NewzIntel.com

Category: European Union

  • MIL-OSI United Kingdom: York supports children with Special Educational Needs and Disabilities

    Source: City of York

    City of York Council has unveiled a new draft strategy to support children and young people with Special Educational Needs and Disabilities (SEND) and their families in York.

    Young people, parents and carers, schools and health and childcare professionals are being invited to share their views on the draft strategy over the next few months.

    The five-year strategy, entitled Inclusion and Belonging, sets out to help every child and family in York feel that they belong at school, in their community, and in the wider city.

    The strategy has been developed through extensive co-production with young people with SEND and their families. It outlines ten key priorities including:

    • ensuring that the voice and visibility of children and young people is most important
    • ensuring that children and young people’s needs are identified at the earliest opportunity
    • making sure that the right support is available at the right time

    Cllr Bob Webb, the council’s Executive Member for Children, Young People and Education, said:

    We want all children and young people to feel that they belong in our city. Their views, together with those of their families, carers, and childcare and health professionals, are essential.

    “We want to hear people’s experiences, ideas, and concerns so we can create a final strategy that reflects real lives and needs; one which helps make a significant different to the lives of local children and young people with SEND and their families.”

    You can have your say in various ways:

    • In person: At the Gateway Centre in Acomb on Tuesday 15 July 11-1pm and Monday 21 July 5-7pm
    • Complete an online survey: www.york.gov.uk/consultations
    • Complete a paper survey: Available from Customer Services at West Offices

    For more information visit www.york.gov.uk/consultations.

    City of York Council is also inviting schools, parents, carers, and young people to share their views on the development of York’s Autism and ADHD Strategy as this work is closely linked to York’s Inclusion and Belonging Strategy. 

    Inclusion means recognising and valuing all kinds of diversity, including neurodiversity. For children and young people with autism or ADHD, feeling understood, supported, and included at school and in the community is key to a sense of belonging.

    You can have your say on the draft Autism and ADHD Strategy at the same events as for the SEND strategy, or complete the online survey at www.york.gov.uk/consultations

    The survey will run from Tuesday 15 July until Sunday 7 September.  Feedback will be used to shape the final strategy.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Green letter day as Manchester’s parks and cemeteries get international stamp of approval

    Source: City of Manchester

    Seven parks and cemeteries across Manchester are celebrating this week having found out their Green Flag status has been secured once more.

    The Green Flag Awards mark the pinnacle of achievement for green spaces in the UK.  

    Setting the international benchmark for excellence, the awards look to celebrate places where people feel safe and welcome, where biodiversity is protected and enhanced and where members of the local community can feel their needs are being met. 

    Manchester City Council is proud to announce the following locations have retained their Green Flag Status: 

    • Alexandra Park 
    • Heaton Park 
    • The Southern Cemetery 
    • Manchester General Cemetery 
    • Blackley Cemetery 
    • Philips Park Cemetery 
    • Gorton Cemetery 

    These awards shed light on the range of groups, volunteers and staff which devote themselves year-round to the maintenance and upkeep of these areas. 

    From keeping our cemeteries pristine and peaceful places where families can pay their respects, to ensuring that our parks can act as oases in the midst of our urban environment, we are incredibly proud to share this achievement with the communities that make these places special. 

    In the past year alone we have seen Manchester Southern Cemetery be designated a as local nature reserve, recognising the important role it plays in its local ecosystem. 

    Heaton Park is firmly on the map as one of the leading event spaces in the UK, hosting millions of people every year who come to get a taste of Manchester’s musical culture, as well as enjoying the acres of green space that it’s a pleasure to get lost in. 

    With an estimated 3.2m people visiting Heaton Park alone over the past year, it is safe to say that a huge value is placed on maintaining a range of green space throughout the city. 

    We are also working to ensure our neighbourhoods are cleaner and greener which is why the Council was incredibly pleased to open a cycleway – 32 miles in length – which links Manchester and Salford in a near contiguous loop. 

    Councillor Lee-Ann Igbon, Executive Member for Vibrant Neighbourhoods, said: “I am so proud of everyone whose work led to our retention of this prestigious award. 

    “Parks and cemeteries play a hugely significant role in the ebb and flow of our daily lives and I am so pleased to see our colleagues and stakeholders rewarded in this way. 

    “Whether it is the friends-of groups which play an important role in the running of Alexnadra Park, to the business owners that help people enjoy our green spaces, to our partners who help us put on events and attractions all year round, these Green Flags are something everyone should be proud of.” 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Local business owner prosecuted over incorrect allergen advice

    Source: City of Derby

    A Derby small business owner has narrowly escaped a custodial sentence for serving products containing nuts to a customer with a severe nut allergy.

    Derby City Council Trading Standards have successfully prosecuted Samantha Brauner, the owner of Small’s Kitchen, after the customer suffered an allergic reaction triggered by eating the product. In May 2024, Small’s Kitchen fulfilled an online order of protein balls. 

    The customer asked whether the products contained nuts on several occasions, with Ms Brauner stating they did not.

    The case was heard at Southern Derbyshire Magistrates Court on Monday 30 June, where Samantha Brauner pleaded guilty to one charge of supplying unsafe food with undeclared allergens and one charge of selling food which was not of the nature, substance, or quality demanded by the purchaser.

    Ms Brauner narrowly escaped a custodial sentence due to her early guilty plea. She was fined £1920 and ordered to pay a victim surcharge of £768.

    The Magistrates acknowledged the severity of the offences brought before them, highlighting the well documented consequences of neglecting allergen management responsibilities.

    Councillor Shiraz Khan, Cabinet Member for Housing, Property, and Regulatory Services, said: 

    This is a situation that could have had disastrous consequences, which were fortunately avoided.

    Our Trading Standards team in securing this prosecution, which serves as a reminder to other businesses that they need to take their allergen management responsibilities seriously.

    We will continue to act in the best interests of the people of Derby, who should be able to have confidence in the products they are buying, particularly from local traders.

    Should any Derby City based business require allergen management advice, they can contact Trading Standards via the Citizens Advice and Consumer Service helpline.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Joint letter from Ofqual and UCAS to students, summer 2025

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Joint letter from Ofqual and UCAS to students, summer 2025

    A letter to students, explaining how exam marking and grade boundaries work, what to do if results aren’t what you expected and how to prepare for results day.

    Applies to England

    Documents

    Joint letter from Ofqual and UCAS to students, summer 2025 (accessible)

    Ref: Ofqual/25/7237

    HTML

    Details

    What you need to know at a glance: 

    • The tried and tested process for marking and grading continues – the standard of work needed to achieve any particular grade is the same each year.
    • Your grade will be determined by your performance in your exams and assessments.
    • Most people get their first university choice, your UCAS ‘firm choice’. If you don’t, or you change your mind, there are plenty of options available, with around 28,000 courses in Clearing offering you choice and flexibility.

    Updates to this page

    Published 16 July 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UK House Price Index for May 2025

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK House Price Index for May 2025

    The UK HPI shows house price changes for England, Scotland, Wales and Northern Ireland.

    Boris Stroujko/Shutterstock.com

    The May data shows:

    • on average, house prices have risen 1.1% since April 2025
    • there has been an annual price rise of 3.9% which makes the average property in the UK valued at £269,000

    England

    In England the May data shows, on average, house prices rose by 1.3% since April 2025. The annual price rise of 3.4% takes the average property value to £290,000.

    • Yorkshire and the Humber  experienced the most significant monthly increase with a movement of 2.4%
    • London saw the biggest monthly price fall, with a reduction of -1.4%
    • The North East experienced the greatest annual price rise, up by 6.3%
    • The South West saw the lowest annual price growth, with a rise of 1.9%

    The regional data for England indicates that:

    Price change by region for England

    Region Average price May 2025 Annual change % since May 2024 Monthly change % since Apr 2025
    East Midlands £242,000 5 1.9
    East of England £340,000 4.2 2
    London £566,000 2.2 -1.4
    North East £159,000 6.3 2.2
    North West £209,000 3.3 2
    South East £381,000 2.1 0.4
    South West £304,000 1.9 1.5
    West Midlands £244,000 3.5 2.2
    Yorkshire and the Humber £204,000 5.1 2.4

    Repossession sales by volume for England

    The lowest number of repossession sales in March 2025 was in the East of England.

    The highest number of repossession sales in March 2025 was in the North East and North West.

    Repossession sales March 2025
    East Midlands 5
    East of England 2
    London 12
    North East 20
    North West 20
    South East 17
    South West 6
    West Midlands 6
    Yorkshire and the Humber 8
    England 96

    Average price by property type for England

    Property type May 2025 May  2024 Difference %
    Detached £473,000 £451,000 4.8
    Semi-detached £285,000 £273,000 4.3
    Terraced £239,000 £232,000 3.1
    Flat/maisonette £226,000 £225,000 0.7
    All £290,000 £281,000 3.4

    Funding and buyer status for England

    Transaction type Average price May 2025 Annual price change % since May 2024 Monthly price change % since April 2025
    Cash £276,000 2.5 1.4
    Mortgage £296,000 3.8 1.3
    First-time buyer £243,000 3.2 1.6
    Former owner occupier £353,000 3.6 1

    Building status for England

    Building status* Average price March 2025 Annual price change % since March 2024 Monthly price change % since February 2025
    New build £463,000 31.6 3.2
    Existing resold property £290,000 5.8 1.4

    *Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

    London

    London shows, on average, house prices decreased by 1.4% since April 2025. House prices have shown an annual price increase of 2.2% meaning the average price of a property is £566,000.

    Average price by property type for London

    Property type May 2025 May 2024 Difference %
    Detached £1,156,000 £1,106,000 4.5
    Semi-detached £716,000 £682,000 5
    Terraced £633,000 £615,000 3
    Flat/maisonette £453,000 £451,000 0.6
    All £566,000 £554,000 2.2

    Funding and buyer status for London

    Transaction type Average price May 2025 Annual price change % since May 2024 Monthly price change % since April 2025
    Cash £614,000 2.3 -1.9
    Mortgage £555,000 2.1 -1.2
    First-time buyer £483,000 1.5 -0.8
    Former owner occupier £708,000 3.3 -2.3

    Building status for London

    Building status* Average price March 2025 Annual price change % since March 2024 Monthly price change % since February 2025
    New build £620,000 23.8 3.3
    Existing resold property £552,000 0.4 -1.2

    *Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

    Wales

     Wales shows, on average, house prices rose by 0.5% since April 2025. An annual price increase of 5.1% takes the average property value to £210,000.

    There were 5 repossession sales for Wales in March 2025.

    Average price by property type for Wales

    Property type May 2025 May 2024 Difference %
    Detached £330,000 £312,000 5.7
    Semi-detached £209,000 £198,000 5.7
    Terraced £166,000 £158,000 5
    Flat/maisonette £130,000 £128,000 1.9
    All £210,000 £199,000 5.1

    Funding and buyer status for Wales

    Transaction type Average price May 2025% Annual price change % since May 2024 Monthly price change % since April 2025
    Cash £208,000 4.2 0.9
    Mortgage £210,000 5.6 0.3
    First-time buyer £180,000 5.3 0.5
    Former owner occupier £251,000 5 0.4

    Building status for Wales

    Building status* Average price March 2025 Annual price change % since March 2024 Monthly price change % since February 2025
    New build £385,000 26.5 1.4
    Existing resold property £206,000 3.4 1

    *Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

    UK house prices

    UK house prices rose by 3.9% in the year to May 2025, up from the revised estimate of 3.6% in the 12 months to April 2025. On a non-seasonally adjusted basis, average house prices in the UK increased by 1.1% between April 2025 and May 2025, compared with a increase 0.8% from the same period 12 months ago (April 24 and May 2024).

    The UK Property Transactions Statistics showed that in May 2025, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 81,000. This is 11.8% lower than a year ago (May 2025). Between April 2025 and May 2025, UK transactions decreased by 25.1% on a seasonally adjusted basis.

    House price monthly increase was highest in Yorkshire and the Humber where prices increased by 2.4% in the year to May 2025. The highest annual growth was in the the North East, where prices increased by 6.3% in the year to May 2025.

    See the economic statement.

    The UK HPI is based on completed housing transactions. Typically, a house purchase can take 6 to 8 weeks to reach completion. As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data.

    Access the full UK HPI

    Background

    1. We publish the UK House Price Index (HPI) on the second or third Wednesday of each month with Northern Ireland figures updated quarterly. We will publish the June 2025 UK HPI at 9:30am on Wednesday 20 August 2025. See calendar of release dates.
    2. We have made some changes to improve the accuracy of the UK HPI. We are not publishing average price and percentage change for new builds and existing resold property as done previously because there are not currently enough new build transactions to provide a reliable result. This means that in this month’s UK HPI reports, new builds and existing resold property are reported in line with the sales volumes currently available.
    3. The UK HPI revision period has been extended to 13 months, following a review of the revision policy (see calculating the UK HPI section 4.4). This ensures the data used is more comprehensive.
    4. Sales volume data is available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions that require us to create a new register, such as new builds, are more complex and require more time to process. Read revisions to the UK HPI data.
    5. Revision tables are available for England and Wales within the downloadable data in CSV format. See about the UK HPI for more information.
    6. HM Land Registry, Registers of Scotland, Land & Property Services/Northern Ireland Statistics and Research Agency and the Valuation Office Agency supply data for the UK HPI.
    7. The Office for National Statistics (ONS) and Land & Property Services/Northern Ireland Statistics and Research Agency calculate the UK HPI. It applies a hedonic regression model that uses the various sources of data on property price, including HM Land Registry’s Price Paid Dataset, and attributes to produce estimates of the change in house prices each month. Find out more about the methodology used from the ONS and Northern Ireland Statistics & Research Agency.
    8. We take the UK Property Transaction statistics  from the HM Revenue and Customs (HMRC) monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. The number of property transactions in the UK is highly seasonal, with more activity in the summer months and less in the winter. This regular annual pattern can sometimes mask the underlying movements and trends in the data series. HMRC presents the UK aggregate transaction figures on a seasonally adjusted basis. We make adjustments for both the time of year and the construction of the calendar, including corrections for the position of Easter and the number of trading days in a particular month.
    9. UK HPI seasonally adjusted series are calculated at regional and national levels only. See data tables.
    10. The first estimate for new build average price (April 2016 report) was based on a small sample which can cause volatility. A three-month moving average has been applied to the latest estimate to remove some of this volatility.
    11. The UK HPI reflects the final transaction price for sales of residential property. Using the geometric mean, it covers purchases at market value for owner-occupation and buy-to-let, excluding those purchases not at market value (such as re-mortgages), where the ‘price’ represents a valuation.
    12. HM Land Registry provides information on residential property transactions for England and Wales, collected as part of the official registration process for properties that are sold for full market value.
    13. The HM Land Registry dataset contains the sale price of the property, the date when the sale was completed, full address details, the type of property (detached, semi-detached, terraced or flat), if it is a newly built property or an established residential building and a variable to indicate if the property has been purchased as a financed transaction (using a mortgage) or as a non-financed transaction (cash purchase).
    14. Repossession sales data is based on the number of transactions lodged with HM Land Registry by lenders exercising their power of sale.
    15. For England, we show repossession sales volume recorded by government office region. For Wales, we provide repossession sales volume for the number of repossession sales.
    16. Repossession sales data is available from April 2016 in CSV format. Find out more information about repossession sales.
    17. We publish CSV files of the raw and cleansed aggregated data every month for England, Scotland and Wales. We publish Northern Ireland data on a quarterly basis. They are available for free use and re-use under the Open Government Licence.
    18. HM Land Registry is a government department created in 1862. Its vision is: “A world-leading property market as part of a thriving economy and a sustainable future.”
    19. HM Land Registry’s purpose is: “We protect your land ownership and provide services and data that underpin an efficient and informed property market.”
    20. HM Land Registry safeguards land and property ownership valued at £8 trillion, enabling over £1 trillion worth of personal and commercial lending to be secured against property across England and Wales. The Land Register contains more than 26.5 million titles showing evidence of ownership for more than 89% of the land mass of England and Wales.
    21. For further information about HM Land Registry visit www.gov.uk/land-registry.
    22. Follow us on @HMLandRegistry, our blog, LinkedIn and Facebook

    Contact

    Press Office

    Trafalgar House
    1 Bedford Park
    Croydon
    CR0 2AQ

    Email HMLRPressOffice@landregistry.gov.uk

    Phone (Monday to Friday 8:30am to 5:30pm) 0300 006 3365

    Mobile (5:30pm to 8:30am weekdays, all weekend and public holidays) 07864 689 344

    Updates to this page

    Published 16 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: RSH takes enforcement action against Easy Housing Association

    Source: United Kingdom – Executive Government & Departments

    Press release

    RSH takes enforcement action against Easy Housing Association

    The Regulator of Social Housing has published an enforcement notice for Easy Housing Association

    The Regulator of Social Housing (RSH) has published an enforcement notice  for Easy Housing Association (EHA), as well as making three appointments to its board and requiring EHA to appoint a manager.

    EHA, a Birmingham-based landlord providing supported housing through leases, has failed to demonstrate that it is managing its affairs appropriately with the necessary skills and expertise.   

    RSH has engaged intensively with EHA since the regulatory notice in March 2023 which set out findings that EHA was not delivering the outcomes of the Governance and Financial Viability Standard and the Rent Standard. EHA has however been unable or unwilling to make the needed improvements.    

    The combination of enforcement actions and interventions are aimed at improving EHA’s capacity and capability to address its failures.   

    The new appointees are: 

    • Nicole Seymour – Executive Director – Corporate Services (Sanctuary Group) 

    • Sayeed Haris – Executive Director of Property Services (Midland Heart)  

    • Waseem Butt – Director of Building Safety (Midland Heart) 

    EHA is required to commission an independent review and to appoint a manger to ensure a credible and comprehensive action plan is developed and that capacity is in place for its delivery. 

    Jonathan Walters, Deputy Chief Executive of RSH, said:  

    “When landlords cannot or will not resolve issues on their own, we will use our enforcement powers when necessary to make sure things are put right to protect tenants and their homes. 

    “In this case, EHA has persistently failed to address serious failings and we are taking enforcement action as a result.” 

    Notes to Editors 

    1. A registered provider is responsible for ensuring that it manages itself effectively, achieves the standards set by the regulator, and engages positively with the regulator’s regulatory framework. Where a failure against a standard or other problem has been identified, the regulator expects providers to respond in a prompt and effective manner. It may be necessary for the regulator to step in and exercise its powers under the Housing and Regeneration Act 2008 as amended (the Act) when a provider fails to do so.  The regulator has published guidance on how the regulator uses and intends to use its statutory regulatory and enforcement powers.

    2. Sections 219 to 225 of the Act allow the regulator to require a registered provider to take specified action to resolve a specified failure or other problem.  Sections 251 to 252 of the Act allow the regulator to require a registered provider to appoint a manager to manage the entirety of their affairs relating to social housing or specific aspects of social housing. Section 269 of the Act enables the regulator to appoint one or more persons as an officer of a private registered provider.  

    3. RSH has previously set out its concerns about the long-term viability of the lease-based model, most recently in a report in April 2025.

    Updates to this page

    Published 16 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Portsmouth’s Victoria Park awarded coveted Green Flag Award and officially recognised as one of the country’s best parks

    Source: City of Portsmouth

    Portsmouth’s ‘People’s Park’ has been granted a Green Flag Award, making it officially one of the best parks in the UK.

