Mike Lynch's superyacht set to be brought to town where prosecutors are based
Inquest proceedings in the UK are looking at the deaths of Mr Lynch and his daughter, as well as Morgan Stanley International bank chairman Jonathan Bloomer, 70, and his wife, Judy Bloomer, 71, who were all British nationals.
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Powys County Times
an hour ago
- Powys County Times
Starmer puts skills training at heart of industrial strategy plan
Sir Keir Starmer will set out his industrial strategy on Monday as he seeks to kickstart the stuttering economy and reduce the UK's reliance on foreign workers. The decade-long plan for 'national renewal' will include £275 million in skills investment to train Britons to do jobs in growth industries which might otherwise require imported labour. The strategy will include specific funding to train people for work in defence, engineering, digital and construction roles. Business Secretary Jonathan Reynolds said the strategy 'will help transform our skills system to end the overreliance on foreign labour and ensure British workers can secure good, well-paid jobs in the industries of tomorrow and drive growth and investment right across the country'. Monday's industrial strategy will be followed later in the week by a new trade plan intended to make the UK the best-connected country in the world to do business. The Prime Minister will launch the industrial strategy hoping it will help in his mission of delivering economic growth. The economy shrank by 0.3% in April, the biggest monthly contraction in gross domestic product for a year-and-a-half, as businesses felt the impact of global uncertainty caused by Donald Trump's tariffs and domestic pressure as a result of hikes to firms' national insurance contributions. Around one-in-seven young people are not in education or employment, and the number of people taking an apprenticeship has fallen by almost a fifth between 2016/17 and 2023/24. The Government hopes the growth sectors identified in the industrial strategy will create 1.1 million new jobs by 2035. The skills package includes capital investment from a £200 million fund which will support new facilities including 'technical excellence colleges' providing specialised training for local industries. The total funding is expected to train thousands more workers by 2029 including computer programmers, IT technicians, electrical and civil engineers. Education Secretary Bridget Phillipson said: 'Skills rightly run right through the heart of this industrial strategy because they are key to breaking the link between background and success for young people and delivering prosperity for our country.' Stephen Phipson, the boss of manufacturers' organisation Make UK, welcomed the skills announcement. 'We look forward to working with the Government to fix the skills gap in manufacturing, which has been the sector's Achilles' heel for decades,' he said. Other elements of the plan are expected to include measures to help cut energy costs for industries which have complained they are being forced to compete with rivals overseas who face lower bills. Meanwhile some £380 million will be spent on a range of projects intended to double private investment in the creative industries. Shadow business secretary Andrew Griffith welcomed the investment in skills but said 'the Government are stepping on the accelerator and the brake at the same time' by hiking national insurance for firms and introducing extra employment rights which could increase costs. 'This inherent contradiction cannot make for a feasible or serious strategy, and will hold the Government to account for it,' he said.
South Wales Guardian
2 hours ago
- South Wales Guardian
Starmer puts skills training at heart of industrial strategy plan
The decade-long plan for 'national renewal' will include £275 million in skills investment to train Britons to do jobs in growth industries which might otherwise require imported labour. The strategy will include specific funding to train people for work in defence, engineering, digital and construction roles. Business Secretary Jonathan Reynolds said the strategy 'will help transform our skills system to end the overreliance on foreign labour and ensure British workers can secure good, well-paid jobs in the industries of tomorrow and drive growth and investment right across the country'. Monday's industrial strategy will be followed later in the week by a new trade plan intended to make the UK the best-connected country in the world to do business. The Prime Minister will launch the industrial strategy hoping it will help in his mission of delivering economic growth. The economy shrank by 0.3% in April, the biggest monthly contraction in gross domestic product for a year-and-a-half, as businesses felt the impact of global uncertainty caused by Donald Trump's tariffs and domestic pressure as a result of hikes to firms' national insurance contributions. Around one-in-seven young people are not in education or employment, and the number of people taking an apprenticeship has fallen by almost a fifth between 2016/17 and 2023/24. The Government hopes the growth sectors identified in the industrial strategy will create 1.1 million new jobs by 2035. The skills package includes capital investment from a £200 million fund which will support new facilities including 'technical excellence colleges' providing specialised training for local industries. The total funding is expected to train thousands more workers by 2029 including computer programmers, IT technicians, electrical and civil engineers. Education Secretary Bridget Phillipson said: 'Skills rightly run right through the heart of this industrial strategy because they are key to breaking the link between background and success for young people and delivering prosperity for our country.' Stephen Phipson, the boss of manufacturers' organisation Make UK, welcomed the skills announcement. 'We look forward to working with the Government to fix the skills gap in manufacturing, which has been the sector's Achilles' heel for decades,' he said. Other elements of the plan are expected to include measures to help cut energy costs for industries which have complained they are being forced to compete with rivals overseas who face lower bills. Meanwhile some £380 million will be spent on a range of projects intended to double private investment in the creative industries. Shadow business secretary Andrew Griffith welcomed the investment in skills but said 'the Government are stepping on the accelerator and the brake at the same time' by hiking national insurance for firms and introducing extra employment rights which could increase costs. 'This inherent contradiction cannot make for a feasible or serious strategy, and will hold the Government to account for it,' he said.
North Wales Chronicle
2 hours ago
- North Wales Chronicle
Mike Lynch's superyacht set to be brought to town where prosecutors are based
Seven people died when the Bayesian sank off Sicily on August 19 including billionaire Mr Lynch, 59, and his daughter Hannah, 18. Salvage crews spent Saturday raising the 56-metre (184ft) yacht above the water using one of Europe's most powerful sea cranes near the fishing town of Porticello. They said that on Sunday the vessel will be taken to Termini Imerese, a town around 20km away, where prosecutors investigating the sinking are based. Italian prosecutors previously said raising and examining the yacht for evidence would provide key information for its investigation into possible charges of manslaughter and negligent shipwreck. The vessel was originally expected to be raised last month but salvage efforts were delayed after a diver died during underwater work on May 9, prompting greater use of remote-controlled equipment. About 70 specialist personnel had been mobilised to Porticello from across Europe to work on the recovery operation, which began last month. Inquest proceedings in the UK are looking at the deaths of Mr Lynch and his daughter, as well as Morgan Stanley International bank chairman Jonathan Bloomer, 70, and his wife, Judy Bloomer, 71, who were all British nationals. Fifteen people, including Mr Lynch's wife, Angela Bacares, were rescued. Mr Lynch and his daughter were said to have lived in the vicinity of London and the Bloomers lived in Sevenoaks, Kent.
