Department for Business and Trade

The National Minimum and National Living Wages have risen. Make sure you’ve updated your payroll ✅

In a changing world, we're going further and faster to kickstart economic growth.   Today, India's Minister of Finance, Nirmala Sitharaman, and I met to progress our trade deal negotiations - joined by business leaders too as we seek exciting new opportunities for both our nations.

A £50bn boost to the economy by 2055. 8,000 local jobs once open. All from a multimillion-pound investment that will see one of the largest visitor attractions in Europe find its home in Bedfordshire. A new world class theme park, from US firm Universal Studios, is set to open in 2031 - and is expected to attract 8m visitors in its first year alone. Our modern Industrial Strategy is creating the conditions for investment to happen ✅ UK Business and Trade - North America

Today, we're announcing a new, independent appeals process for eligible postmasters in the Horizon Shortfall Scheme. The work continues at pace to ensure past failings are fully addressed: https://ow.ly/aaQT50VwBuF Gareth Thomas MP

We’re giving the whole of the UK automotive industry the additional certainty and support it needs as we set out new plans to back industry. The Zero Emission Vehicle Mandate will be changed to make it easier for industry to upgrade to make electric vehicles, alongside more support to help working people make the switch to EVs. The package is part of the forthcoming Industrial Strategy - helping UK businesses realise the potential of the industries of the future, while making the UK increasingly more attractive to overseas investors.

📣 OCBC will finance £10 billion of investment from #AsiaPacific into 🇬🇧 priority growth sectors including energy, infrastructure and real estate by 2030.   This is a huge vote of confidence in the #UK economy, building on the £126bn UK-Asia Pacific trade relationship and the UK's recent ratification of CPTPP.   💼📈We are making it quicker, easier, and more profitable to do business with the UK, including through the upcoming Industrial Strategy. If you are an Asia Pacific investor, reach out for support: https://lnkd.in/eukHdES6   Poppy Gustafsson Nikesh Mehta UK in Singapore Department for Business and Trade OCBC Elaine Lam

NEWS: Fake reviews and unavoidable hidden fees that cost consumers £2.2bn every year are now banned ✅ We’re clamping down on unfair trading practices to protect consumers and ensure a more level playing field for businesses. The new consumer rights come alongside the start of new powers for the Competition and Markets Authority, which will now be able to investigate cases that appear to break the law without being forced to spend months waiting in the courts. Businesses that don’t comply could be issued with penalties of up to 10% of their global revenues.

When Catriona’s son Samuel was born 10 weeks premature, he was taken into neonatal intensive care where he spent the next two critical months. While Catriona was using her maternity leave – not to spend precious time with Samuel at home, but in hospital – her partner also had to face a difficult decision. Should he use up his two weeks of paternity leave to be by his son’s side? Or return to work, leaving Catriona alone. As new rights to neonatal care leave and pay come into effect on 6th April, we asked Catriona to share her story – and why she founded The Smallest Things to support others and campaign for the new rights👇 Working Families | Bliss

HAVE YOUR SAY: Following the US’s global trade tariffs, we’re asking UK businesses to comment on options to shape the UK’s response. Read more 👉 https://lnkd.in/ec_MgtDX

POV: you’re hanging out with an immersive tech company at SxSW 👀 Innovators like Draw & Code are putting the UK on the global creative tech map. By connecting our talent with the world and making it quicker and easier to do business, we're turning bold ideas into tomorrow's reality. #UKIndustrialStrategy