    And that’s not all – three other popular areas of Portsmouth – Southsea Rock Garden, Milton Park in Southsea, and Baffins Pond – have also retained a Green Flag status – the international mark of quality for parks and green spaces in the UK.

    Portsmouth’s historic Victoria Park has recently had a £2.9m refurbishment, carried out by Portsmouth City Council and funded by The National Lottery Heritage Fund.

    Council Leader Cllr Steve Pitt said:

    “A huge amount of work has gone into reinvigorating Victoria Park into Portsmouth’s ‘People’s Park’, so it can continue to be enjoyed by families and people of all ages for years to come.

    “Green Flag status is the benchmark for parks and green spaces in UK, so this award is recognition of the hard work to create a park where people and nature come together in harmony. Retaining the award in our other areas also underlines our commitment to maintaining the highest standard of outdoor spaces for our residents.”

    Victoria Park was first opened in 1878, and in 2021, a four-year project began to revitalise the park. The fountain and memorials were fully restored, a new under-fives play area created, the aviary restored and new community-use building the ‘Green House’ built in the park’s centre.

    Stuart McLeod, Director of England – London & South at The National Lottery Heritage Fund, said:

    “We’re delighted to see Victoria Park receive the prestigious Green Flag Award, recognising it as one of the country’s best-loved green spaces. Thanks to National Lottery players, this historic park has been restored to its former glory while creating new opportunities for the community to connect with nature and heritage in their city.

    “This award is a testament to the dedication of Portsmouth City Council and the local community in making Victoria Park a vibrant, inclusive and sustainable space for generations to come.”

    The four Portsmouth areas are among the 2,250 in the UK to achieve the award.

    Southsea Rock Garden offers a quiet retreat for visitors and rich habitat for wildlife, and the Friends of Southsea Rock Garden volunteers play a vital role in maintaining and improving it.

    Green Flag Award Scheme Manager, Paul Todd MBE, said:

    “Congratulations to everyone involved in Victoria Park who have worked tirelessly to ensure that it achieves the high standards required for the Green Flag Award.

    “Quality parks and green spaces like Victoria Park make the country a heathier place to live and work in, and a stronger place in which to invest.

    “Crucially, Victoria Park is a vital green space for communities in Portsmouth to enjoy nature, and during the ongoing cost of living crisis it is a free and safe space for families to socialise. It also provides important opportunities for local people and visitors to reap the physical and mental health benefits of green space.”

    The Green Flag Award scheme, managed by environmental charity Keep Britain Tidy under licence from the Ministry of Housing, Communities & Local Government, recognises and rewards well-managed parks and green spaces, setting the benchmark standard for the management of green spaces across the United Kingdom and around the world.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Creative and AI sectors kick-off next steps in finding solutions to AI and copyright

    Source: United Kingdom – Government Statements

    Press release

    Creative and AI sectors kick-off next steps in finding solutions to AI and copyright

    Representatives of both sectors in newly formed expert working groups on AI and copyright.

    • Representatives of the creative industries and the AI sector to make up newly formed expert working groups on AI and copyright as part of Plan for Change. 
    • Groups will play a vital role in helping to drive forward practical, workable solutions. 
    • Expert groups launch today, as the Technology and Culture Secretaries Chair first round of talks in London. 

    The Technology and Culture Secretaries kickstart the next phase of work today (Wednesday 16 July) to help deliver a solution which will support AI innovation while ensuring robust protection for our creators and vibrant creative industries as part of the Plan for Change. 

    A consultation on the UK’s legal framework for copyright which explores how the government can deliver solutions supporting both the creative industries and the AI sector was launched in December last year, attracting 11,500 responses. Close collaboration on the issues raised across the debate has been central to the government’s approach – ensuring both sectors not only have the support they need to drive further growth, but that the British public can share in the successes of 2 sectors which are crucial to the Modern Industrial Strategy.

    Representatives of both the AI sector and creative industries have engaged widely with Ministers throughout the consultation process, and the formal launch of new, expert working groups will continue to ensure both sectors play a vital role in supporting the work which will drive forward practical, workable solutions to foster innovation and growth.

    Representatives of the creative and AI sectors will now gather in London in the first of a series of regular planned meetings, with the groups made up of key industry figures. They include representatives of:

    • News Media Association
    • Alliance for IP
    • Sony Music Entertainment
    • Publishers Association
    • The Guardian
    • Open AI
    • Amazon
    • Meta

    Today’s discussions mark the first in a series of planned talks, and will initially focus on the impacts, opportunities, and common ground in the AI and copyright debate, with their work then helping to inform next steps following the conclusion of the government’s consultation.

    Secretary of State for Science, Innovation, and Technology, Peter Kyle said: 

    I am determined to harness expert insights from across the debate as we work together to deliver a solution that brings the legal clarity our creative industries and AI sector badly need in the digital age.

    Today’s meeting and the formation of these expert working groups will continue to ensure all voices can be heard so we can reset and refocus on how we can deliver precisely that.

    The work we’ll be taking forward in the coming months will ensure we can work in partnership to deliver a fresh start for creatives and AI developers alike.

    Culture Secretary Lisa Nandy said: 

    Our world-class creative industries are a key part of our economy which create jobs and drive growth right across the country. These sectors have been recognised as a priority sector by the government and I am fully focused on supporting them to flourish.

    We have heard loud and clear the concerns from the creative industries around AI and copyright and these roundtables will give us another chance to consider the best way forward.

    We have committed to ensuring a copyright regime that values and protects human creativity, can be trusted and unlocks new opportunities for innovation across the creative sector and wider economy.

    Both sectors are a vital part of the government’s modern Industrial Strategy, and the AI and Copyright consultation considered a broad range of issues in the copyright debate, including how right holders can have a better understanding of how AI developers are using their material and how it has been obtained.  

    The consultation also explored how access to high-quality data can be improved for AI developers – bolstering their ability to innovate and drive the growth which underpins the government’s Plan for Change. 

    Today’s talks will also contribute to finalising Terms of Reference for the expert working groups moving forward as they feed into wider discussions with both sectors.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

    Updates to this page

    Published 16 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Since the beginning of 2025, more than 4 thousand China-Europe freight trains have passed through the Alashankou railway checkpoint

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    URUMQI, July 16 (Xinhua) — The number of China-Europe/China-Central Asia international rail freight trains passing through Alashankou Port has exceeded 4,000 since the beginning of 2025 as of July 15, the Urumqi branch of China Railway Urumqi Bureau Group Co., Ltd. said Wednesday.

    Northwest China’s Xinjiang Uyghur Autonomous Region, home to the important land border crossings of Alashankou and Khorgos on the border with Kazakhstan, is actively creating a “golden corridor” on the Eurasian continent and seeking to become a springboard for China’s opening up to the west.

    Since the beginning of this year, railway authorities have reconstructed the aforementioned checkpoints in order to increase their capacity and improve the efficiency of China-Europe/Central Asia freight trains, which has provided effective transport support for the high-quality construction of the Belt and Road.

    At present, 124 China-Europe/China-Central Asia/ international railway freight routes pass through the Alashankou checkpoint, covering 21 countries, including Germany and Poland. They transport more than 200 types of goods, including new energy vehicles, spare parts and components for mechanical equipment. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Security: Man charged with murder following fatal stabbing in 2023

    Source: United Kingdom London Metropolitan Police

    A man has been charged with murder following a fatal stabbing in Wembley in 2023

    Dontae Smicle, 29 (01.03.1996) of Monks Park, Wembley was charged on Tuesday, 15 July with the murder of 25-year-old Hamza Iqbal.

    He was arrested abroad and extradited back to the UK on Tuesday, 15 July. He has been remanded into custody to appear at Westminster Magistrates’ Court on Wednesday, 16 July.

    An investigation was launched after police were called shortly after 23:00hrs on Sunday, 24 September 2023 to reports of a stabbing in Olympic Way, Wembley.

    Officers and London Ambulance Service attended and found Hamza Iqbal with serious injuries. He was taken to hospital but died a short time later.

    A post-mortem examination took place on Wednesday, 27 September 2023 and gave a preliminary cause of death as sharp force trauma to the chest.

    MIL Security OSI –

  • MIL-OSI United Kingdom: Role specification for external panel members of the GDS Responsible AI Advisory Panel

    Source: United Kingdom – Government Statements

    News story

    Role specification for external panel members of the GDS Responsible AI Advisory Panel

    The Government Digital Service (GDS) Responsible AI Advisory Panel is seeking applicants for external panel members.

    The GDS Responsible AI Advisory Panel advise and guide Government Digital Service (GDS) approach to the development of AI across government.

    Role

    The duties of external panel members of the Government Digital Service (GDS) Responsible AI Advisory Panel (the panel) involve, but are not limited to:

    • Providing technical and cross-disciplinary expertise relevant to the responsible development of AI to GDS through the work of the panel
    • Providing strategic advice on how GDS can better deliver responsible AI products
    • Shaping the work programme of the panel to ensure that it best delivers on its objective of providing the best possible advice to GDS on the responsible development of AI
    • Ensuring that the work of GDS is appropriately informed by the latest evidence, standards and best practice across the AI sector
    • Scrutinising individual AI products across government, and providing advice on how these products can best be responsibly delivered

    Expertise

    External panel members should have:

    • an interest in the challenges and opportunities posed by AI in the public sector

    • leading expertise in one or more of the following areas:

      • data ethics, AI ethics or responsible innovation
      • AI and data science, from a commercial, academic or civil society perspective
      • Tech policy and regulation
      • International perspectives of AI use
      • Workforce impacts of AI
    • an ability to think strategically and exercise sound judgment strong communication, influencing and persuading skills
    • an ability to work constructively with fellow board members and wider stakeholders

    Time commitment and expectations

    • The panel will convene for an initial one year from its initial meeting. External panel members will be appointed for a one year term, with the possibility for this term to be extended
    • The panel will meet for full meetings at a minimum of once a quarter
    • Panel members are direct ministerial appointments, subject to due diligence checks and baseline personnel security standard (BPSS) checks
    • Panel members are able to access departmental material at no higher classification than Official-Sensitive
    • Panel members will be expected to follow the Seven Principles of Public Life and are required to adhere to the Code of Conduct for Board Members of Public Bodies
    • Panel members will be expected to provide the equivalent of 1-2 hours per month on the work of the panel
    • Panel members will not receive remuneration for their work on the panel

    Apply

    Apply to be external panel member to the GDS Responsible AI Advisory Panel.

    Updates to this page

    Published 16 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Life Sciences Sector Plan to grow economy and transform NHS

    Source: United Kingdom – Executive Government & Departments

    Press release

    Life Sciences Sector Plan to grow economy and transform NHS

    The government has today (Wednesday 16 July) launched a bold new Life Sciences Sector Plan as part of the government’s flagship Industrial Strategy.

    The government has today (Wednesday 16 July) launched a bold new Life Sciences Sector Plan as part of the government’s flagship Industrial Strategy, setting out a ten-year mission to harness British science and innovation to deliver long-term economic growth and a stronger, prevention-focused NHS.

    The UK is already a global leader in life sciences, with the sector worth around £100 billion to the economy, and employing around 300,000 people. This plan, developed in close coordination with the government’s 10 Year Health Plan, doubles down on that strength – turning cutting-edge research into real-world results: new treatments, faster diagnoses, and more lives saved. It’s about making sure breakthroughs happen here – and stay here – creating jobs, improving lives in every part of the country, and driving growth.

    Life sciences’ critical importance to both driving economic growth and improving our health – 2 of the core elements of the Plan for Change – has been shown through the government’s action to date to support the sector. The Chancellor re-committed up to £520 million for the Life Sciences Innovative Manufacturing Fund at the Spending Review to pull investment into the UK, and red tape is being slashed to speed up clinical trials, while an up to £600 million investment will deliver a Health Data Research Service that will be unmatched globally – bringing the power of data to bear to unlock breakthroughs in the diagnosis and treatment of diseases.

    The plan sets out a comprehensive roadmap built around 3 core pillars:

    1. Enabling World-Class R&D – strengthening the UK’s leadership in science and discovery
    2. Making the UK an outstanding place to start, scale and invest – growing homegrown companies and attracting global capital
    3. Driving Health Innovation and NHS Reform – delivering better outcomes for patients and a more modern, preventative healthcare system

    6 bold actions to kickstart change

    The Life Sciences Sector Plan will be supported over the lifetime of the Spending Review by government funding of over £2 billion, alongside funding from UKRI and NIHR. Actions include:

    1. Unlocking NHS data to find new cures

    Up to £600 million investment to build the world’s most advanced health data system – helping scientists develop better treatments faster.

    2. Speeding up clinical trials

    Cutting red tape so patients can join trials sooner – and get access to life-changing medicines quicker.

    3. Backing British manufacturing

    Up to £520 million to invest in life sciences manufacturing projects – creating high-skilled jobs and making more treatments and medical devices here at home.

    4. Getting new treatments to patients faster

    Making regulation simpler and faster by boosting departmental support for the MHRA with additional investment – so doctors can use safe, effective innovations without delay.

    5. Helping doctors use cutting-edge tech

    A new NHS ‘passport’ to roll out proven tools faster – like AI cancer scanners or wearable devices that detect disease early.

    6. Backing brilliant UK firms to grow

    Helping fast-growing companies raise investment, scale up, and stay in the UK – with at least one major industry partnership secured every year.

    Built for delivery

    This Plan was shaped with input from over 250 organisations including doctors, scientists, NHS leaders and industry experts to ensure it delivers real impact. It builds on the strong foundations of the 10-Year Health Plan, extending its ambition by uniting health and growth interventions into a single, coherent strategy for the Life Sciences sector. Every action has clear goals and named leads. This is a Plan designed to deliver, not in isolation but as a vital part of the government’s broader Plan for Change.

    Early momentum 

    The plan builds on the Chancellor’s commitment to reduce regulatory costs by a quarter, with increased investment in the MHRA to accelerate approvals and improve efficiency. It aims to streamline MedTech market entry through closer coordination between the MHRA and NICE.  

    The government is also focused on strengthening the UK’s clinical research infrastructure by improving trial delivery, expanding patient access, and embedding research more effectively within the NHS. 

    We have already started delivering on key actions, from investing up to £600 million in the Health Data Research Service alongside Wellcome, through to committing over £650 million in Genomics England and up to £354 million in Our Future Health, while the rollout of ‘innovator passports’ will help speed up the adoption of new tech and treatments on the NHS. This is clear evidence of our commitment and confidence in life sciences as a driver of both economic growth and better health outcomes. 

    Why life sciences matter

    • Life Sciences is one of 8 priority sectors in the government’s Industrial Strategy – reflecting the sector’s high growth potential.
    • Life sciences companies employ over 300,000 people, with more than three-quarters of jobs outside London and the Southeast, supporting opportunity in every part of the UK.
    • The sector improves economic productivity by improving health. With long-term illness a major drag on workforce participation, better health leads directly to a stronger, more resilient economy.
    • The Life sciences sector attracts record levels of private investment. In 2023, the UK raised the third highest amount of life sciences equity finance in the world, behind only the US and China.
    • It is a UK export powerhouse -medicines and medical technologies were the UK’s third largest goods export by value in 2024.
    • And it is innovation-intensive, with 17% of all UK business R&D spend is in pharmaceuticals, the highest of any sector.
    • Artificial Intelligence (AI) is also revolutionising the Life Sciences sector across research, diagnostics, treatment, and manufacturing, reshaping how we prevent, treat, and manage disease. The potential economic impact is substantial, with McKinsey Global Institute estimating that AI could generate $60–110 billion annually for the pharmaceutical and medical-product industries alone .

    Chancellor of the Exchequer, Rachel Reeves, said:

    Our world-leading life sciences sector employs hundreds of thousands of people and is a powerhouse for economic growth that puts more money in people’s pockets. Our Plan for Change is ramping up this success story even further.

    The ten-year life sciences plan we have released today as part of our Industrial Strategy will cut red tape and deliver the investment we funded at the Spending Review so it can stay ahead of the curve globally and we can reap the economic rewards for years to come.

    Science and Technology Secretary Peter Kyle said:

    The life sciences sector is one of the crown jewels of the UK economy. It sits at the heart of both our Plan for Change, and our Modern Industrial strategy, as a unique catalyst for both economic prosperity, and better health outcomes for people across the UK.

    Moving in lockstep with industry, academia and our NHS, we will unleash this sector as a force for good and for growth. The suite of measures we’re announcing today will unlock its full potential — attracting global investment, accelerating innovation, and delivering breakthroughs that will make the UK healthier, wealthier, and even more open for business.

    Business Secretary Jonathan Reynolds said:

    We’re committed to making the UK a life sciences superpower, and our modern Industrial Strategy has earmarked it as one of 8 priority sectors so it can double down on our strengths and keep us at the cutting edge of innovation.

    This government is taking the bold action needed to help this £108 billion industry flourish and create new high-skilled, well-paid jobs right across the country, making our Plan for Change a reality.

    Health Secretary Wes Streeting said:

    This Life Sciences Sector Plan represents a pivotal moment in our mission to rebuild the NHS and shift our healthcare system from one that treats illness to one that prevents it.

    By bringing together the brilliance of British science with the power of our NHS, we’re not just improving healthcare outcomes – we’re building a stronger economy and creating jobs across the country.

    The £2 billion investment will help us make the most of our world-leading health data, speed up access to innovative treatments, and transform the experience of patients. This is how we deliver a health service fit for the future – by embracing innovation that saves lives, cuts waiting times, and makes the NHS sustainable for generations to come.

    The plan comes just days on the same day as the fourth “Made in the UK, Sold to the World” Roadshow, a government-led initiative designed to boost SME exports in the Life Sciences sector.

    The roadshow focuses on the 8 sectors highlighted in the modern industrial strategy, forming part of the government’s commitment to supporting high-growth industries with the greatest potential to create jobs, increase productivity, and drive long-term economic growth.

    Support for the Life Sciences Sector Plan

    Professor Sir John Bell, President of the Ellison Institute of Technology and UK Government Life Sciences Champion said: 

    With our world-leading science base, genomics capabilities and industrial heritage, our Life Sciences sector can truly be among the best globally, ensuring the UK is developing and benefiting from the technologies of the future. We must however move past high level ambitions. This plan, with an inbuilt, relentless focus on delivery, provides the vehicle to take us there.

    Deepak Nath, CEO of Smith+Nephew, said:  

    Smith+Nephew welcomes the publication of the government’s Life Sciences Sector Plan and its clear recognition of the critical role that medical technology plays in building a sustainable, high-performing NHS.  

    We are encouraged by the plan’s focus on the full life cycle of medical technologies – from research and development, and manufacturing, through to regulation, evaluation and adoption – and by the continued engagement with industry throughout its development.  We look forward to supporting the plan’s implementation.

    Dr Tony Wood, Chief Scientific Officer, GSK, said: 

    We welcome the government’s Life Sciences Sector Plan – in particular, the reforms to incentivise more UK clinical trials, establish a new Health Data Research Service and create a network of translational labs and clinics to accelerate drug discovery and development. These changes can bring unique competitive advantage to the country and make the UK a leader in future life sciences research.

    Tim Sheppard, SVP & GM, North Europe, IQVIA, said:

    IQVIA welcomes the Life Sciences Sector Plan and its bold ambition to realise  more investment in commercial R&D than any other country in Europe by 2030.

    Human data science and AI technology underpin our global leadership in commercial clinical research, we recognise the potential in the Plan for the Health Data Research Service to be a catalyst in the UK Government’s  commitment to create the  world’s most advanced and secure health data platform, enhancing the UK’s attractiveness for global trials and AI investment.

