

Business Secretary Warns Net Zero Goals Should Not Lead to De-IndustrializationJonathan Reynolds criticizes the current Net Zero policies for causing job losses in British industries. He emphasizes that the pursuit of decarbonization should not come at the expense of industrial jobs and highlights the paradox of coal-dependent steel production for renewable energy. The new Conservative leader also voices concerns over protecting British identity and culture, while the government plans a review of migration policies.
Source: TheSun - 🏆 64. / 61 Read more »

Small business celebrated ahead of Small Business Saturday returnSmall Business Saturday aims to get people to support local businesses and help them as they go into another challenging winter
Source: BelfastLive - 🏆 16. / 77 Read more »

Webinar to guide business owners on selling their businessJerroms announce an upcoming webinar titled “Thinking about Selling Your Business but Unsure Where to Start?” This free webinar aims to provide business owners with the essential knowledge and tools needed to navigate the complex process of selling a business.
Source: ShropshireStar - 🏆 98. / 51 Read more »

SMALL BUSINESS SATURDAY: West Midlands urged to shop local for Small Business SaturdayCustomers and businesses across the region are being urged to support their local traders and companies as an event designed to support small businesses kicks off this weekend.
Source: ShropshireStar - 🏆 98. / 51 Read more »