logo
Starmer to name ex-regulator Fingleton to lead nuclear taskforce

Starmer to name ex-regulator Fingleton to lead nuclear taskforce

Yahoo08-04-2025

A former boss of the competition regulator is to spearhead a review ordered by Sir Keir Starmer aimed at sparking a new wave of nuclear power construction in Britain.
Sky News has learnt that John Fingleton, who stepped down as chief executive of the Office of Fair Trading in 2012 and now runs a leading regulatory consulting firm, is to chair a taskforce announced by the prime minister in February.
Whitehall sources said Mr Fingleton's appointment to lead the nuclear regulatory task force could be announced by the PM as soon as next week.
Money: The groups most likely to see pensions hurt by market turmoil
The focus of the taskforce, which will report back to Sir Keir later this year, will be on incentivising investment in building new nuclear energy capacity in the UK.
News of Mr Fingleton's appointment comes days after it emerged that Ed Miliband, the energy secretary, had authorised a further £2.7bn of taxpayer funding for the Sizewell C nuclear plant in Suffolk.
A government source said on Tuesday: "After 14 years of no new nuclear, this government is determined to unlock the power of nuclear energy as part of our clean energy superpower mission.
"This includes reviewing regulation to drive delivery of new projects, and we will set out further plans in due course."
Announcing the review in February, the government said removing red tape would enable more nuclear power plants to gain approval, despite widespread scepticism from industry executives about the deliverability of the plans.
"For too long the country has been mired by delay and obstruction, with a system too happy to label decisions as too difficult, or too long-term," Downing Street said in a statement at the time.
"The UK was the first country in the world to develop a nuclear reactor, but the last time a nuclear power station was built was back in 1995.
"None have been built since, leaving the UK lagging behind in a global race to harness cleaner, more affordable energy."
Read more from Sky News:
It said that while just one new nuclear plant was under construction in Britain, China was building 29 reactors and there were 12 at the planning stage in the European Union.
"Our energy security has been hostage to Putin for too long, with British prices skyrocketing at his whims," Sir Keir said in February.
"I'm putting an end to it - changing the rules to back the builders of this nation, and saying no to the blockers who have strangled our chances of cheaper energy, growth and jobs for far too long."
Mr Fingleton could not be reached for comment on Tuesday.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Zelensky urges 'stronger' EU sanctions on Russia, lower oil price cap
Zelensky urges 'stronger' EU sanctions on Russia, lower oil price cap

Yahoo

time39 minutes ago

  • Yahoo

Zelensky urges 'stronger' EU sanctions on Russia, lower oil price cap

President Volodymyr Zelensky on June 11 called on the European Union to impose tougher sanctions against Russia, arguing that stronger financial pressure is necessary to curb Moscow's war effort. Speaking at the Ukraine-Southeast Europe Summit in Odesa, Zelensky said the upcoming 18th EU sanctions package "could be stronger," especially in targeting Russian oil tankers and the financial sector. He urged the EU to further reduce the price cap on Russian oil exports. "A ceiling of $45 per barrel of oil is better than $60, that's clear, that's true. But real peace will come with a ceiling of $30," he said. "That's the level that will really change the mindset in Moscow." After the 17th package of sanctions against Russia took effect on May 20, Ukraine's allies announced the following day that another round of restrictions was already in the works. European Commission President Ursula von der Leyen announced on June 10 that the EU is considering lowering the oil price cap from $60 to $45 per barrel — a measure that will be discussed at the upcoming G7 summit in Canada on June 15–17. The Kremlin's budget is increasingly strained by soaring military expenditures, with Russia's Finance Ministry relying heavily on energy revenues to fund the war against Ukraine. The push for tighter sanctions comes as Russia continues to reject ceasefire proposals and presses forward with military operations. Zelensky warned that Odesa remains one of Russia's "main targets," with plans to push beyond it toward the borders with Romania and Moldova. "Russia wants to destroy it, as it has done with countless cities and villages in the occupied territories," he said. "Russian military plans point to this region — Odesa — and then to the border with Moldova and Romania." Odesa is a major port city in southern Ukraine, located on the northwestern coast of the Black Sea. The president warned of possible destabilization efforts in the broader region, comparing the Kremlin's strategy to its previous interference in the Balkans. "We saw this before in the Balkans, where Russia intensified interethnic friction, carried out sabotage, and even attempted coups," Zelensky said. The Odesa summit was attended by several southeastern European leaders, including Serbian President Aleksandar Vucic and Romania's newly elected President Nicusor Dan. Vucic's trip marked his first official visit to Ukraine since the start of Russia's full-scale invasion. Read also: Ukrainian drones strike targets in Russia, including gunpowder plant, General Staff says We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.