    The Life Sciences Sector Plan will strengthen IQVIA’s ability to offer its global life sciences sponsors a seamless and efficient development pathway from early phase trials to regulatory approval and enhance patient access to innovative treatments – improving patients’ lives and driving further economic growth in the UK.

    Steve Rotheram, Mayor of the Liverpool City Region, said: 

    The Liverpool City Region has a proud history of innovation and is fast becoming recognised as a powerhouse in health and life sciences – from pioneering infection and disease control to cutting-edge manufacturing.  

    This plan is a welcome step towards unlocking the sector’s full potential, and I’m confident our region will play a central role in delivering that ambition. With our world-leading assets in biomanufacturing, digital health and infectious disease research, we’re already demonstrating how innovation in our region can improve lives, create highly skilled jobs, and attract global investment. Backed by the right partnerships and investment, we can help cement the UK’s place as a global leader in life sciences.

    Lord Ara Darzi, Paul Hamlyn Chair of Surgery, Imperial College London, Consultant Surgeon, Imperial College Healthcare NHS Trust and the Royal Marsden NHS Foundation Trust and Independent Member of the House of Lords said: 

    This plan is a detailed blueprint for implementation. It marks a profound change not just in how we go about enabling discovery but also in the way we deliver it. It sets the United Kingdom up to lead not just in trialling innovation but in making such innovations have real world impact for the benefit for patients, the National Health Service, and economic growth.

    Dr. Vin Diwakar, Clinical Transformation Director at NHS England, said:

    The Life Sciences Sector Plan is a major step forward, accelerating patient access to the latest health innovations through better industry partnerships, solidifying the NHS’s role in economic growth. Through initiatives like the Health Data Research Service and ‘innovator passports,’ we’re unlocking data’s potential for cures and fast-tracking proven health technologies, ultimately transforming patient care and making the NHS fit for the future.

    Peter Ellingworth, Chief Executive of the Association of British HealthTech Industries (ABHI) said:  

    ABHI welcomes the publication of the Life Sciences Sector Plan. Developed with meaningful engagement from the HealthTech industry, it recognises the critical role that HealthTech will play in driving innovation and supporting the NHS to deliver the reforms needed to ensure its long-term sustainability. We are particularly encouraged by the commitments to regulatory reform, investment in research infrastructure, and measures to accelerate the adoption of innovation. To succeed, this strategy must be delivered in genuine partnership with industry and the NHS, and focused on removing the persistent barriers that prevent patients from benefiting from the best technologies. ABHI and our members are committed to playing an active role in translating these ambitions into tangible improvements for patients, the NHS and the economy.

    Paul Tredwell, Executive Vice President of Accord Healthcare said: 

    It is very encouraging to see a Life Sciences Sector Plan which for the first time recognises the immense contribution of the off-patent industry, a sector which provides around 80% of all the UK’s medicines. As one of the largest manufacturers supplying medicines to the NHS, and a company currently applying to the government’s LSIMF scheme, we welcome this Sector Plan as a positive step and look forward to working with government on policies that will support future growth and investment.

    Nicola Perrin MBE, Chief Executive of the Association of Medical Research Charities (AMRC) said: 

    We’re pleased to see life sciences recognised as a priority sector for the UK. This is a triple win for the economy, for the NHS and for patients. It will benefit people across the country and unlock new ways to prevent, diagnose and treat disease. 

    We welcome the positioning of research at the heart of the Life Sciences Sector Plan, from the earliest stages of discovery science and beyond. We also welcome the focus on ensuring that the NHS embraces new discoveries and innovations – these will only have an impact if they get to patients quickly and effectively.  

    It’s reassuring to see a clear focus on implementation and accountability in the plan. This will help to ensure urgent action and real change. Medical research charities must be key delivery partners – they support R&D that focuses on patients, addresses areas of unmet need and accelerates impact.

    Dr Samantha Walker, Director of Research and Innovation at Asthma + Lung UK, says:    

    We are pleased to see the Life Sciences Sector Plan setting out an array of opportunities for action to accelerate the growth of the UK’s respiratory research and innovation sector.   

    There has been too little scientific progress for people living with lung conditions – the third biggest killer in the UK. This plan for investment, with its focus on innovation and access to health data for research, could help drive desperately needed improvements to the diagnosis and treatment of lung disease, which affects 1 in 5 people in the UK.  

    With effective implementation, this plan could lead to research investment that will save lives and significantly reduce the number of preventable A&E visits due to asthma attacks and COPD exacerbations. Furthermore, it has scope to increase the growth of the life sciences sector and will benefit the UK economy by cutting days lost to sickness.

    Louis Taylor CBE, CEO of the British Business Bank, said:  

    In the UK, we are very good at starting high-potential companies and creating breakthrough innovation, but what’s often lacking is the capital to scale these startups. The British Business Bank has been at the heart of growing the UK innovation economy for the last ten years. Today, the Bank is the largest investor in UK venture and venture growth capital funds and the most active late-stage investor in life sciences and deeptech. We welcome today’s Life Sciences Sector Plan and will continue to support the growth of this critical sector.

    Mike Fairbourn, Vice President & General Manager, UK & Ireland for Becton Dickinson said: 

    Becton Dickinson welcomes the UK government’s publication of the Life Sciences Sector Plan. The plan’s focus on accelerating regulatory approvals, streamlining procurement pathways and investing in innovative manufacturing underscores the crucial role of medical technology in driving better health outcomes and economic growth. We strongly support these commitments and stand ready to work hand-in-hand with government, the NHS and regulators to deliver on these ambitions. Together, we can unlock the full potential of the UK’s medical technology industry to bolster the UK life sciences sector and the wider economy, and to benefit patients across the country.

    Dr Daniel Mahony, Chair of the UK BioIndustry Association said:  

    Making the UK an outstanding place in which to start, grow, scale and invest in life science companies is key to driving UK economic growth.  The life science sector plan is right to focus on getting substantially more public and private investment in early-stage companies, improved access to data, trials and skills to help companies grow, and more streamlined regulation and market access pathways to get innovative medicines to NHS patients. We particularly welcome the focus on unlocking pension funds to increase investment in scaling life science companies. In this parliament, the UK has the opportunity to create a truly-world leading life sciences ecosystem that works for start-ups, scale-ups and established global companies alike.

    Dr Kevin Lee, CEO of Bicycle Therapeutics said:  

    Bicycle Therapeutics welcomes the government’s vision to make the UK a Life Sciences superpower as part of its bold and ambitious Industrial Strategy. We support the strategy’s aspiration to accelerate the growth of UK companies by encouraging investment in the sector, simplifying the regulatory environment, and leveraging the UK’s unique healthcare ecosystem to innovate in clinical trial design. At Bicycle, we view this plan as an opportunity to support the advancement of our work to unlock the potential of our Nobel prize-winning science and create new medicines for a wide variety of diseases, starting with cancer. We are excited by the prospect of working in an ever more innovative and productive sector that will see British scientific breakthroughs transform the lives of patients across the globe.

    Professor Sir Rory Collins, Principal Investigator and Chief Executive of UK Biobank, said: 

    The Life Sciences Sector Plan shows how, with long-term thinking, the UK can build on its many world-leading institutions and facilities to deliver a world-class base for science. UK Biobank is living proof of the value of long-term thinking and the impact it can have on life sciences, with projects like our recent decade-long work scanning 100,000 volunteers that is transforming health research and helping the NHS. 

    The UK government continually supports UK Biobank as shown by its £20 million investment for our project to measure proteins in the blood of our half a million volunteers. This investment is helping generate the world’s most comprehensive health data and, by making it so accessible, we’re effectively able to crowdsource the minds of the planet’s greatest experts. That accessibility is why philanthropists and industry from around the world keep amplifying the government’s investment, leading to more data that drives even more research.

    Professor Ugur Sahin, Managing Director, CEO and Co-Founder of BioNTech said:  

    We believe that innovative treatments reach patients faster when sectors collaborate towards a common goal. The renewed Life Sciences Plan reflects this spirit and has the potential to transform medicine through real progress in cancer care and beyond – both in the UK and globally.

    Helen Dent, CEO of British In Vitro Diagnostic Association (BIVDA) said: 

    This plan reflects the government’s understanding of the challenges facing the life sciences industry and their commitment to driving investment, growth, and innovation across the sector. 

    Pledges which reduce the cost and streamline the adoption of diagnostics, MedTech and genomics are hugely welcome, as are measures to introduce low-friction procurement and contracting mechanisms. 

    Ultimately, success will depend upon continued collaboration between government, industry, and the healthcare system to ensure its ambition is matched by delivery. BIVDA looks forward to supporting this process and bolstering the UK’s position as a world-leader in life sciences.

    Hyoungki Kim, CEO and Vice Chairman of Celltrion, said: 

    As a South-Korea based company with a global outlook, we are committed to adapting to the long-term dynamics of the markets we serve. The UK is a key supply destination for us, and we remain committed to supporting the NHS through the increased availability of biosimilar medicines in the coming years. The UK is an important supply destination for us, and we are planning substantial investments to expand our biosimilar medicine supply in the coming years. We therefore welcome the recognition in the life sciences plan that biosimilars are a critical means of delivering value to the NHS and, importantly, expanding patient access. This acknowledgement reinforces our confidence in prioritising the UK as a central focus of our global efforts.

    Massimiliano Collela, Chief Executive Officer of CMR Surgical, said: 

    We are grateful to the government for their support of leading UK Tech and Life Sciences scale-ups like CMR Surgical through the government’s Industrial Strategy, the 10 Year Health Plan and the Life Sciences Sector Plan.  With the government’s support, the UK innovation sector continues to flourish.

    Lars Petersen, President & Chief Executive Officer of FUJIFILM Biotechnologies, said: 

    FUJIFILM Biotechnologies warmly welcomes the UK government doubling down on its commitment to life sciences with this timely and ambitious new Sector Plan. 

    The UK has long been a global powerhouse in life sciences R&D – but what truly excites me about this plan is its potential to supercharge the life sciences ecosystem. By combining world-class discovery, cutting-edge development, and advanced manufacturing under one cohesive vision, the UK is positioning itself to not just lead in innovation but ensure the entire life sciences value chain flourishes. 

    I’m especially pleased to see the critical role of innovative medicines manufacturers, like FUJIFILM Biotechnologies, recognised as essential to the UK’s future growth. This isn’t just about planning; it’s a clear roadmap to unlocking our potential to fuel economic growth, spark groundbreaking innovation, and improve patient outcomes across the board. 

    The government’s pledge of £520 million in grants to expand the UK’s medicines manufacturing sector can also be a game-changer. Remaining globally competitive requires action, and this is exactly the kind of commitment needed to kickstart a new era for the UK’s life sciences. Combined with ongoing private-sector investment and the support of an empowered Life Sciences Sector Council, we’re looking at the foundation of a win-win scenario for government, business, patients, and innovators alike. 

    As one of the UK’s largest investors in innovative medicines manufacturing, FUJIFILM Biotechnologies stands ready to seize this opportunity. We look forward to helping turn this vision into a reality and build a stronger, more sustainable future for life sciences in the UK.

    Richard Stubbs, Chair of the Health Innovation Network said:  

    The UK is now in a race to the top to become a global powerhouse for the life sciences sector. To achieve this, we will need to go further to find, test and implement health innovations at pace and at scale. It is right that place-based innovation capacity and capabilities have been identified in the Life Science Sector Plan as a key enabler for the sector. 

    The Health Innovation Network is proud of the impact that we deliver with our partners in the NHS, academia and industry – from SMEs to multinationals – to improve patient outcomes, release capacity in the NHS to cut waiting lists and to drive economic growth, all priorities that are rightly recognised in this plan. The contribution the life sciences sector has to improve the health and wealth of the country is more evident now than ever. Through working locally with our vibrant life science sector, our health innovators, and our NHS staff we will deliver real change on the ground that has a national impact, and that supports the bold ambitions set out in the Life Sciences Sector Plan.

    Yamin Mohammed Khan, CEO of hVIVO said: 

    We were pleased to establish a working partnership with the Office for Life Sciences in support of their sector plan. The UK has a remarkable and longstanding legacy in life sciences, something which we at hVIVO are proud to be a part of as the world leading provider of human challenge trials. The UK has a proven track record of innovation that continues to thrive. As a global pillar in health research and life sciences, the UK plays a vital role in shaping the future of healthcare and scientific advancement. We’re excited to see how this 10-year plan unfolds, helping the UK maintain its global reputation and further strengthen its leadership in the life sciences sector.

    Mark Robinson, Vice President and General Manager, UK and Ireland, and North Europe at Illumina, said: 

    Illumina strongly supports the UK government’s ambition, outlined in the Life Sciences Sector Plan, for genomics to contribute to half of all healthcare interventions by 2035. The plan’s focus on integrated health data, streamlined clinical trials, and expanded genomic infrastructure aligns with Illumina’s mission to unlock the power of the genome to improve human health for all. Illumina’s longstanding partnerships in the UK have played a key role in advancing our understanding of the genome, and we look forward to continuing these collaborations to support the UK’s leadership in global genomic research and innovation.

    Dr Stella Peace, Interim Executive Chair of Innovate UK said: 

    The Life Science Sector Plan positions innovation as a critical engine with the potential to power breakthroughs, drive economic growth and transform lives. The plan sets out how we will unlock the full potential of UK life sciences by backing the businesses, researchers and technologies shaping the future of healthcare and delivering real societal impact.  Innovate UK look forward to being part of bringing this plan to life.

    David Marante, Vice President UK and Ireland at Intuitive, said: 

    We know how important equity of access to innovation is to improve patient care in the NHS.  For the last 2 decades we’ve worked together with NHS Trusts in England to implement da Vinci robotic-assisted surgery programmes, harnessing our innovations to help enhance patient and care team experience, and reduce waiting lists through increased productivity to ultimately improve patient outcomes. 

    With health innovation as a key pillar of the government’s vision for the UK’s Life Sciences sector, we’re excited to continue supporting NHS care teams to improve equity of access to minimally invasive care with da Vinci RAS, enabling patients to get back to what matters most.

    Mark Samuels, Chief Executive of Medicines UK, said:   

    Generics and biosimilars account for 4 in every 5 NHS prescriptions, making them a cornerstone of patient care and an essential part of the UK’s life sciences ecosystem. We welcome this plan’s recognition of their vital role.   

    The off-patent sector operates in a highly competitive global environment. To maintain supply and attract sustained investment, the UK must offer a policy and operating landscape that is both supportive and internationally attractive.   

    We are encouraged by the strategy’s ambition and clarity – particularly its objective to make the UK a world leader in the adoption of off-patent medicines, with a strong emphasis on biosimilars.

    A thriving off-patent sector delivers access and value for the NHS and forms the foundation for future pharmaceutical innovation and investment. We look forward to working with Government to deliver on this important agenda.

    Lawrence Tallon, Chief Executive of the Medicines and Healthcare products Regulatory Agency, said:  

    I welcome the publication of the Life Sciences Sector Plan and fully support its ambition to make the UK a global leader in life sciences and a country where innovation delivers for everyone. 

    It’s great to see the MHRA is recognised as a pivotal partner in delivering the plan’s vision – by supporting innovation, protecting public health, and making the UK a global destination for innovators to research, develop and launch cutting-edge medical products. 

    Working with our partners across the sector, we will continue to enable safe and effective innovation that benefits patients, the public, and the economy.

    Kit Erlebach, Chairperson of the UK’s Medicines Manufacturing Industry Partnership (MMIP) and Senior Director, Engineering at FUJIFILM Biotechnologies UK said: 

    The UK government’s new Life Sciences Sector Plan signals a clear and ambitious commitment to the future of life sciences in the UK. This plan provides a unique opportunity to build upon our nation’s strengths in research, development, and manufacturing, creating a fully connected and world-leading life sciences ecosystem, with innovative large and small medicines producers. 

    By articulating a clear vision for medicines manufacturing alongside discovery and development, the UK is laying the foundation for a thriving sector that benefits patients, drives innovation, and delivers economic growth. The focus on medicines manufacturing as a key component of this strategy is vital, providing the necessary support to strengthen the UK’s position on the global stage. 

    The allocation of £520 million in grants for expanding medicines manufacturing capabilities demonstrates the government’s dedication to fostering a competitive and sustainable industry. Combined with continued private-sector investment and collaboration across the sector, this targeted support will create new opportunities for innovation, employment, and improved health outcomes. 

    The Medicines Manufacturing Industry Partnership (MMIP) is proud to have contributed to support the development of this Sector Plan. In a rapidly changing international context, today’s announcement is a key step on the journey to enhance the UK’s international competitiveness. We are committed to working with Government to drive implementation of this plan, and the other necessary steps set out in the MMIP’s 10-year vision to deliver on our shared ambition.

    Darius Hughes, UK General Manager for Moderna, said:   

    Moderna welcomes the UK government’s Life Sciences Sector Plan as a bold and timely commitment to strengthening the UK’s position as a global leader in healthcare innovation and adoption.   

    Through our strategic partnership, we’ve invested in UK-based mRNA R&D and manufacturing, because we believe in the UK’s ability to turn scientific excellence into real-world impact.   

    This Plan gets the fundamentals right — from smarter regulation to investing in talent and unlocking the potential of health data — and we look forward to continuing our work together to deliver meaningful outcomes for patients, the NHS, and the economy.

    Professor Patrick Chinnery, Executive Chair of the Medical Research Council, said: 

    The new Life Sciences Sector Plan sets out a bold vision to transform how one of the UK’s most dynamic and globally competitive sectors delivers for our economy and for people around the world. 

    The Medical Research Council is committed to playing a central role in realising this vision by accelerating the translation of curiosity-driven research into innovations that support disease prevention, earlier diagnosis and better treatments. 

    In partnership with researchers, charities and industry, we will help more people live healthier, more productive lives, and attract further investment to strengthen the UK’s life sciences sector.

    Matthew Taylor CBE, Chief Executive of the NHS Confederation, said: 

    Health leaders will welcome the publication of the life sciences sector plan which will play a crucial role in building an NHS that’s fit for the future. Having a thriving UK life sciences and innovation sector is key to ensuring patients get access to the treatments and innovations they need and at the best value to the health system.  

    For the government’s NHS reforms to succeed a successful life sciences programme is key, and the sector benefits from using the NHS as a testbed and delivery partner for new innovations. We look forward to working with the Office of Life Sciences, the Department of Health and Social Care and NHS England to ensure the views of health system leaders are reflected in the implementation of the plan so that it can deliver for both the health system and life sciences sector.

    Dr Sam Roberts, Chief Executive of the National Institute for Health and Care Excellence (NICE), said: 

    We warmly welcome the publication of the government’s Life Sciences Sector Plan, which sets out how NICE will ensure patients get faster, fairer access to transformative new medicines and life-changing healthtech, while supporting a thriving life sciences industry in the UK.  

    This comprehensive plan establishes a clear vision for how NICE, the NHS, and industry can collaborate to truly transform people’s lives through better, more equitable access to innovation. At NICE, we are committed to playing our part in ensuring that the UK remains at the forefront of life sciences innovation while delivering a sustainable and effective health service for all.

    Ros Deegan, CEO of OMass Therapeutics, said:  

    The new Life Sciences Sector Plan outlines ambitions that fit the UK’s world-leading capabilities and should help small and medium sized Life Sciences businesses scale, grow and keep innovation within the UK. As a growing biotechnology company with products approaching the clinic, we are encouraged to see actions designed to cut clinical trial approval times and improve access to capital – 2 critical factors that will benefit the sector and the wider economy.

