The Department for Energy Security and Net Zero (DESNZ) will create a "pipeline" of projects meeting readiness criteria, offering a "concierge-style" service to help the developers navigate UK planning, regulations, and secure private investment. DESNZ says emerging nuclear technologies like small modular reactors (SMRs) can be prefabricated in factories, enabling faster, cheaper assembly using skilled jobs across multiple regions. These reactors can provide clean energy to the grid or directly to industrial users, it claims.
Twelve months after Labour's 50-point plan of action to stimulate the UK's artificial intelligence (AI)-enabled economy, a new report shows billions of pounds are being invested in UK AI startups. The AI Index report from the Startup Coalition, sponsored by Coreweave, analysed funding of the UK's top 1,000 firms according to the amount of private capital they have raised, in collaboration with data provider Beauhurst.
The deal, via Collegiate Athletic Solutions, known as CAS, follows failed talks earlier in the year for a direct investment into the Big 12, and would mark the first major conference-wide capital deal in major US college sports. The partnership would offer the 16 member universities a line of credit of roughly $30 million each and is close to being finalized, the person added, asking not to be named discussing private information.
"The acquisition of Galway Bay FM represents an exciting addition to Bay's growing radio portfolio and aligns with our strategy of investing in high-quality media assets. It has been the voice of Galway for over three decades, and with the support of Bay's experienced management team, we see a clear opportunity to strengthen its commercial performance, broaden its reach and move Bay into the position of being the second largest commercial radio group in Ireland."
The museum will occupy the former Comèdia cinema, an ornate building in the Eixample district facing onto the Passeig de Gràcia, one of Barcelona's busiest thoroughfares. Originally constructed as a residence, it was transformed into a theatre in the 1930s and became home to the Comèdia in 1960. Long a well-known landmark, the cinema shut last year after years of declining ticket sales.
The move is expected to generate thousands of jobs and strengthen Britain's energy security. It is expected to be signed off during US President Donald Trump's state visit this week, with both sides hoping it will unlock billions in private investment. Prime Minister Sir Keir Starmer said the two nations were "building a golden age of nuclear" that would put them at the "forefront of global innovation".
Funded entirely by private investment and backed by the government of Gibraltar, the Pelagos Data Centres Project represents a transformative step for the territory's digital and economic landscape. It will also make an important contribution to meeting Europe's demand for datacentre capacity, positioning Gibraltar as a significant new node in Europe's digital infrastructure that can serve the broader needs of the UK and continental Europe.
"It is a historic step that reinforces our nation's autonomy in access to space and assigns us a strategic responsibility towards Europe," said Avio CEO Giulio Ranzo. "We are ready to meet this challenge with determination, and we are investing in technologies, expertise, and infrastructure to ensure a competitive service."
