Tag: plan

  • Metro Bank shareholders overwhelmingly back rescue plan

    Metro Bank shareholders have voted overwhelmingly in favour of a major refinancing package which the bank hopes will secure its future. The deal was approved by over 90 per cent of shareholders, even though it will dilute their shareholding substantially. The vote comes after the embattled challenger announced a major refinancing package in October. The…

  • Rwanda plan ‘not the be all and end all’, says James Cleverly

    The flagship Rwanda asylum plan is not the “be all and end all” of government efforts to tackle illegal migration, the Home Secretary has said. Prime Minister Rishi Sunak remains under pressure to revive the policy after this month’s Supreme Court defeat, with some Tory MPs also angered by latest data on legal net migration…

  • Badenoch unveils £4.5bn funding plan for British manufacturing

    A multibillion-pound funding package for key manufacturing sectors will drive growth and boost investment in the UK, ministers have said. Business Secretary Kemi Badenoch said the UK would not be drawn into a “distortive subsidy battle” as the government set out its plan to boost key sectors and nurture a “globally competitive” battery supply chain…