    Dr. Lucinda Crabtree, Chief Financial Officer of Oxford Biomedica, said: 

    The UK government’s Life Sciences Sector Plan sets out a clear commitment to making the UK a global hub for health innovation. At OXB, we have experienced first-hand how targeted government support — including funding from Innovate UK — can help unlock growth and build globally competitive capabilities. The plan’s focus on accelerating clinical trial processes, streamlining regulatory pathways, and investing in manufacturing, genomics, and health data infrastructure will support innovation and improve access to breakthrough treatments. These initiatives are vital to establishing the UK as a key market to scale life sciences businesses, attract investment and world-class talent, and drive long term economic growth.

    Gordon Sanghera CBE, CEO and Co-founder of Oxford Nanopore Technologies, said: 

    The UK’s ambition to further expand the integration of genomic and molecular data into health systems and the economy – at scale – is exactly the kind of bold infrastructure investment that can improve lives and drive economic growth. In that system, being able to move quickly from innovation to implementation is essential to translating UK science into global health and economic impact.

    Roland Sinker CBE, Chief Executive of Cambridge University Hospitals NHS Foundation Trust, said:  

    As I outlined in the Innovation Ecosystem Programme report, there is a significant opportunity to deliver meaningful benefits to the NHS and patients through innovations developed by UK life sciences companies. I fully support the Life Sciences Sector Plan and its clear commitments to advancing research, enabling UK life sciences to thrive, and accelerating health innovation. These actions are essential to ensuring that NHS staff and patients are among the first to benefit from the latest breakthroughs.

    Richard Saynor, CEO of Sandoz said:  

    We welcome the government’s commitment to becoming a world leader in the uptake of off-patent medicines. The target of £1 billion of savings from biosimilars is both realistic and achievable. Increasing their use will unlock greater worker productivity and increase the health of the UK population – a major contribution to the government’s growth imperative. As a committed partner to the NHS and government, Sandoz will dedicate resources and expertise to realise the goals for the off-patent sector within the Life Sciences Strategy.

    Neil Daly, CEO and Founder of Skin Analytics, said: 

    We welcome the clear action plan in the Life Sciences Sector Plan for streamlining and speeding up the adoption of proven healthcare technologies and feel the plan will make a meaningful difference to UK health innovators. In skin cancer, this means that the NHS can move much more swiftly to establish appropriately regulated autonomous AI triage as standard practice for all patients. This will find more cancers, free up clinician time and save taxpayers’ money.

    Dr Michael Spence, University College London President and Provost said: 

    Universities will be at the heart of making the UK the leading life sciences economy in Europe. With its backing for world-class research and clinical trials, the Life Sciences Sector Plan will help us achieve even more. 

    London is a global centre for innovation, with Euston already a leading area for life sciences where world-class universities, healthcare, and life science companies come together. With new investments in Oriel at St Pancras Way with Moorfields Eye Hospital, and a state-of-the art neuroscience facility at Grays Inn Road, UCL is at the heart of making the area a global leader. The new Life Science Hub at Euston station is a step towards realising the huge potential in this area and achieving the government’s ambitions 

    John-Arne Røttingen, CEO of Wellcome, said: 

    The ambition set out in the Life Sciences Sector Plan is hugely welcome. Life sciences are a historic strength of the UK, and this strategic vision is important to cement the country’s advantage in the future. The plan’s emphasis on the importance of early-stage research is particularly shrewd. Basic discovery science underpins later health breakthroughs and clinical trials, making it the essential bedrock for a thriving research economy.  

    The focus on speeding up trials and on data infrastructure for research will not only lead to real impact for patients but also strengthen the UK’s attractiveness to innovative researchers and businesses.  

    If the level of ambition in the plan is matched by meaningful action and investment, the UK will be well on its way to securing its place as a global life sciences leader.

    Notes to editors

    The full collection of Industrial Strategy sector plans can be found here.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

    Updates to this page

    Published 16 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: SETAF-AF highlights 173rd Airborne Brigade innovation at LANDEURO 2025

    Source: United States Army

    1 / 9 Show Caption + Hide Caption – U.S. Army paratroopers assigned to the 173rd Airborne Brigade, alongside multinational medical teams, integrated drone-based blood resupply as part of the multinational Hospital Exercise (HOSPEX) during Swift Response 2025 at Pabrade Training Area, Lithuania, May 15, 2025.

    The Flying Basket drone delivers simulated blood to field care locations, enhancing survivability and speed in austere conditions. The exercise validates forward medical operations in a realistic, multinational environment, tactical medical evacuation, and damage control surgery from Role 3 to Role 1.

    U.S. units participating include the 173rd Airborne Brigade, 160th Forward Resuscitative Surgical Detachment (FRSD), 519th Field Hospital, 68th Theater Medical Command, and the 7384th Blood Detachment. NATO Role 2 Enhanced medical teams and Lithuanian Armed Forces medics conduct joint trauma lanes and mass casualty drills, building interoperability and combat medical readiness across the Alliance.

    The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, African, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance.

    (U.S. Army photo by Sgt. Jose Lora) (Photo Credit: Sgt. Jose Lora)

    VIEW ORIGINAL

    2 / 9 Show Caption + Hide Caption – U.S. Army paratroopers assigned to the 173rd Airborne Brigade, alongside multinational medical teams, integrated drones-based blood resupply during the multinational Hospital Exercise (HOSPEX) as part of Swift Response 2025, at camp Adrian Rohn, Pabrade, Lithuania, May 15, 2025.

    The exercise marked a first for the brigade, using the TRV-150 drone and the Flying Basket drone to deliver simulated blood to field care locations. The goal: enhance survivability and speed in austere, contested environments where traditional medical resupply is high-risk.

    Demonstrating global deterrence and the U.S. Army’s ability to rapidly deploy U.S.-based combat power in Europe alongside Allies and partners, DEFENDER 25 brings U.S. troops together with forces from 29 Allied and partner nations to build readiness through large-scale combat training from May 11-June 24, 2025. The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, African, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance. (U.S. Army photos by Elena Baladelli) (Photo Credit: Elena Baladelli)

    VIEW ORIGINAL

    3 / 9 Show Caption + Hide Caption – U.S. Army paratroopers assigned to the 173rd Airborne Brigade, alongside multinational medical teams, integrated drones-based blood resupply during the multinational Hospital Exercise (HOSPEX) as part of Swift Response 2025, at camp Adrian Rohn, Pabrade, Lithuania, May 15, 2025.

    The exercise marked a first for the brigade, using the TRV-150 drone and the Flying Basket drone to deliver simulated blood to field care locations. The goal: enhance survivability and speed in austere, contested environments where traditional medical resupply is high-risk.

    Demonstrating global deterrence and the U.S. Army’s ability to rapidly deploy U.S.-based combat power in Europe alongside Allies and partners, DEFENDER 25 brings U.S. troops together with forces from 29 Allied and partner nations to build readiness through large-scale combat training from May 11-June 24, 2025. The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, African, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance. (U.S. Army photos by Elena Baladelli) (Photo Credit: Elena Baladelli)

    VIEW ORIGINAL

    4 / 9 Show Caption + Hide Caption – U.S. Army paratroopers assigned to the 173rd Airborne Brigade, alongside multinational medical teams, integrated drones-based blood resupply during the multinational Hospital Exercise (HOSPEX) as part of Swift Response 2025, at camp Adrian Rohn, Pabrade, Lithuania, May 15, 2025.

    The exercise marked a first for the brigade, using the TRV-150 drone and the Flying Basket drone to deliver simulated blood to field care locations. The goal: enhance survivability and speed in austere, contested environments where traditional medical resupply is high-risk.

    Demonstrating global deterrence and the U.S. Army’s ability to rapidly deploy U.S.-based combat power in Europe alongside Allies and partners, DEFENDER 25 brings U.S. troops together with forces from 29 Allied and partner nations to build readiness through large-scale combat training from May 11-June 24, 2025. The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, African, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance. (U.S. Army photos by Elena Baladelli) (Photo Credit: Elena Baladelli)

    VIEW ORIGINAL

    5 / 9 Show Caption + Hide Caption – U.S. Army paratroopers assigned to the 173rd Airborne Brigade, alongside multinational medical teams, integrated drones-based blood resupply during the multinational Hospital Exercise (HOSPEX) as part of Swift Response 2025, at camp Adrian Rohn, Pabrade, Lithuania, May 15, 2025.

    The exercise marked a first for the brigade, using the TRV-150 drone and the Flying Basket drone to deliver simulated blood to field care locations. The goal: enhance survivability and speed in austere, contested environments where traditional medical resupply is high-risk.

    Demonstrating global deterrence and the U.S. Army’s ability to rapidly deploy U.S.-based combat power in Europe alongside Allies and partners, DEFENDER 25 brings U.S. troops together with forces from 29 Allied and partner nations to build readiness through large-scale combat training from May 11-June 24, 2025. The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, African, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance. (U.S. Army photos by Elena Baladelli) (Photo Credit: Elena Baladelli)

    VIEW ORIGINAL

    6 / 9 Show Caption + Hide Caption – U.S. Army paratroopers assigned to the 173rd Airborne Brigade, alongside multinational medical teams, integrated drones-based blood resupply during the multinational Hospital Exercise (HOSPEX) as part of Swift Response 2025, at camp Adrian Rohn, Pabrade, Lithuania, May 15, 2025.

    The exercise marked a first for the brigade, using the TRV-150 drone and the Flying Basket drone to deliver simulated blood to field care locations. The goal: enhance survivability and speed in austere, contested environments where traditional medical resupply is high-risk.

    Demonstrating global deterrence and the U.S. Army’s ability to rapidly deploy U.S.-based combat power in Europe alongside Allies and partners, DEFENDER 25 brings U.S. troops together with forces from 29 Allied and partner nations to build readiness through large-scale combat training from May 11-June 24, 2025. The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, African, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance. (U.S. Army photos by Elena Baladelli) (Photo Credit: Elena Baladelli)

    VIEW ORIGINAL

    7 / 9 Show Caption + Hide Caption – U.S. Army Sgt. Jacob Rosencrantz, right, and Sgt. 1st Class Elio Sauceda, paratroopers assigned to the 173rd Airborne Brigade, prime, or arm, a brazier charge with a M17A1 receiver and power on a first-person view (FPV) drone during exercise African Lion 2025 (AL25), at Ben Ghilouf Training Area, Tunisia, April 27, 2025. AL25 is set to be the largest annual military exercise in Africa, bringing together over 50 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win. (U.S. Army photo by Sgt. Mariah Y. Gonzalez) (Photo Credit: Sgt. Mariah Gonzalez) VIEW ORIGINAL
    8 / 9 Show Caption + Hide Caption – Paratroopers assigned to the 173rd Airborne Brigade and soldiers assigned to the 414th Contracting Support Brigade gathered for a visit to the 173rd Airborne Brigade’s FPV Drone Lab at Caserma Del Din, Italy, May 6, 2025. The visit showcased the lab’s latest capabilities and innovations in first-person view (FPV) drone technology.

    The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, African, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance.

    (U.S. Army photo by Sgt. Joskanny Lua) (Photo Credit: Sgt. Joskanny Lua)

    VIEW ORIGINAL

    9 / 9 Show Caption + Hide Caption – Paratroopers assigned to the 173rd Airborne Brigade and soldiers assigned to the 414th Contracting Support Brigade gathered for a visit to the 173rd Airborne Brigade’s FPV Drone Lab at Caserma Del Din, Italy, May 6, 2025. The visit showcased the lab’s latest capabilities and innovations in first-person view (FPV) drone technology.

    The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, African, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance.

    (U.S. Army photo by Sgt. Joskanny Lua) (Photo Credit: Sgt. Joskanny Lua)

    VIEW ORIGINAL

    Back to

    U.S. Army Southern European Task Force, Africa (SETAF-AF)

    VICENZA, Italy – Soldiers from the 173rd Airborne Brigade’s Bayonet Innovation Team (BIT) are set to participate in the inaugural LANDEURO Symposium and Exposition, taking place July 16–17 in Wiesbaden, Germany, to showcase tactical innovation and allied collaboration.

    Hosted by the Association of the U.S. Army (AUSA), LANDEURO is the leading international symposium dedicated to land forces in Europe. The event will convene senior military leaders from across the U.S., Ukraine and European partner nations to address emerging threats, regional cooperation and transformational warfighting capabilities.

    This year’s theme is “Transforming with Allies for the Future Fight,” which reflects a shared commitment to preparing for the next battlefield.

    The BIT will be present to discuss its collaborative efforts with units such as the 2nd Cavalry Regiment (2CR) and the 56th Artillery Command (56th Fires), notably in establishing an in-house drone lab capable of rapidly producing low-cost unmanned aerial systems tailored to mission needs. This initiative strengthens expeditionary autonomy and supports scalable innovation at the unit level.

    The innovation teams from 173rd’s BIT, 2CR and 56th Fires were critical components in each other’s establishment, sharing code and best practices on a regular basis. Together, these units consulted with roughly 100 external entities to date on innovation.

    “You need to innovate to survive, to stay ahead and stay at the cutting edge,” said U.S. Army 1st Lt. Francesco La Torre, the BIT director of robotics and autonomous systems. “The more we can do on our own, from procurement to manufacturing, the more autonomous we can be on the battlefield.”

    La Torre added that, this year alone, the BIT conducted its initial first-person view drone live-fire exercise on moving targets, completed its first live-munition drop with an M67 fragmentation grenade and created its own drone production lab in Vicenza.

    U.S. Army Col. Mark E. Bush, commander of the 173rd Airborne Brigade, will also attend the symposium. He emphasized the importance of this initiative.

    “The BIT’s efforts play a critical role in our brigade’s overarching endeavor to support the Army’s commitment to agile adaptation,” Bush said. “Our BIT Paratroopers, through staggering initiative, demonstrate daily what innovation and readiness look like in a complex, rapidly evolving security environment.”

    LANDEURO 2025 will begin with opening remarks from U.S. Army Gen. Christopher T. Donahue, commanding general of U.S. Army Europe and Africa. The event will feature more than 80 exhibits and panels addressing multi-domain operations, lessons from Ukraine and the evolving role of land forces across the continent.

    Additionally, Ukraine’s Deputy Prime Minister and Minister of Digital Transformation, Mykhailo Fedorov, will discuss battlefield innovation and digital modernization.

    The 173rd’s BIT is aligned with the Army Transformation Initiative and is part of a growing number of unit-based innovation organizations which rapidly develop and advance technology to support ever-changing battlefield demands. LANDEURO serves as the latest venue for sharing best practices.

    About 173rd Airborne Brigade

    The 173rd Airborne Brigade is the U.S. Army’s Contingency Response Force in Europe, providing rapidly deployable forces to the United States European, Africa, and Central Command areas of responsibility. Forward deployed across Italy and Germany, the brigade routinely trains alongside NATO allies and partners to build partnerships and strengthen the alliance.

    About SETAF-AF

    U.S. Army Southern European Task Force, Africa (SETAF-AF) prepares Army forces, executes crisis response, enables strategic competition and strengthens partners to achieve U.S. Army Europe and Africa and U.S. Africa Command campaign objectives.

    Follow SETAF-AF on: Facebook, X, Instagram, YouTube, LinkedIn & DVIDS.

    MIL OSI USA News –

  • MIL-OSI Africa: Bribery in South Africa: law now puts a duty on companies to act

    Source: The Conversation – Africa – By Rehana Cassim, Professor in Company Law, University of South Africa

    Bribery is one of the most common forms of corruption in South African companies and state institutions. This has a number of harmful outcomes.

    Firstly, research shows that it weakens democracy and slows down economic growth. It also creates expensive barriers for honest businesses to succeed because it distorts fair competition. If bribery is not stopped or punished it has a demoralising effect, because it erodes trust and creates a culture where ethical conduct is undermined.

    In 2024 a new law came into force in South Africa that puts a duty on companies to take proactive steps to prevent bribery. This law falls under a broader law dealing with corruption in South Africa.

    The new provisions make it a crime for companies to fail to prevent bribery by an associated person. This is a major policy shift in South African anti-corruption law, and aligns with the United Kingdom’s anti-bribery legislation.

    An associated person is anyone who performs services for the company. This can include suppliers, joint venture partners, distributors, consultants, and other professionals advising the company. It can even be other companies, like subsidiaries.

    In my research I found that South Africa took inspiration from the United Kingdom (UK) Bribery Act 2010. The law makes it a criminal offence for commercial organisations to fail to prevent bribery by associated persons.

    Despite some successes, enforcement of the UK Bribery Act has been slow and the volume of prosecutions has been low.

    Based on my research into company conduct, given the current challenges in law enforcement and the low conviction rates for crimes of corruption, the new law might not work as well as hoped.

    But with improved enforcement, it has potential to reduce bribery in South Africa.

    What’s behind the new law?

    The new addition to the law was introduced after a commission of inquiry found evidence of widespread bribery and corruption under former president Jacob Zuma.

    For example, Angelo Agrizzi, former chief operating officer of African Global Operations (Pty) Ltd (formerly known as Bosasa), testified that Bosasa won about US$129 million in government tenders by paying about US$4 million in bribes to politicians and government officials. He said that every contract in which Bosasa was involved was linked to bribery and corruption.

    The new law is designed to prevent this from happening.

    If a person associated with a member of the private sector or an incorporated state-owned entity gives, agrees or offers to give a bribe (or gratification) to another person, the company could be held liable. This applies to companies as well as individuals, partnerships, trusts and other legal entities.

    The bribe must be given by the associated person to get business for the company or to gain a business advantage for it. Importantly, a company can be found guilty even if it didn’t know about the bribe.

    What counts as a bribe?

    A bribe (or gratification) is not just money. It includes avoiding a loss or other disadvantage, releasing any obligation or liability, or giving any favour or advantage.

    The bribe does not actually have to be given. It is enough if the associated person agrees or offers to give the bribe.

    It is not clear yet if hospitality or promotional expenditures count as bribes.

    Under the UK Bribery Act a hospitality payment is not regarded as a gratification unless it is disproportionate. In my view South Africa should follow the same approach.

    For example, if paying for transport from the airport to a hotel for an on-site visit, taking clients to dinner, or giving them tickets to an event aligns with the norms for the industry, this probably will not be seen as a bribe.

    Facilitation payments is another tricky area. These are small bribes made to minor officials to get routine administrative tasks done, such as applying for visas, clearing customs or getting licences.

    The new law doesn’t say whether facilitation payments are regarded as bribes. In my view, they should be.

    What companies need to do

    Companies can avoid liability under the new law if they can prove that they had adequate procedures in place to prevent bribery by associated persons.

    But the law doesn’t explain what “adequate procedures” are. Until the South African government provides guidance on this, it is useful to look at the guidance provided under the UK Bribery Act. It recommends the following:

    • Companies should adopt procedures that are proportionate to the bribery risks they face and the nature, scale and complexity of their activities.

    So a larger company operating in a high-risk market where bribery is known to be common must do more to prevent bribery than a smaller company in a low-risk market where bribery is less common.

    • The company’s board of directors should foster a culture where bribery is never acceptable.

    • Companies should periodically assess their exposure to potential bribery risks.

    • Companies should carry out due diligence procedures on their associated persons.

    • Companies should communicate their anti-bribery polices internally and externally. They should also provide training to ensure that everyone understands their anti-bribery position.

    • Companies should monitor their procedures and improve them where necessary.

    The way forward

    The South African government should urgently publish official guidelines to help companies understand what they must do to comply with the new law.

    The principles of South Africa’s corporate governance code, the King IV Report, can also be used to help companies comply with the new law. These principles promote ethical leadership, an ethical culture, risk management, accountability and transparency.

    Guidelines are also important for small and medium enterprises. They also have a legal duty to put in place adequate procedures to prevent bribery.

    Companies that have not already put in place anti-bribery procedures should act quickly. And they should check that their corporate hospitality policies are reasonable and proportionate to their businesses.

    Companies should also evaluate their relationships with the people associated with them.

    Setting up anti-bribery procedures may have cost implications. But not having them could cost far more. Having adequate procedures in place is the only defence under the new law.

    – Bribery in South Africa: law now puts a duty on companies to act
    – https://theconversation.com/bribery-in-south-africa-law-now-puts-a-duty-on-companies-to-act-260148

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Free and low-cost things to do in Leeds over the summer holidays

    Source: City of Leeds

    Summer Reading Challenge at Leeds Libraries
    The 2025 Summer Reading Challenge has begun and is a free holiday activity for children aged 4 to 11. It’s all about reading for fun, aiming to improve children’s reading skills and confidence. Children can read anything they like and collect free rewards for their reading, including a bookmark, pop badge and wooden medal. This year’s theme is Story Garden – Adventures in Nature and the Great Outdoors and will inspire children to tap into a world of imagination through reading, exploring the magical connection between storytelling and nature.
    Monday 7 July to Friday 22 August, various library locations, cost: free

    Butterfly Fever at Tropical World
    As part of the Big Butterfly Count 2025 enjoy a special weekend of activities on Saturday 19 and Sunday 20 July, inside the zoo and at the Wildflower Meadows in Roundhay Park (weather permitting). The Butterfly Conservation Yorkshire team will be on site with lots of information on these fascinating creatures. Pick up your free copy of the Butterfly ID chart and head down to the Wildflower Meadow to record the number and type of butterflies you spot in a 15-minute slot – don’t forget to submit your sightings!
    Saturday 19 to Sunday 20 July, cost: included in admission
    Find out more: Big Butterfly Count at Tropical World

    A Lotherton Summer Holiday
    Enjoy all things summer at Lotherton this school holiday. With six weeks of summer fun, including a whole host of children’s entertainment, activities, and a family trail.
    Saturday 19 July to Sunday 31 August, cost: included in admission (some activities at additional cost)
    Find out more: A Lotherton Summer Holiday

    Summer Fun at Temple Newsam Home Farm
    Visit the farm’s adorable animals, rare breed livestock, and take in the stunning landscape of the Temple Newsam Estate. Families can make and take home their own special crafts, explore the exciting interactive trail, it’s fun for all the family. Don’t forget your camera, as there are plenty of photo opportunities!
    Saturday 19 July to Monday 25 August, cost: included in admission
    Find out more: Summer Fun at Temple Newsam Home Farm

    Summer of Fun at Kirkgate Market
    Head to Kirkgate Market throughout the summer holidays for a range of family friendly activities, including arts and crafts, shows, circus school, bumper cars, interactive games, a climbing wall, and roller skating.
    Monday 21 July to Saturday 30 August, cost: free
    Find out more: Summer of Fun at Kirkgate Market

    Deer Tractor Tours at Lotherton
    Experience Lotherton’s herd of red deer up close as you are taken on a tour of the Deer Park in the Lotherton tractor trailer. Learn all about this magnificent species – Britain’s biggest native mammal – and discover the estate from a different viewpoint.
    Monday 21 July to Monday 25 August, cost: £7.50 per person + admission
    Find out more: Deer Tractor Tours at Lotherton

    Stories in the Streets at Abbey House Museum
    Stories from our Story Time exhibition have spilled out into the Victorian Streets! You can find Mrs Tiggywinkle doing her washing, the Hungry Caterpillar munching his way through the grocer’s shop and seagulls eating the Lighthouse Keeper’s lunch. Come along to spot the stories plus a range of trails and crafts to join in for the whole family to work together. Drop-in during normal opening hours. Don’t forget to check out our Story Time exhibition while you’re here, all about children’s books through the ages!
    Wednesday 23 July to Sunday 31 August, cost: included in admission
    Find out more: Stories in the Streets at Abbey House Museum

    Breeze in the Park
    Breeze in the Park is back for 2025! Enjoy interactive play, arts and crafts, games, sports, food and, of course, Breeze’s famous collection of classic inflatables. Coming to a park near you throughout summer.
    Wednesday 23 July to Thursday 21 August, cost: £1 per child. Optional additional activities and food at additional cost. Inflatable fast track and various discounts available with a £5 Breeze Pass.
    Find out more: Breeze in the Park

    Story Garden – Code and Create at Leeds libraries
    To celebrate this year’s Summer Reading Challenge theme, make your own Story Gardens in lots of exciting ways. Join our library team to code robot bees and programme moisture sensors to keep plants hydrated! A free family-friendly event recommended for children aged 7+. All children must be accompanied by an adult.
    Thursday 24 July to Thursday 21 August, various library locations, cost: free
    Find out more: Story Garden – Code and Create at Leeds Libraries

    A Magical Miffy Summer at Leeds City Museum
    Hop down to Leeds City Museum over the summer holidays to experience Miffy summer fun! Take part in sing-along storytimes, make Miffy-inspired wands, experience dazzling magic shows, and design interactive artwork at electric paint and animation workshops. There will also be a pop-up sensory room filled with dark tents, light-up toys, squishy floor tiles, dens and a bubble tube.
    Thursday 24 July to Wednesday 27 August, various times (booking required for some activities – please see website for more details), cost: give what you can
    Find out more: A Magical Miffy Summer at Leeds City Museum

    Steam Toys & Meccano Show at Leeds Industrial Museum
    Marvel at the displays of working steam toys and Meccano from local collectors at this fun and friendly event. Enjoy this annual event from the Friends of Pudsey Roller as enthusiasts and collectors bring in their steam toys and Meccano to share with visitors. There will also be a pop-up cafe selling delicious treats and raising funds for the Pudsey Roller.
    Sunday 27 July, 12pm to 4pm, cost: included in admission
    Find out more: Steam Toys & Meccano Show at Leeds Industrial Museum

    Pot a Plant at Temple Newsam
    Head to the Walled Garden, where a friendly team will help you to pot up a stunning Coleus plant from the estate’s national collection to take home! Coleus are known for their striking, multicoloured foliage, and can thrive in both sun and shade, making them a versatile choice for any growing space.
    Wednesday 30 July, 1pm to 3pm, cost: £3 per plant (booking essential)
    Find out more: Pot a Plant at Temple Newsam

    Tooth and Claw Workshop at Leeds Discovery Centre
    Discover the animal skulls in the Natural Science collection and learn about how some have adapted teeth and claws to find food. Get up close and personal to the claws and teeth in our collection! Why are they that big? Why are they that sharp?! Join us for a family workshop and tour of our amazing collection store.
    Wednesday 30 July, 10am to 12pm, cost: give what you can
    Find out more: Tooth and Claw Workshop at Leeds Discovery Centre

    Mystery Matinees at Leeds Industrial Museum
    Enjoy a family film in the museum’s cosy, 1920s-style Palace Picture House. Please note, the museum is closed on Mondays.
    Tuesday 5 August to Sunday 31 August, cost: included in admission
    Find out more: Mystery Matinees at Leeds Industrial Museum

    Crafty in the Cloister at Kirkstall Abbey
    Take part in craft activities in the heart of the Abbey – the cloister. Every Thursday afternoon there will be new craft and colouring activities, reflecting on the nature in the abbey. The Cloister is the central courtyard in the abbey that served as a quiet area, surrounded by covered walkways to minimise noise and disruption. A quiet and meditative space for the Cistercian monks.
    Thursday 7, 14, 21, 28 August, 2pm to 4pm, cost: give what you can
    Find out more: Crafty in the Cloister at Kirkstall Abbey

    Fladam presents…Green Fingers at Leeds libraries
    It’s Green Fingers’ first day at school, and so far nobody has spotted his bright green hands. But then… GOO! GUNK! GLOOP! What a mess! Why are they suddenly misbehaving? It doesn’t help that heinous headmaster Mr Marigold despises anything dirty… but is something magical going on? Maybe the answers can be found in the mysterious school garden? A family-friendly show recommended for children aged 3+. All children must be accompanied by an adult.
    Tuesday 12 August to Thursday 21 August, various library locations, cost: give what you can
    Find out more: Fladam presents…Green Fingers at Leeds libraries

    Taxidermied! Workshop at Leeds Discovery Centre

    Join a Natural Science curator to look at how animals are taxidermied and preserved, and get up close to our animal collections. How are our animal collections preserved? Learn about taxidermy and the preservation of animals, and how they can contribute to the understanding of animals. After a tour in our store, we’ll be creating a shoebox scene of your own to take home.
    Wednesday 13 August, 10am to 12pm, cost: give what you can
    Find out more: Taxidermied! Workshop at Leeds Discovery Centre

    Pattern Making Poetry at Leeds Art Gallery
    Creative family fun session with artist Kalisha Piper Cheddie. Use drawing and collage to make patterns on long pieces of paper that will be hung on the large walls in Central Court on the first floor of the gallery. While you’re there, take some time to find out more about Lynette Yiadom-Boakye’s favourite music and poetry that inspired her exhibition, To Improvise a Mountain: Lynette Yiadom-Boakye Curates. Drop-in, no need to book.
    Tuesday 19, Wednesday 20, Thursday 21 August, 11am to 3pm, cost: give what you can
    Find out more: Pattern Making Poetry at Leeds Art Gallery

    The Child Friendly Leeds 12 wishes represent the voices of 80,000 children and young people in Leeds. Working towards these wishes makes Leeds a better city for children to grow up in. This article is in support of Child Friendly Leeds Wish 7: Children and young people know about different things to do and places to go across the city. They enjoy different cultural experiences including art, music, sport and film. Read the full wish and find out more: https://wearechildfriendlyleeds.com/wish-7-things-to-do/ Child Friendly Leeds also have a great guide full of even more things to do in Leeds over summer. Take a look at their summer activities guide here.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Seven Leeds parks awarded as some of the best in the country

    Source: City of Leeds

    Some of Leeds’ most popular parks have been awarded the Green Flag Award after being recognised as being of international quality.

    Golden Acre Park, Kirkstall Abbey, Middleton Park, Otley Chevin Forest Park, Pudsey Park, Roundhay Park and Temple Newsam Estate are all managed by Leeds City Council and have yet again been listed among the best in the country.

    The Green Flag Award scheme, managed by environmental charity Keep Britain Tidy under licence from the Ministry of Housing, Communities & Local Government, recognises and rewards well-managed parks and green spaces, setting the benchmark standard for the management of green spaces across the United Kingdom and around the world.

    Some of the Green Flag parks in Leeds have received the award every year for at least 15 years.

    Councillor Mohammed Rafique, Leeds City Council’s executive member for climate, energy, environment and green space, said: “Our teams and volunteer groups work very hard to keep these sites to a high standard and for them to be spaces that people can enjoy every single day. We’re thrilled that we have once again received the prestigious Green Flag Award for these seven green spaces and that they are deemed of international quality.”

    Green Flag Award Scheme Manager, Paul Todd MBE, said: “Congratulations to everyone involved at Leeds City Council who have worked tirelessly to ensure that these parks achieve the high standards required for the Green Flag Award.

    “Quality parks and green spaces like these seven make the country a healthier place to live and work in, and a stronger place in which to invest.

    “Crucially, these parks are vital green spaces for communities in Leeds to enjoy nature, and during the ongoing cost of living crisis it is a free and safe space for families to socialise. It also provides important opportunities for local people and visitors to reap the physical and mental health benefits of green space.”

    Notes to editors

    The Green Flag Award Scheme (http://greenflagaward.org/) is run by the environmental charity Keep Britain Tidy, under licence from the Ministry of Housing, Communities & Local Government, in partnership with Keep Scotland Beautiful, Keep Wales Tidy and Keep Northern Ireland Beautiful.

    Any green space that is freely accessible to the public is eligible to enter for a Green Flag Award.  Awards are given on an annual basis and winners must apply each year to renew their Green Flag Award status. 

    MIL OSI United Kingdom –

  • MIL-OSI: Virtune launches Virtune Coinbase 50 Index ETP on Nasdaq Stockholm

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, July 16, 2025 – Virtune, the Swedish regulated crypto asset manager, announces the listing of its latest exchange-traded product, the Virtune Coinbase 50 Index ETP, on Nasdaq Stockholm traded in SEK. This listing marks a major milestone for Virtune’s continued growth in its home market and reinforces its position as a leading issuer of regulated, physically backed crypto ETPs in the Nordics.

    The product is now available to Swedish and Nordic investors via brokers and banks such as Avanza, Nordnet, SAVR and Montrose and is traded in SEK.

    Virtune has worked closely with Coinbase since its inception, collaborating across all key areas – staking, trading, and custody. The launch of the Virtune Coinbase 50 Index ETP marks the next step in strengthening this partnership. It is the world’s first exchange-traded product to track the Coinbase 50 Europe Index – a broadly diversified benchmark of up to 50 leading crypto assets. The index is developed by Coinbase and administered by MarketVector Indexes™. The ETP currently holds 21 crypto assets, with the target to expand to all 50 assets pending regulatory and exchange approvals.

    The Coinbase 50 Europe Index aims to provide investors with representative exposure to the most significant and relevant digital assets in the market. The product is tailored for both institutional and retail investors seeking regulated, transparent, and professional exposure to the crypto market.

    Allocation as of 15th of July 2025:

    https://www.virtune.com/product/vcoin50

    Christopher Kock, CEO of Virtune:

    “Listing our Coinbase 50 Index ETP on Nasdaq Stockholm marks a significant milestone in our mission to provide secure and regulated access to digital assets investments in Sweden and the Nordics. We are thrilled to bring this flagship product to our home market, allowing investors to trade it in SEK on Nasdaq Stockholm.”

    The Virtune Coinbase 50 Index ETP is 100% physically backed by the underlying crypto assets, securely stored in cold-storage with Coinbase, and carries a competitive annual management fee of 0.95%.

    Learn more about the product here: www.virtune.com/product/vcoin50

    About Coinbase: 

    Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We’re updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.

    Brett Tejpaul, Head of Coinbase Institutional: 

    “With the launch of the Virtune Coinbase 50 Index ETP in Nordics, we’re making one of the most comprehensive benchmarks for the crypto market directly accessible to investors across the Nordics. This marks a major step forward in our mission to expand global access to digital assets and provide institutional-grade tools for navigating this evolving asset class. The introduction of this ETP reinforces our commitment to bridging traditional financial infrastructure with the growing demand for regulated, secure exposure to the digital economy.”

    About MarketVector:

    MarketVector Indexes™ (“MarketVector”) is a regulated Benchmark Administrator in Europe, incorporated in Germany and registered with the Federal Financial Supervisory Authority (BaFin). MarketVector maintains indexes under the MarketVector™, MVIS®, and BlueStar® names. With a mission to accelerate index innovation globally, MarketVector is best known for its broad suite of Thematic indexes, a long-running expertise in Hard Asset-linked Equity indexes, and its pioneering Digital Asset index family. MarketVector is proud to be in partnership with more than 25 Exchange-Traded Product (ETP) issuers and index fund managers in markets throughout the world, with more than USD 57 billion in assets under management.

    Martin Leinweber, Director, Digital Asset Research and Strategy, MarketVector: 

    “The Virtune Coinbase 50 Index ETP marks a significant step forward for crypto investment in Europe, offering broad, institutional-grade exposure to digital assets through a single, efficient product. This milestone combines MarketVector’s index expertise, Coinbase’s market infrastructure, and Virtune’s transparent, regulated approach. We’re proud to deepen our partnership with Virtune by becoming the index provider for their entire range of crypto ETPs across Europe. Together, we’re delivering the tools institutional and retail investors need to navigate the digital asset landscape with greater confidence and clarity.”

    Key Information about the Product:

    • Exposure: Up to 50 leading crypto assets in a single product
    • Underlying assets: 100% physically backed by the underlying crypto assets
    • Custody: Institutional-grade custody by Coinbase
    • Management fee: 0.95% per annum
    • Trading currency: SEK
    • First day of trading on Nasdaq Stockholm: Monday, July 14, 2025
    • Bloomberg Ticker: VCOIN50
    • ISIN: SE0024738389
    • WKN: A4A5D4
    • Exchange ticker: VCOIN50
    • Exchanges: Nasdaq Stockholm, Nasdaq Helsinki, Deutsche Börse Xetra, Euronext Amsterdam, Euronext Paris

    For inquiries, please contact:

    Christopher Kock, CEO & Member of the Board of Directors
    +46 70 073 45 64
     christopher@virtune.com

    About Virtune AB (Publ):

    Virtune, headquartered in Stockholm, is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges. Through regulatory compliance, strategic partnerships, and a highly experienced team, Virtune empowers global investors to access innovative and professional investment products aligned with the evolving global crypto market.

    Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.. The Coinbase 50 Europe Index (“Index”) is the exclusive property of MarketVector Indexes GmbH (“MarketVector”) and its Licensors and has been licensed for use by Virtune AB (Publ) (“Licensee”). MarketVector has contracted with CC Data Limited to maintain and calculate the Index. CC Data Limited uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MarketVector, CC Data Limited has no obligation to point out errors in the Index to third parties. In particular, MarketVector is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on the Virtune Coinbase 50 Europe ETP (“Product”) or not, are not sponsored, endorsed, sold, or promoted by MarketVector and any of its affiliates, and MarketVector and any of its affiliates make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MARKETVECTOR AND ANY OF ITS AFFILIATES AND ANY OF ITS LICENSORS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO LICENSEE.

    The MIL Network –

  • MIL-OSI Analysis: Bribery in South Africa: law now puts a duty on companies to act

    Source: The Conversation – Africa – By Rehana Cassim, Professor in Company Law, University of South Africa

    Bribery is one of the most common forms of corruption in South African companies and state institutions. This has a number of harmful outcomes.

    Firstly, research shows that it weakens democracy and slows down economic growth. It also creates expensive barriers for honest businesses to succeed because it distorts fair competition. If bribery is not stopped or punished it has a demoralising effect, because it erodes trust and creates a culture where ethical conduct is undermined.

    In 2024 a new law came into force in South Africa that puts a duty on companies to take proactive steps to prevent bribery. This law falls under a broader law dealing with corruption in South Africa.

    The new provisions make it a crime for companies to fail to prevent bribery by an associated person. This is a major policy shift in South African anti-corruption law, and aligns with the United Kingdom’s anti-bribery legislation.

    An associated person is anyone who performs services for the company. This can include suppliers, joint venture partners, distributors, consultants, and other professionals advising the company. It can even be other companies, like subsidiaries.

    In my research I found that South Africa took inspiration from the United Kingdom (UK) Bribery Act 2010. The law makes it a criminal offence for commercial organisations to fail to prevent bribery by associated persons.

    Despite some successes, enforcement of the UK Bribery Act has been slow and the volume of prosecutions has been low.

    Based on my research into company conduct, given the current challenges in law enforcement and the low conviction rates for crimes of corruption, the new law might not work as well as hoped.

    But with improved enforcement, it has potential to reduce bribery in South Africa.

    What’s behind the new law?

    The new addition to the law was introduced after a commission of inquiry found evidence of widespread bribery and corruption under former president Jacob Zuma.

    For example, Angelo Agrizzi, former chief operating officer of African Global Operations (Pty) Ltd (formerly known as Bosasa), testified that Bosasa won about US$129 million in government tenders by paying about US$4 million in bribes to politicians and government officials. He said that every contract in which Bosasa was involved was linked to bribery and corruption.

    The new law is designed to prevent this from happening.

    If a person associated with a member of the private sector or an incorporated state-owned entity gives, agrees or offers to give a bribe (or gratification) to another person, the company could be held liable. This applies to companies as well as individuals, partnerships, trusts and other legal entities.

    The bribe must be given by the associated person to get business for the company or to gain a business advantage for it. Importantly, a company can be found guilty even if it didn’t know about the bribe.

    What counts as a bribe?

    A bribe (or gratification) is not just money. It includes avoiding a loss or other disadvantage, releasing any obligation or liability, or giving any favour or advantage.

    The bribe does not actually have to be given. It is enough if the associated person agrees or offers to give the bribe.

    It is not clear yet if hospitality or promotional expenditures count as bribes.

    Under the UK Bribery Act a hospitality payment is not regarded as a gratification unless it is disproportionate. In my view South Africa should follow the same approach.

    For example, if paying for transport from the airport to a hotel for an on-site visit, taking clients to dinner, or giving them tickets to an event aligns with the norms for the industry, this probably will not be seen as a bribe.

    Facilitation payments is another tricky area. These are small bribes made to minor officials to get routine administrative tasks done, such as applying for visas, clearing customs or getting licences.

    The new law doesn’t say whether facilitation payments are regarded as bribes. In my view, they should be.

    What companies need to do

    Companies can avoid liability under the new law if they can prove that they had adequate procedures in place to prevent bribery by associated persons.

    But the law doesn’t explain what “adequate procedures” are. Until the South African government provides guidance on this, it is useful to look at the guidance provided under the UK Bribery Act. It recommends the following:

    • Companies should adopt procedures that are proportionate to the bribery risks they face and the nature, scale and complexity of their activities.

    So a larger company operating in a high-risk market where bribery is known to be common must do more to prevent bribery than a smaller company in a low-risk market where bribery is less common.

    • The company’s board of directors should foster a culture where bribery is never acceptable.

    • Companies should periodically assess their exposure to potential bribery risks.

    • Companies should carry out due diligence procedures on their associated persons.

    • Companies should communicate their anti-bribery polices internally and externally. They should also provide training to ensure that everyone understands their anti-bribery position.

    • Companies should monitor their procedures and improve them where necessary.

    The way forward

    The South African government should urgently publish official guidelines to help companies understand what they must do to comply with the new law.

    The principles of South Africa’s corporate governance code, the King IV Report, can also be used to help companies comply with the new law. These principles promote ethical leadership, an ethical culture, risk management, accountability and transparency.

    Guidelines are also important for small and medium enterprises. They also have a legal duty to put in place adequate procedures to prevent bribery.

    Companies that have not already put in place anti-bribery procedures should act quickly. And they should check that their corporate hospitality policies are reasonable and proportionate to their businesses.

    Companies should also evaluate their relationships with the people associated with them.

    Setting up anti-bribery procedures may have cost implications. But not having them could cost far more. Having adequate procedures in place is the only defence under the new law.

    The Conversation

    Rehana Cassim does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Bribery in South Africa: law now puts a duty on companies to act – https://theconversation.com/bribery-in-south-africa-law-now-puts-a-duty-on-companies-to-act-260148

    MIL OSI Analysis –

  • MIL-OSI United Kingdom: Huge majority deliver ‘leave Portsmouth alone’ message

    Source: City of Portsmouth

    The people of Portsmouth have delivered a clear directive to Government to leave Portsmouth alone.

    In a recent survey, 82% said they’re against Portsmouth being forced into Local Government Reorganisation (LGR) and having to merge with other councils.

    Just under 4,000 Portsmouth residents responded to the council-run survey, with over four-fifths voicing their objection. The short survey ran for ten days to capture local opinion ahead of a region-wide LGR survey across Hampshire and the Isle of Wight.

    “The result speaks for itself and it’s one of the most decisive answers we’ve ever had to a survey, and by far the biggest response in such a short time,” said Portsmouth City Council Leader Cllr Steve Pitt.

    “It was vital that we gave Portsmouth residents a say and the message to Government is clear, we don’t need council reorganisation here, leave Portsmouth alone.

    “Portsmouth already has one council that’s financially stable and delivers all of the council services to residents. There’s no evidence that a bigger new council will bring any benefits, but what we know is, the cost of reorganisation will be on tax-paying residents.”

    Under its national LGR plans, the Government wants to replace two-tier council areas with single, larger councils that deliver all council services. Portsmouth already has a single council, but because the Government wants new councils to deliver to an average of around 500,000 people, bigger than Portsmouth’s population, it has been told it must take part.

    The Government may not listen to Portsmouth residents and could force the city to be part of LGR. Considering this, the survey asked if Portsmouth has to merge, who it should be with. Of those who expressed a preference, 61% agree that, if forced, Portsmouth should merge with Fareham, Gosport and Havant councils.

    All other options to merge with other councils received under 10% of support.

    Individual councils must submit a final, preferred LGR option for the region to Government by September.

    So, Portsmouth City Council is working as part of a group of 12 councils across Hampshire and the Isle of Wight on options that would create four new, larger single councils to cover the mainland, with the Isle of Wight remaining separate. All options propose Portsmouth joins with Fareham, Gosport and Havant.

    A region-wide survey on these options is live and closes on Sunday 27 July. Take the survey here: https://ourplaceourfuture.commonplace.is/

    Read the full Portsmouth LGR survey results.

    MIL OSI United Kingdom –

  • MIL-OSI: Second Quarter Report 2025

    Source: GlobeNewswire (MIL-OSI)

    April – June 2025 Serstech Group

    • Net sales amounted to KSEK 4 563 (21 369).
    • EBITDA amounted to KSEK – 8 875 (5 595).
    • EBIT amounted to KSEK -10 992 (3 715).
    • Cash flow from operating activities amounted to KSEK -11 631 (-1 112).
    • Earnings per share amounted to SEK -0.04(0.02).
    • Earnings per average number of shares amounted to SEK -0.04 (0.02).

    January – June 2025 Serstech Group

    • Net sales amounted to KSEK 24 455 (35 543).
    • EBITDA amounted to KSEK – 8 204 (6 963).
    • EBIT amounted to KSEK -12 329 (3 194).
    • Cash flow from operating activities amounted to KSEK -14 772 (515).
    • Earnings per share amounted to SEK -0.05 (0.01).
    • Earnings per average number of shares amounted to SEK -0.05 (0.01).

    Message from the CEO

    The second quarter of 2025 showed lower sales, amounting to approximately 4.5 MSEK (21.4 MSEK). The lower sales in Q2 are in line with the broader market, as several companies in our sector have reported a slow quarter, largely due to geopolitical uncertainty and delayed procurement processes — particularly in the US, where several planned purchases have been put on hold. We have also seen limited customer participation at key US industry exhibitions, reflecting a cautious market sentiment.

    Despite the short-term challenges, we have continued to execute on our strategic plan. Our expanded sales team is now largely in place, with the final addition for this year starting in September. Compared to the beginning of the year, we have doubled the size of the sales team, which now consists of six dedicated sales professionals. This expanded capacity is a critical enabler for our growth ambitions, and we are already seeing positive effects in terms of opportunity pipeline development.

    In parallel, we have made strong progress on cost efficiency. Our transition to in-house production is proceeding according to plan, with pilot production starting in late summer and volume production expected to begin in Q4. All systems, suppliers, and processes are in place. This shift will reduce our cost of goods sold (COGS) significantly — well timed given the intensified price pressure we now see in the market. We have recently lost a few minor tenders on price, which reinforces the importance of our ongoing cost reduction initiatives.

    Having a production site in-house, in addition to the third-party one, will increase production capacity and resilience, and strengthen the collaboration between R&D and production. We have already made several improvements to both the product design and production process to improve quality and yield, while reducing COGS significantly.

    Our opportunity pipeline for the second half of the year remains strong. With the new sales team in place, we expect pipeline growth to accelerate further. Until now, our limited sales capacity has been the main bottleneck, requiring me to focus almost exclusively on field sales and international travel to support customer engagements.

    We successfully closed our Romanian office during the quarter and completed key recruitments in Lund. Consolidating the team under one roof will not only reduce overall costs but also improve collaboration, efficiency, and innovation. We are already seeing the benefits, with several new patent applications scheduled to be filed in the near term.

    With a stronger team, a more competitive cost structure, and a growing market need, we are well positioned for a strong second half of the year.

    Stefan Sandor, CEO
    April 2025

    For further information, please contact:
    Stefan Sandor,
    CEO, Serstech AB Phone: +46 739 606 067
    Email: ss@serstech.com

    or

    Thomas Pileby,
    Chairman of the Board, Serstech AB Phone: +46 702 072 643
    Email: tp@serstech.com
    or visit: www.serstech.com

    This is information that Serstech AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above at 08:45 CET on July 16, 2025.

    Certified advisor to Serstech is Svensk Kapitalmarknadsgranskning AB (SKMG).

    About Serstech

    Serstech delivers solutions for chemical identification and has customers around the world, mainly in the safety and security industry. Typical customers are customs, police authorities, security organizations and first responders. The solutions and technology are however not limited to security applications and potentially any industry using chemicals of some kind could be addressed by Serstech’s solution. Serstech’s head office is in Sweden and design, development and production are done in Sweden.

    Serstech is traded at Nasdaq First North Growth Market and more information about the company can be found at www.serstech.com

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: Air Marshal Harv Smyth appointed new Chief of the Air Staff

    Source: United Kingdom – Executive Government & Departments

    Press release

    Air Marshal Harv Smyth appointed new Chief of the Air Staff

    Air Marshal Harv Smyth will succeed Air Chief Marshal Sir Rich Knighton in August 2025.

    The Defence Secretary John Healey has confirmed that His Majesty The King has approved the appointment of the new Chief of the Air Staff.

    Air Marshal Harv Smyth will succeed Air Chief Marshal Sir Rich Knighton in August 2025. He joined the RAF in 1991 as a direct entrant and then spent 15 years as a frontline Harrier pilot and weapons instructor having flown hundreds of operational missions over Bosnia, Kosovo, Serbia, Iraq and Afghanistan.

    Since his promotion to Air Commodore in 2015, Air Marshal Smyth has held a range of command positions and is currently the Deputy Chief of the Defence Staff for Military Strategy and Operations.

    The appointment comes at a transformative time for the RAF as it moves to warfighting readiness following the publication of the Strategic Defence Review, including the recent announcement that the UK will purchase 12 F-35A fighter jets and join NATO’s nuclear mission as the government delivers greater security for working people through its Plan for Change.

    The Chief of the Air Staff is responsible for the strategic planning and delivery of all Royal Air Force operations, people and capability. The position is accountable to the Secretary of State for Defence for the fighting effectiveness, efficiency and morale as well as the development and sustainment of the RAF.

    Defence Secretary John Healey MP, said:

    I warmly congratulate Air Marshal Harv Smyth on his appointment as Chief of the Air Staff. He has outstanding credentials to lead the RAF in a crucial period of transformation for the force.

    Air Marshal Smyth has led a distinguished career to date. From spending 15 years as a frontline Harrier pilot and weapons instructor, to flying hundreds of operational missions from both land bases and aircraft carriers, to holding numerous vital command positions, he has served our nation loyally.

    I would also like to recognise Air Chief Marshal Sir Rich Knighton’s superb leadership of the RAF over the last two years. I know he and Air Marshal Smyth will work together to deliver a landmark shift in our deterrence and defence.

    The RAF is always globally deployed and ready to defend the nation. RAF pilots and aircrew are currently deployed on Operation SHADER to combat Daesh terrorists in Iraq and Syria, in Qatar as part of our joint Typhoon squadron, and in Eastern Europe as part of the NATO Enhanced Air Policing mission to deter Russia.

    Incoming Chief of the Defence Staff Air Chief Marshal Sir Rich Knighton, said:

    I am absolutely delighted that Air Marshal Harv Smyth has been selected as the next Chief of the Air Staff, and I have every confidence that he will lead the Royal Air Force brilliantly and make sure we are ready to fly and fight. 

    As I hand over to Air Marshal Smyth, I know that under his command the Royal Air Force will go from strength to strength to ensure that we are always ready to protect and promote our national interests on the world stage. I wish him every success and look forward to working with him in leadership of our Armed Forces.

    This announcement comes following Sir Rich Knighton’s promotion to Chief of the Defence Staff, a role he will take up in September.

    Air Marshal Harv Smyth, said:

    I am deeply honoured to have been selected as the next Chief of the Air Staff at such an important time for the Royal Air Force. The Strategic Defence Review makes clear the need for us to rapidly evolve and modernise to meet current and future threats and I am enormously proud to lead the Service at such a crucial point in our history. 

    I take over from Sir Rich Knighton, who has achieved so much over the past two years, preparing the Royal Air Force for the challenges that we currently face and developing the operational mindset that we need, should we transition to conflict. I share in his unwavering support for our people and am delighted to have this opportunity to lead our Whole Force as we deliver outstanding Air and Space Power for the UK and NATO.

    Updates to this page

    Published 16 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Trust and human-AI collaboration set to define the next era of agentic AI, unlocking $450 billion opportunity by 2028

    Source: GlobeNewswire (MIL-OSI)

    Press contact: 
    Mollie Mellows
    Tel: +44 7342 709384
    Email: mollie.mellows@capgemini.com

    Trust and human-AI collaboration set to define the next era of agentic AI, unlocking $450 billion opportunity by 2028

    • AI agents are poised to deliver up to $450 billion in economic value by 2028 through revenue gains and cost savings, yet the path to scale is currently elusive
    • Confidence in fully autonomous AI agents dropped from 43% to 27% in the past year amidst privacy and ethical concerns
    • However, AI agents are expected to be involved in most business tasks within three years, with effective human-agent collaboration projected to increase human engagement in high-value tasks by 65%

    Paris, July 16, 2025 – Agentic AI is poised to deliver up to $450 billion in economic value by 2028 yet, despite strong momentum, only 2% of organizations have fully scaled deployment and trust in AI agents is declining. Organizations are discovering that AI agents deliver the greatest impact when humans remain actively involved. Nearly three-quarters of executives say the benefits of human oversight outweigh the costs, and 90% view human involvement in AI-driven workflows as either positive or cost-neutral. This is according to the Capgemini Research Institute’s latest report “Rise of agentic AI: How trust is the key to human-AI collaboration”, that finds trust and human oversight are critical factors in realizing the potential of agentic AI, and the gap between intent and readiness is now one of the biggest barriers to realizing the $450 billion opportunity.

    Agentic AI is one of the fastest-emerging technological trends, but organizations are still in the early stages of application. While nearly a quarter have already launched pilots and a small number have begun implementation (14%), the majority remain in planning mode. This steady progress stands in contrast to executive ambition – nearly all (93%) business leaders believe that scaling AI agents over the next 12 months will provide a competitive edge, yet nearly half of organizations still lack a strategy for implementing them.

    “The economic potential of AI agents is significant but realizing this value depends on more than just the technology, it requires a comprehensive and strategic transformation across people, processes and systems,” said Franck Greverie, Chief Portfolio & Technology Officer, Head of Global Business Lines, and Group Executive Board Member at Capgemini. “To succeed, organizations must remain focused on outcomes, reimagining their processes with an AI-first mindset. Central to this transformation is the need to build trust in AI by ensuring it is developed responsibly, with ethics and safety baked in from the outset. It also means reshaping organizations to support effective human-AI chemistry, creating the right conditions for these systems to enhance human judgment and help deliver superior business outcomes.”

    Organizations prioritize transparency as the agentic AI trust gap widens
    Trust in fully autonomous AI agents has dropped sharply, from 43% to 27% in the past year alone, with nearly two in five executives believing that the risks of implementing AI agents outweigh the benefits. Only 40% of organizations say they trust AI agents to manage tasks and processes autonomously, while most do not fully trust the technology.

    The report finds that as organizations move from exploration to implementation, trust in AI agents grows: for organizations in implementation phase, 47% have an above average level of trust, compared to 37% in exploratory phase. Therefore, organizations are prioritizing transparency, clarity around how AI agents make decisions, and ethical safeguards to drive greater adoption.

    Human-AI chemistry is key to lasting adoption
    The real promise of agentic AI lies in tackling core business challenges and reimagining how work gets done. Within the next 12 months, over 60% of organizations expect to form human-agent teams where AI agents function as subordinates or enhance human capabilities. This means that AI agents can no longer be considered tools, they are becoming active participants in the team.

    70% of organizations believe AI agents will necessitate organizational restructuring, prompting leaders to rethink roles, team structures, and workflows. Enterprises are discovering AI agents deliver most value when humans remain in the loop. With effective human-AI collaboration, organizations expect a 65% increase in human engagement in high-value tasks, a 53% rise in creativity, and a 49% boost in employee satisfaction.

    The time to scale is now
    The $450 billion dollar opportunity for AI agents to deliver new economic value by 2028 includes both revenue uplift and cost savings, driven by the implementation of semi to fully autonomous AI agents. Scaled adoption is found to hold far greater potential, as organizations with scaled implementation are projected to generate approximately $382 million on average over the next three years, while others may realize around $76 million.

    In the near term, AI agents are expected to see most extensive adoption in customer service, IT, and sales, expanding into operations, R&D, and marketing over the next three years. However, most deployments remain at early stages of autonomy with only 15% of all business processes operating at semi-autonomous to fully autonomous levels in a year. While this is expected to rise to 25% by 2028, most agents today function as assistants or copilots, supporting routine tasks rather than independently managing complex workflows.

    AI-readiness remains a challenge
    Today, most organizations are not equipped to scale agentic AI effectively cites the report. 80% lack mature AI infrastructure and fewer than one in five report high levels of data-readiness. Ethical concerns such as data privacy, algorithmic bias, and lack of explainability remain widespread, yet few organizations are taking decisive action. For example, privacy is the primary concern for over half of organizations (51%), yet only 34% are actively taking steps to mitigate it. Compounding this, only half of business leaders say they understand what AI agents are capable of, and even fewer can identify where these systems outperform traditional automation.

    To harness the full potential of AI agents, organizations must move beyond the hype, recommends the report – working toward redesigning processes and reimagining business models, transforming organizational structure, and striking the right balance between agent autonomy and human involvement.

    For more information and to download the full report, click here.

    Report methodology
    The Capgemini Research Institute conducted a global survey of 1,500 executives at organizations each with more than $1 billion in annual revenue across 14 countries. Organizations operate across 13 sectors and all have started to explore Agentic AI. The global survey took place in April 2025. Executives surveyed are at director level and above, and of these, 60% are from data and AI functions, while 40% are from diverse business functions.

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.

    Get The Future You Want | www.capgemini.com

    About the Capgemini Research Institute
    The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital. The Institute publishes research on the impact of digital technologies on large traditional businesses. The team draws on the worldwide network of Capgemini experts and works closely with academic and technology partners. The Institute has dedicated research centers in India, Singapore, the United Kingdom and the United States. It was ranked #1 in the world for the quality of its research by independent analysts for six consecutive times – an industry first.

    Visit us at https://www.capgemini.com/researchinstitute/

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    The MIL Network –

  • MIL-OSI United Kingdom: Government investment for mentoring, funding access and skills development to spark tech innovation outside capital

    Source: United Kingdom – Government Statements

    Press release

    Government investment for mentoring, funding access and skills development to spark tech innovation outside capital

    Tech entrepreneurs outside London will get support to grow their businesses, as the government launches a £1 million programme which is set to ignite innovation and bolster growth beyond the capital.

    Government investment to boost tech innovation across the UK.

    • New programme to supercharge tech growth in UK regions including Scotland, the North East, Humber and East, and South Yorkshire, and bolster local economies.
    • £1 million government investment will provide mentoring, funding access and skills development for entrepreneurs outside of London.
    • Programme launched as government looks to drive economic growth and prosperity in every part of the UK, under the PM’s Plan for Change.

    The Department for Science, Innovation and Technology (DSIT) has today (Wednesday 16 July) announced the launch of the Regional Tech Booster programme, aimed at accelerating the growth of tech clusters and early-stage digital startups in regions including Scotland, the North East, Humber and East, and South Yorkshire.

    While London remains Europe’s leading tech hub, the new programme will help close the gap between the capital and regional tech ecosystems by addressing key challenges including entrepreneur support, access to finance, and skills development.

    It will do so by delivering tailored support programmes for tech founders, such as mentoring, investment promotion events, and workshops to share best practices across regional tech communities.

    Minister for Tech and Future Digital Economy, Baroness Jones said:

    Tech innovation doesn’t stop at the M25 and we’re choosing to invest in the talent and ideas flourishing across the UK.

    This investment forms an important part of our Plan for Change to kickstart economic growth in every part of the UK. By supporting regional tech entrepreneurs, we’re creating the conditions for innovation and prosperity to flourish.

    The initiative complements existing government support for regional development, including Project Gigabit, the Local Innovation Partnership Fund, AI Growth Zones, and digital skills programmes. It demonstrates a strategic choice to invest in regional tech ecosystems as part of the government’s wider Industrial Strategy.

    Katie Gallagher, chair of the UKTCG and managing director of Manchester Digital, said:

    The UK’s nations and regions are home to a diverse and growing network of tech ecosystems. They already make a vital contribution to the economy and with the right support, they can do even more.

    We’re pleased that DSIT has selected the UK Tech Cluster Group to pilot a new approach. This programme will focus on collaboration, connecting clusters, sharing best practice, supporting founders and entrepreneurs and creating a practical playbook for building strong, sustainable regional tech economies.

    With members from across the UK’s nations and regions, UKTCG is uniquely placed to deliver this work ensuring every part of the country benefits from the UK’s thriving tech sector.

    UK Tech Cluster Group will focus on ensuring the programme delivers sustainable benefits that continue beyond the initial funding period, working closely with industry, academic institutions and local tech leaders to strengthen regional tech communities. Information on how regional tech clusters can apply for the programmes will be announced later this year.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

    Updates to this page

    Published 16 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Prison (Amendment) Rules 2025 to be gazetted on Friday

    Source: Hong Kong Government special administrative region

         The Government will publish the Prison (Amendment) Rules 2025 (Amendment Rules) in the Gazette this Friday (July 18), which will take effect immediately on that day.
     
         A spokesperson for the Security Bureau today (July 16) said, “According to the Decision of the National People’s Congress on Establishing and Improving the Legal System and Enforcement Mechanisms for the Hong Kong Special Administrative Region to Safeguard National Security and the Hong Kong National Security Law, the Hong Kong Special Administrative Region has the constitutional responsibility to continue to improve the legal system and enforcement mechanisms for safeguarding national security steadily so as to continue to prevent, suppress and impose punishment for acts and activities endangering national security effectively. The Prison Rules (PR) have been in operation for many years. We need to review whether the PR can meet the needs of safeguarding national security and modern correctional institution management.”
     
         The spokesperson added, “Having reviewed the relevant law enforcement experience in the past in respect of custody of convicted persons in custody (PICs) and prisoners awaiting trial, potential national security risks and security threats that may be faced by correctional institutions in the future, and relevant law and practices in other jurisdictions (including the United Kingdom, the United States, Canada, Australia, New Zealand and Singapore), we propose to improve the extant PR, so as to ensure that we can effectively prevent, suppress and impose punishment for acts and activities endangering national security; continue to strengthen the legal basis for correctional officers in discharging their duties; maintain the security, good order and discipline of prisons; and facilitate the rehabilitation of PICs and protect their lawful rights and interests. We also put forward other amendments to strengthen the enforcement effectiveness of the Correctional Services Department. At the same time, we have reviewed and will amend other provisions with a view to making the PR more up-to-date and meeting the needs for the management of correctional institutions.
     
         “Amidst the present complicated geopolitical situation, national security risks still exist. It is necessary to amend the PR as soon as possible to prevent and resolve relevant risks in a timely manner, the earlier the better, for safeguarding national security effectively.
     
         “The Amendment Rules will be tabled at the Legislative Council (LegCo) for negative vetting on July 23. The Government will proactively facilitate the scrutiny work of the LegCo, with a view to further strengthening the solid defence in safeguarding national security.”

    MIL OSI Asia Pacific News –

  • MIL-OSI United Nations: UNESCO report warns of extracting activities near World Heritage sites

    Source: UNESCO World Heritage Centre

    UNESCO, the Church of England Pensions Board, Greenbank, the International Union for Conservation of Nature, and the World Wildlife Fund call on investors to adhere to industry commitments and ensure World Heritage Site protection.

    UNESCO and its partners today released a report which shows the extent to which extractive industries are encroaching upon UNESCO World Heritage sites.

    The report, “Extractive Activities in UNESCO World Heritage Sites: Commitments, Risks and Investment Implications”, offers the most comprehensive analysis to date on the presence and proximity of areas licenced for oil, gas, and mineral exploration and production in and around some of the world’s most treasured cultural and natural heritage sites.

    Jointly released by UNESCO, the Church of England Pensions Board, Greenbank, the International Union for Conservation of Nature (IUCN), and the World Wildlife Fund (WWF), the report also emphasizes the critical role investors can play in assessing their risk exposure and influencing extractive companies’ practices. The data and analysis in the report help investors identify and manage the risks, aligning their investment decisions with global heritage protection commitments.

    In addition, the report outlines several ways investors can identify, assess, and respond to risks arising from operations within and near UNESCO World Heritage sites. These guidelines rely on UNESCO policy standards, focusing on how investors can integrate these standards into their own processes.

    “World Heritage sites support millions of livelihoods through tourism, agriculture, and other vital sectors. Oil, gas, and mining companies – and their investors – have a crucial role to play in safeguarding these irreplaceable places from harm.”

    Extractive activities in UNESCO World Heritage sites

    Commitments, risks and investments implications

    Dowload the full report

    English

    Protected, but not safe

    According to the report, companies currently hold oil, gas, and mining assets – licensed areas for exploration or production – in 97 of the 266 assessed natural UNESCO World Heritage sites, representing 36 per cent of sites. These include mining claims in 58 sites, oil and gas wells in 27, awarded oil and gas blocks in 25, oil and gas bid blocks in 14, and mining projects in 10. More than 800 individual assets overlapping with natural and mixed sites have been identified worldwide, impacting every region.

    Updating a similar spatial analysis conducted by WWF in 2015, the report finds that more than half of the sites previously identified as affected by extractive overlaps remain so today, indicating persistent and unresolved pressure.

    The risks extend beyond the boundaries of sites themselves. Nearly half (48 percent) of natural sites lie within one kilometre of extractive activity, and 73 per cent are within 20 kilometres, placing them at increased risk of pollution, habitat destruction, and cultural disruption.

    For the first time, the report also evaluates risks to cultural World Heritage sites and  reveals that 17 per cent of them – 158 out of 925 – are within 500 metres of extractive activity. Oil and gas activities are found near 124 cultural sites, while mining activities affect 45.

    “Natural World Heritage sites are among nature’s most precious gifts to humanity yet, despite their status, they are still coming under ongoing pressure from oil, gas and mining companies. As hotspots of biodiversity and culture, these sites can help support sustainable development and tackle climate change – we should not put them at risk.”

    Extractives in World Heritage sites is an investment risk

    The overlap between extractive activities and World Heritage sites presents a serious investment risk as companies operating in sensitive locations face growing scrutiny from regulators, shareholders, civil society and the public. This can lead to project delays, fines, reputational damage, and even operational shutdowns, all of which can impact profit margins and undermine long-term investment value.

    The report urges investors and extractive companies to avoid operating in or near these high-risk areas and to ensure that their activities comply with internationally recognized environmental and social standards, including UNESCO’s guidance supporting the World Heritage ‘no-go’ commitment.

    “Investors must act as responsible stewards of capital by ensuring the companies they finance do not put World Heritage sites at risk. This is not just a conservation issue – it’s a matter of long-term financial and reputational risk investors need to manage.”

    A critical opportunity and a shared responsibility

    Despite the risks, a window of opportunity remains. Most of the identified extractive assets are still in the forms of claims and concessions rather than active mines or oil and gas wells. This provides a crucial chance to take preventive action before operations begin and irreversible damage occurs.

    Strong national legal protections, comprehensive impact assessments, and greater transparency of extractive licensing processes are essential. Licences that overlap with or threaten areas of high conservation value should be responsibly phased out.

    “Extractive activities have long been recognized as fundamentally incompatible with World Heritage status. It is essential that governments, investors, and companies respect these sites as off-limits to oil, gas and mineral concessions and operations.”

    To prevent harm to World Heritage sites, investors must integrate spatial, financial and reputational risks into their investment policies and decision-making. A growing number of companies and organizations have already taken this step, following the example of the International Council on Mining and Metals (ICMM), which was the first to adopt a World Heritage ‘no-go’ commitment.

    “We believe investors have a responsibility to recognise where clear limits to economic activities must be drawn and to support companies that operate with care and responsibility. At its heart, this is about protecting what cannot be replaced.”

    UNESCO thanks the Government of Flanders (Kingdom of Belgium) for its support in strengthening corporate sector engagement in the protection of World Heritage. Learn more at: https://whc.unesco.org/en/no-go-commitment/

    About UNESCO and the World Heritage Convention

    The United Nations Educational, Scientific and Cultural Organization (UNESCO) is a specialized agency of the United Nations dedicated to strengthening our shared humanity through the promotion of education, science, culture, and communication. It seeks to encourage the identification, protection and preservation of cultural and natural heritage around the world considered to be of outstanding value to humanity. This is embodied in an international treaty called the Convention concerning the Protection of the World Cultural and Natural Heritage, adopted by UNESCO in 1972.

    About the Church of England Pensions Board

    The Church of England Pensions Board provides retirement services to those who serve or work for the Church, managing pension schemes for over 43,000 members across 700 Church organizations. Managing around £3.4 billion in funds, it invests responsibly and sustainably for the long term to meet pension commitments. Guided by the ethics of the Church of England, it actively engages with companies and sectors to drive positive change alongside other investors, focusing on issues important to its members and their future. Find out more on their investment policy here.

    About Greenbank

    Greenbank provides investment management services for private investors, trusts and charities, and has been helping to drive change in finance, business and society through ethical and sustainable investment for over 20 years. As the sustainable investment specialists within Rathbones Group, Greenbank strives to be the natural home for investors seeking to align their investments with their values, providing sustainable investment as a standard, not an add on.

    About IUCN

    IUCN is the global authority on the state of the natural world and the measures needed to safeguard it. IUCN brings together 1,500 government and civil society members, over 17,000 affiliated experts, while also helping businesses implement practices that conserve nature and benefit people. Since 1972, IUCN has served as the official Advisory Body on nature under the World Heritage Convention, leading the technical evaluation of new nominations, monitoring existing sites, and supporting conservation action through our global network and granting tools. Learn more about IUCN’s World Heritage work here.

    About WWF

    WWF is an independent conservation organization, with over 35 million followers and a global network active through local leadership in over 100 countries. Its mission is to stop the degradation of the planet’s natural environment and to build a future in which people live in harmony with nature, by conserving the world’s biological diversity, ensuring that the use of renewable natural resources is sustainable, and promoting the reduction of pollution and wasteful consumption. Find out more at wwf.panda.org.

    MIL OSI United Nations News –

  • MIL-OSI China: Qinghai pioneers green growth with ecology-first strategy

    Source: People’s Republic of China – State Council News

    Standing at the heart of a 609-sq-km photovoltaic park located in the Talatan Gobi Desert in Gonghe County, northwest China’s Qinghai Province, China Arab TV correspondent Ayoub Bechrouri enthusiastically began recording his report with his smartphone.

    Behind him stretches a captivating “blue sea” — an endless expanse of photovoltaic panels covering the landscape. Beneath these gleaming solar arrays, verdant grasslands thrive where flocks of sheep graze contentedly, showcasing the perfect harmony between renewable energy and sustainable agriculture.

    “This is a good example of green energy development,” Bechrouri said. “I hope to see China-Arab collaboration bring Chinese technologies to Arab countries.”

    Hailing from Morocco, Bechrouri was part of a delegation of around 30 international journalists from countries including the United States, Germany, Japan and Spain on a three-day tour of Qinghai organized by China’s State Council Information Office. The media delegation experienced firsthand how this northwestern province is pioneering China’s ecological civilization drive through concrete green development projects.

    ECO-FRIENDLY ENERGY

    “In a sunny country like Spain, people have been paying attention to the ecological impact of the construction of large photovoltaic power stations,” said Alvaro Alfaro Ruiz-Alberdi, a journalist at the Spanish news agency Agencia EFE. “I find it interesting to examine how Qinghai maintains the balance between this energy development and environmental protection.”

    The Spanish correspondent found the answer at this very photovoltaic park, one of the highest-capacity solar power facilities globally, in Gonghe.

    The park’s innovative eco-industrial model — power generation atop solar panels, grass cultivation between panels, and sheep grazing beneath them — has restored vegetation coverage to 80 percent in an area that was once a dust-blown stretch of the Gobi Desert, according to Wang Anwei, director of the energy bureau of Hainan Tibetan Autonomous Prefecture, which administers Gonghe.

    This agrivoltaic model has also boosted income for livestock farming, generating over 10,000 yuan (about 1,398 U.S. dollars) per mu (about 0.07 hectares), and has helped lift 173 neighboring villages out of poverty.

    “Now my flock has grown to about 800 sheep, and my income from grazing alone has doubled compared to before,” said Zhao Guofu, a herder who began grazing his sheep here six years ago.

    By the end of 2024, the total investment in clean energy in the Hainan Tibetan Autonomous Prefecture reached 16.18 billion yuan, with annual clean energy power generation amounting to 46.32 billion kWh. Notably, photovoltaic power generation was about 17.9 billion kWh, representing a year-on-year increase of 16.21 percent.

    IMPROVED BIODIVERSITY PROTECTION

    In the summer, Qinghai Lake, located in the northeastern part of the Qinghai-Xizang Plateau, shimmers with azure waves, teeming with visitors. Brown-headed gulls wheel above the water surface, while vast schools of the lake’s unique species, naked carp, which is classified as vulnerable on the China Species Red List, glide beneath.

    “The naked carp constitutes over 90 percent of the lake’s total fish population and serves as the primary prey for birds such as brown-headed gulls. This species plays a vital role in maintaining the ecosystem and biodiversity of the Qinghai Lake basin,” said Wang Shuning, with the protection and utilization administration of the Qinghai Lake scenic area.

    Due to overfishing and environmental deterioration, the population of naked carp sharply declined in the 1960s and 1970s. In order to protect the species and restore the Qinghai Lake environment, Qinghai banned naked carp fishing at the lake in 2001, following a series of temporary prohibitions from the 1980s onward.

    Between 2002 and 2023, the biomass of naked carp increased nearly 46-fold. Additionally, as the only habitat of Przewalski’s gazelles, an endangered antelope species, the Qinghai Lake basin has seen the total number of the species recover from fewer than 300 at the beginning of conservation efforts to approximately 3,400 currently. This remarkable growth reflects the concerted conservation efforts by both the Chinese government and local communities.

    The province has adopted a holistic approach to the protection and systematic governance of the symbiotic ecosystem of “water-grass-fish-birds-animals” in the Qinghai Lake basin. It has established monitoring platforms for ecological sensing and hydrological early warning, and has gradually set up over 300 ecological monitoring sites.

    Two years ago, local resident Dorje Tsomo became an ecological ranger at the Qinghai Lake scenic area. On duty, she always carries a camera to document environmental changes around the lake and a field manual compiling 98 species of waterbirds, which serves as her constant reference for learning their distinctive features, distributions and conservation statuses.

    “We also use a WeChat mini-program to document patrol routes, while nearby villagers promptly report injured birds. Together, we protect Qinghai Lake, the home we all share,” she said.

    According to Chen Dehui, deputy director of the protection and utilization administration of the Qinghai Lake scenic area, growing numbers of herders are voluntarily taking on new roles — as photographers capturing the lake’s natural beauty and as interpreters in ecological education programs — diversifying their income sources while sharing in the rewards of conservation.

    “Qinghai Lake’s ecological conservation is truly impressive,” said Furuta Natsuya, a journalist with Japan’s Hokkaido Shimbun who visited Qinghai for the first time. “Here, I witnessed a genuine model of human-nature coexistence and felt the profound connection between people and the natural world.”

    ECOLOGY-ENRICHED PROSPERITY

    In April this year, Kanbula, located in Jainca County of Huangnan Tibetan Autonomous Prefecture in Qinghai, was officially designated as a UNESCO Global Geopark. The park spans roughly 3,149 square kilometers with striking fiery-red Danxia landforms, towering jagged peaks, hidden caves and emerald lakes.

    “This world-class geological landmark not only enhances geo-conservation efforts, but also accelerates local infrastructure development, drawing global visitors to fuel cultural tourism revenues in the area,” said Hou Guangliang, a professor at Qinghai Normal University’s school of geographical sciences.

    In recent years, Dekyi Village, which is near the geopark, has become a living example of turning “ecological assets into economic gains.”

    “Thanks to government-sponsored training programs, our family now runs a homestay and agritourism business,” local villager Jorgyi said. “Last year, we earned over 70,000 yuan, and this year looks even more promising.”

    The village receives over 200,000 annual visitors, generating more than 1 million yuan in collective and individual dividends.

    “Like many regions in Hokkaido facing population decline, I’m particularly interested in rural revitalization. I hope to gain firsthand insights into how Chinese grassroots communities have experienced poverty alleviation and the tangible outcomes of government initiatives,” said Furuta.

    Both China and Japan are actively exploring sustainable development pathways, Furuta noted, adding that the Qinghai visit gave him profound insight into how both countries’ successful practices in community governance, ecotourism and cultural integration merit mutual learning. 

    MIL OSI China News –

  • MIL-OSI: Interim report for Q2

    Source: GlobeNewswire (MIL-OSI)

    Guidance for pre-tax profit lifted by DKK 100 million supported by a solid insurance service result and improvement in the underlying business in Q2

    • Guidance for the insurance service result is lifted by DKK 50 million to DKK 1.6-1.8 billion excluding H2 run-offs.
    • Guidance for the investment result is lifted by DKK 50 million to DKK 250 million.
    • The insurance service result was a profit of DKK 520 million in Q2 2025 (DKK 312 million), which is the highest result realised to date. The result was driven by highly satisfactory premium growth, an improved claims experience and favourable developments in the expense ratio.
    • Insurance revenue grew at a highly satisfactory rate of 8% to DKK 2,950 million (DKK 2,725 million), driven in particular by strong premium growth of 11% in Personal Lines.
    • The undiscounted underlying claims experience improved by 5.2 percentage points to 62.2, driven by growth in both Personal Lines and Commercial Lines and reflecting, among other things, the results of profitability-enhancing measures and synergy gains.
    • The combined ratio was 82.3 (88.5), driven by fewer major claims, an improved underlying claims experience and a lower expense ratio.
    • The expense ratio improved significantly to 16.7 (18.0), reflecting the group’s objective of lowering the cost level.
    • The implementation of synergy initiatives is progressing according to plan and generated a positive accounting effect of DKK 151 million in Q2 2025.
    • Highly satisfactory investment result of DKK 102 million (DKK 65 million), with shares and bonds contributing favourably to the result.

    CEO Rasmus Werner Nielsen on the Q2 financial results:
    “We recorded a satisfactory performance in the second quarter, assisting customers with building, contents and motor claims in particular, and providing insurance advice to more than a quarter of a million customers in a period characterised by uncertainty on several fronts.

    In the second quarter, we once again onboarded many new customers, which contributed to the strong growth we recorded in insurance revenue. At the same time, we are on track to realise our ambitious plan to create a more efficient organisation and thereby strengthen our competitiveness for the benefit of our customers. The Q2 financial results underline the Group’s resilience, supported by satisfactory Personal and Commercial Lines, both contributing to the favourable development.

    Although the second quarter was characterised by relatively mild weather conditions, we continue our efforts to advise and assist our customers with protection against severe weather conditions in the future. Most recently, with the support of Alm. Brand Foreningen 1792, we launched a new offer to assist customers previously affected by weather-related claims with climate-proofing their houses.”

    This interim report and related materials are available at Alm. Brand Group’s investor website: Q2 2025

    Webcast and conference call
     Alm. Brand will host a conference call for investors and analysts today, Wednesday 16 July 2025 at 11:00 a.m. The conference call and presentation will be available on Alm. Brand Group’s investor website:

    Conference call dial-in numbers for investors and analysts (PIN: 490681):

    Denmark: +45 89 87 50 45
    UK: +44 20 3936 2999
    USA: +1 646 664 1960

    Link to webcast: Alm. Brand Group Q2 2025

    Contact
     Please direct any questions regarding this announcement to:

    Investors and equity analysts:                          

    Head of Investor Relations & ESG                    
    Mads Thinggaard                                
    Mobile no. +45 2025 5469               

    Press:                                                                                               

    Head of Communications and Media Relations
    Mikkel Luplau Schmidt
    Mobile no. +45 2052 3883

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  • MIL-OSI: Production Temporarily Suspended at DNO Kurdistan Fields Following Explosions

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 16 July 2025 – DNO ASA, the Norwegian oil and gas operator, reports that operations at its Tawke license in the Kurdistan region of Iraq have been temporarily suspended following three explosions early this morning, one involving a small storage tank at Tawke and the other involving surface processing equipment at Peshkabir. There have been no injuries. The damage assessment is underway and the Company expects to restart production once the assessment is completed.

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    –

    DNO ASA is a leading Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire and Yemen. More information is available at www.dno.no.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network –

  • MIL-OSI: Richemont posts solid start to the year for its first quarter ended 30 June 2025

    Source: GlobeNewswire (MIL-OSI)

    AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

    16 JULY 2025

    RICHEMONT POSTS SOLID START TO THE YEAR FOR ITS FIRST QUARTER ENDED 30 JUNE 2025

      
    Highlights for the quarter ended 30 June 2025

    • Group sales at € 5.4 billion, up by 6% at constant exchange rates and by 3% at actual exchange rates in a volatile macroeconomic and geopolitical context
    • Continued strength at Jewellery Maisons, up by 11% at constant exchange rates; softer sequential rate of decline at Specialist Watchmakers, down by 7%; ‘Other’, including Fashion & Accessories Maisons, at -1%
    • Double-digit growth in Europe, the Americas and Middle East & Africa; stable sales in Asia Pacific at constant exchange rates; Japan down on high comparatives in prior-year period
    • Consistent growth across all distribution channels, led by Jewellery Maisons
    • Robust net cash position at € 7.4 billion, after cash transferred to YNAP upon closing of the sales transaction with LuxExperience 
    April-June   2025 2024 Movement at:
        €m €m constant rates actual rates
    By region Europe 1 295 1 171 +11% +11%
      Asia Pacific 1 731 1 809 – -4%
      Americas  1 335 1 215 +17% +10%
      Japan  527 603 -15% -13%
      Middle East & Africa  524 470 +17% +11%
               
    By distribution channel Retail 3 734 3 631 +6% +3%
      Online retail  323 315 +6% +3%
      Wholesale and royalty income  1 355 1 322 +6% +2%
               
    By business area Jewellery Maisons 3 914 3 656 +11% +7%
      Specialist Watchmakers 824 911 -7% -10%
      Other 674 701 -1% -4%
    Total   5 412 5 268 +6% +3%

    Review of trading in the three-month period ended 30 June 2025 versus the prior-year period, at constant exchange rates

    Any long form references to Hong Kong, Macau and Taiwan within this company announcement are Hong Kong SAR, China; Macau SAR, China; and Taiwan, China respectively.

    At constant exchange rates, Group sales in the quarter ended 30 June 2025 rose by 6% in a volatile global macroeconomic and geopolitical context.

    The growth was led by double digit increases in Europe, the Americas and Middle East & Africa, more than offsetting Japan’s sales decline against high prior-year comparatives; sales in the Asia Pacific region remained stable. In Europe, sales grew by 11%, driven by robust demand from local clients and overall positive tourist spend, supported by successful high jewellery events. Almost all main markets in the region saw an increase in sales this quarter, with notable performances in Italy and Germany. In the Americas, sales growth remained strong at +17%, driven by supportive local demand across all business areas and markets. Sales in the Middle East & Africa region rose by 17%, led by the United Arab Emirates market as well as higher tourist spend. In Japan, sales declined by 15% against a demanding +59% comparative in the prior-year period, with a strengthening Yen strongly reducing tourist spend, most notably from Chinese clientele, whilst local demand remained positive. Asia Pacific sales were stable overall versus the prior-year period, as a 7% decline in China, Hong Kong and Macau combined was fully compensated by robust growth in almost all other Asian markets. Of note, sales in Australia and South Korea were up double digits.

    Growth was consistent across all distribution channels, each up by 6%, led by Jewellery Maisons. Retail sales accounted for 69% of Group sales, with growth across all regions excluding Japan. Wholesale sales growth was driven by solid increases in the Americas, Europe and Middle East & Africa. Online retail sales showed robust growth across almost all regions.

    The Group’s four Jewellery Maisons – Buccellati, Cartier, Van Cleef & Arpels and Vhernier – recorded an 11% rise in sales, marking a third consecutive quarter of double-digit growth, supported by both jewellery and watch product lines. All regions posted growth, except Japan that faced a very high comparative in the prior-year period. Specialist Watchmakers sales were 7% lower than the prior-year period, largely reflecting declines in sales in China, Hong Kong and Macau combined as well as in Japan, partly offset by double-digit growth in the Americas. The Group’s Other business area, which includes Fashion & Accessories Maisons, declined by 1% compared to the prior-year period. Notable highlights included continued solid momentum at Peter Millar and Alaïa, an encouraging performance at Chloé and robust growth at Watchfinder & Co.

    The Group’s net cash position at 30 June 2025 stood at € 7.4 billion (2024: € 7.3 billion) after accounting for the € 426 million cash-out upon completion of the sale of YNAP to Mytheresa on 23 April 2025.

    Corporate calendar

    The annual general meeting will be held on Wednesday 10 September 2025 in Geneva. The interim results for the current financial year will be announced on Friday 14 November 2025. The Group’s corporate calendar is available on https://www.richemont.com/investors/corporate-calendar/.

    About Richemont
    At Richemont, we craft the future. Our unique portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity. Richemont’s ambition is to nurture its Maisons and businesses and enable them to grow and prosper in a responsible, sustainable manner over the long term.

    Richemont operates in three business areas: Jewellery Maisons with Buccellati, Cartier, Van Cleef & Arpels and Vhernier; Specialist Watchmakers with A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons with Alaïa, Chloé, Delvaux, dunhill, G/FORE, Gianvito Rossi, Montblanc, Peter Millar, Purdey, Serapian as well as Watchfinder & Co. Find out more at https://www.richemont.com/ .

    Richemont ‘A’ shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index (‘SMI’) of leading stocks. The ‘A’ shares are also traded on the Johannesburg Stock Exchange, Richemont’s secondary listing.


    Investor/analyst and media enquiries

    Alessandra Girolami, Group Investor Relations Director

    James Fraser, Investor Relations Executive

    Investors/analysts enquiries: +41 22 721 30 03; investor.relations@cfrinfo.net 

    Media enquiries: +41 22 721 35 07; pressoffice@cfrinfo.net; richemont@teneo.com 

    Disclaimer

    The financial information contained in this announcement is unaudited.

    This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Richemont’s forward-looking statements are based on management’s current expectations and assumptions regarding the Company’s business and performance, the economy and other future conditions and forecasts of future events, circumstances and results. Our retail stores are heavily dependent on the ability and desire of consumers to travel and shop and a decline in consumers traffic could have a negative effect on our comparable store sales and/or average sales per square foot and store profitability resulting in impairment charges, which could have a material adverse effect on our business, results of operations and financial condition. Reduced travel resulting from economic conditions, retail store closure orders of civil authorities, travel restrictions, travel concerns and other circumstances, including disease epidemics and other health-related concerns, could have a material adverse effect on us, particularly if such events impact our customers’ desire to travel to our retail stores. International conflicts or wars, including resulting sanctions and restrictions on importation and exportation of finished products and/or raw materials, whether self-imposed or imposed by international countries, non-state entities or others, may also impact these forward-looking statements. If international tariffs are imposed or increased, materials and goods that Richemont imports may face higher prices, which could lead to reduced margins or increased prices that could cause decreased consumer demand. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Group’s control. Richemont does not undertake to update, nor does it have any obligation to provide updates of, or to revise, any forward-looking statements.

    © Richemont 2025

    This announcement does not contain full details and should not be used as a basis for any investment decision in relation to the Company’s shares. Please find the full announcement available in PDF below:

    Richemont FY26 – Q1 Sales PDF EN

    The MIL Network –

  • MIL-OSI: ASML reports €7.7 billion total net sales and €2.3 billion net income in Q2 2025

    Source: GlobeNewswire (MIL-OSI)

    ASML reports €7.7 billion total net sales and €2.3 billion net income in Q2 2025
    Full-year 2025 expected total net sales growth of around 15% with gross margin around 52%

    VELDHOVEN, the Netherlands, July 16, 2025 – Today, ASML Holding NV (ASML) has published its 2025 second-quarter results.

    • Q2 total net sales of €7.7 billion, gross margin of 53.7%, net income of €2.3 billion
    • Quarterly net bookings in Q2 of €5.5 billion2 of which €2.3 billion is EUV
    • ASML expects Q3 2025 total net sales between €7.4 billion and €7.9 billion, and a gross margin between 50% and 52%
    • ASML expects a full-year 2025 total net sales increase of around 15% relative to 2024, with a gross margin of around 52%
    (Figures in millions of euros unless otherwise indicated) Q1 2025   Q2 2025
    Total net sales 7,742   7,692
    …of which Installed Base Management sales1 2,001   2,096
    New lithography systems sold (units) 73   67
    Used lithography systems sold (units) 4   9
    Net bookings2 3,936   5,541
    Gross profit 4,180   4,130
    Gross margin (%) 54.0   53.7
    Net income 2,355   2,290
    EPS (basic; in euros) 6.00   5.90
    End-quarter cash and cash equivalents and short-term investments 9,104   7,248

    (1) Installed Base Management sales equals our net service and field option sales.
    (2) Net bookings include all system sales orders and inflation-related adjustments, for which written authorizations have been accepted.
    Numbers have been rounded for readers’ convenience. A complete summary of US GAAP Consolidated Statements of Operations is published on www.asml.com.


    CEO statement and outlook
    “Our second-quarter total net sales came in at €7.7 billion, at the top end of our guidance. The gross margin was 53.7%, above guidance, primarily driven by higher upgrade business and one-offs resulting in lower costs.

    “We see continued progress in litho intensity, particularly in DRAM, and the introduction of the TWINSCAN NXE:3800E reinforces that momentum. Meanwhile, EUV adoption is advancing as planned, including High NA. This quarter, we shipped the first TWINSCAN EXE:5200B system.

    “Looking at 2026, we see that our AI customers’ fundamentals remain strong. At the same time, we continue to see increasing uncertainty driven by macro-economic and geopolitical developments. Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage.

    “We expect third-quarter total net sales between €7.4 billion and €7.9 billion, with a gross margin between 50% and 52%. We expect R&D costs of around €1.2 billion and SG&A costs of around €310 million. For the full year 2025, we expect a 15% increase in total net sales and a gross margin of around 52%,” said ASML President and Chief Executive Officer Christophe Fouquet.

    Update dividend and share buyback program
    An interim dividend of €1.60 per ordinary share will be made payable on August 6, 2025.

    In the second quarter, we purchased around €1.4 billion worth of shares under the current 2022–2025 share buyback program.

    Details of the share buyback program as well as transactions pursuant thereto, and details of the dividend are published on ASML’s website (www.asml.com/investors).

    Media Relations contacts Investor Relations contacts
    Monique Mols +31 6 5284 4418 Jim Kavanagh +31 40 268 3938
    Willem van Ewijk +31 6 2744 1187 Pete Convertito +1 203 919 1714
    Karen Lo +886 9 397 88635 Peter Cheang +886 3 659 6771
    Sarah de Crescenzo +1 925 899 8985  

      
    Quarterly video interview and investor call
    With this press release, ASML is publishing a video interview in which CEO Christophe Fouquet and CFO Roger Dassen discuss the 2025 second quarter and outlook for 2025. This video and the video transcript can be viewed on www.asml.com shortly after the publication of this press release.

    An investor call for both investors and the media will be hosted by CEO Christophe Fouquet and CFO Roger Dassen on July 16, 2025 at 15:00 Central European Time / 09:00 US Eastern Time. Details can be found on our website.

    About ASML
    ASML is a leading supplier to the semiconductor industry. The company provides chipmakers with hardware, software and services to mass produce the patterns of integrated circuits (microchips). Together with its partners, ASML drives the advancement of more affordable, more powerful, more energy-efficient microchips. ASML enables groundbreaking technology to solve some of humanity’s toughest challenges, such as in healthcare, energy use and conservation, mobility and agriculture. ASML is a multinational company headquartered in Veldhoven, the Netherlands, with offices across EMEA, the US and Asia. Every day, ASML’s more than 44,000 employees (FTE) challenge the status quo and push technology to new limits. ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. Discover ASML – our products, technology and career opportunities – at www.asml.com.

    US GAAP and IFRS Financial Reporting
    ASML’s primary accounting standard for quarterly earnings releases and annual reports is US GAAP, the accounting principles generally accepted in the United States of America. Quarterly US GAAP Consolidated Statements of Operations, Consolidated Statements of Cash Flows and Consolidated Balance Sheets are available on www.asml.com.

    The Consolidated Balance Sheets of ASML Holding N.V. as of June 29, 2025, the related Consolidated Statements of Operations and Consolidated Statements of Cash Flows for the quarter and six-month period ended June 29, 2025, as presented in this press release, are unaudited.

    Today, July 16, 2025, ASML also published its Statutory Interim Report for the six-month period ended June 29, 2025. The Statutory Interim Report is available on www.asml.com.

    Regulated information
    This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Forward Looking Statements

    This document and related discussions contain statements that are forward-looking within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements with respect to plans, strategies, expected trends, including trends in the semiconductor industry and end markets and business environment trends, expected growth in the semiconductor industry by 2030, our expectation that AI will be the key driver for the industry and the expected impact of AI demand on our business and results, our expectation that lithography will remain at the heart of customer innovation, expected demand, bookings, outlook of market segments, outlook and expected financial results including 2025 second-half outlook, expected results for Q3 2025, including net sales, Installed Base Management sales, gross margin, R&D costs, SG&A costs, outlook for full year 2025, including expected full year 2025 total net sales, gross margin, estimated annualized effective tax rate and expected IBM sales, expected full-year net sales growth percentage relative to 2024, current expectations relating to 2026 including expected drivers and uncertainties and preparation for growth in 2026, statements made at our 2024 Investor Day, including modelled revenue and gross margin opportunity for 2030, statements with respect to tariff announcements and the expected impact of such tariffs on our business and results, our expectation to continue to return significant amounts of cash to shareholders through growing dividends and share buybacks, statements with respect to our share buyback program, and statements with respect to dividends, statements with respect to expected performance and capabilities of our systems and customer plans, statements with respect to our ESG strategy and commitments and other non-historical statements. You can generally identify these statements by the use of words like “may”, “expect”, “will”, “could”, “should”, “project”, “believe”, “anticipate”, “expect”, “plan”, “estimate”, “forecast”, “potential”, “intend”, “continue”, “target”, “future”, “progress”, “goal”, “model”, “opportunity”, “commitment” and variations of these words or comparable words. These statements are not historical facts, but rather are based on current expectations, estimates, assumptions, plans and projections about our business and our future financial results and readers should not place undue reliance on them. Forward-looking statements do not guarantee future performance and involve a number of substantial known and unknown risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to customer demand, semiconductor equipment industry capacity, worldwide demand for semiconductors and semiconductor manufacturing capacity, lithography tool utilization and semiconductor inventory levels, general trends and consumer confidence in the semiconductor industry, the impact of general economic conditions, including the impact of the current macroeconomic environment on the semiconductor industry, semiconductor market conditions, the ultimate impact of AI on our industry and business, the impact of inflation, interest rates, wars and geopolitical developments, the impact of pandemics, the performance of our systems, the success of technology advances and the pace of new product development and customer acceptance of and demand for new products, our production capacity and ability to adjust capacity to meet demand, supply chain capacity, timely availability of parts and components, raw materials, critical manufacturing equipment and qualified employees, our ability to produce systems to meet demand, the number and timing of systems ordered, shipped and recognized in revenue, risks relating to fluctuations in net bookings and our ability to convert bookings into sales, the risk of order cancellation, delays or push outs and restrictions on shipments of ordered systems under export controls, risks relating to the trade environment, import/export and national security regulations and orders and their impact on us, including the impact of changes in export regulations and the impact of such regulations on our ability to obtain necessary licenses and to sell our systems and provide services to certain customers, the impact of the tariff announcements, exchange rate fluctuations, changes in tax rates, available liquidity and free cash flow and liquidity requirements, our ability to refinance our indebtedness, available cash and distributable reserves for, and other factors impacting, dividend payments and share repurchases, the number of shares that we repurchase under our share repurchase program, our ability to enforce patents and protect intellectual property rights and the outcome of intellectual property disputes and litigation, our ability to meet ESG goals and commitments and execute our ESG strategy, other factors that may impact ASML’s business or financial results, and other risks indicated in the risk factors included in ASML’s Annual Report on Form 20-F for the year ended December 31, 2024 and other filings with and submissions to the US Securities and Exchange Commission. These forward-looking statements are made only as of the date of this document. We undertake no obligation to update any forward-looking statements after the date of this report or to conform such statements to actual results or revised expectations, except as required by law.

    Attachments

    The MIL Network –