UK agrees to check-free land border for Gibraltar but EU controls for flights
UK agrees to check-free land border for Gibraltar but EU controls for flights

Yahoo

timean hour ago

  • Yahoo

UK agrees to check-free land border for Gibraltar but EU controls for flights

The UK has reached a deal with the EU over Gibraltar's border with Spain that will allow travellers to cross by land without checks. The agreement on a 'fluid border' clears the way to finalise a post-Brexit deal on the territory with the EU. But those flying into Gibraltar from the UK will face one check from Gibraltarian officials and another by the Spanish on behalf of the EU. An agreement for the future relationship between the EU and the UK in relation to Gibraltar is now a reality. It is a historic agreement. — Fabian Picardo (@FabianPicardo) June 11, 2025 This is because the land border will allow those arriving by air access to the European Schengen free travel area unchecked once they are in Gibraltar. The UK and Gibraltar insisted the changes would not affect the British overseas territory's sovereignty. The airport will operate under a model similar to London's St Pancras station, where passengers pass through both UK and French passport checks to board international trains. Goods and customs checks will also eventually be removed in both directions under the agreement. The move could also see airlines start to add flights to Gibraltar from countries other than the UK in a boost to tourism. Officials say a hard border would have been introduced under the EU's incoming exit and entry control system if no deal was reached, causing delays for some 15,000 people who cross the border every day as every individual passport was checked. Talks on rules governing the border have been ongoing since Britain left the European Union in 2020. Foreign Secretary David Lammy said the previous Tory government left behind a situation that 'put Gibraltar's economy and way of life under threat'. He said the agreement was a 'breakthrough' after years of uncertainty. He said: 'Alongside the government of Gibraltar, we have reached an agreement which protects British sovereignty, supports Gibraltar's economy and allows businesses to plan for the long-term once again. 'I thank the chief minister and his government for their tireless dedication throughout the negotiations. The UK's commitment to Gibraltar remains as solid as The Rock itself.' Spanish foreign minister Jose Albares said the deal marked 'a new beginning' in the relationship between the UK and Spain. He said that Spain 'will guarantee free movement of people and goods', adding that Gibraltar would now be linked to the Schengen Area with Spanish authorities controlling entry and exit. I have always said nothing about Gibraltar, without Gibraltar. — David Lammy (@DavidLammy) June 11, 2025 President of the EU Commission Ursula von der Leyen welcomed the deal. In a post on X, she said: 'It safeguards the integrity of Schengen and the single market, while ensuring stability, legal certainty and prosperity for the region.' Gibraltar's chief minister Fabian Picardo said the deal would 'protect future generations of British Gibraltarians and does not in any way affect our British sovereignty'. 'Now is the time to look beyond the arguments of the past and towards a time of renewed co-operation and understanding. Now the deal is done, it's time to finalise the treaty,' he said. On Wednesday evening, Sir Keir Starmer spoke with Mr Picardo and thanked him for 'his years of hard work, commitment, and leadership to reach an agreement'. Spanish Prime Minister Pedro Sanchez also had a phone call with Sir Keir, and congratulated the British PM because 'his Government had succeeded where others had failed'. The Conservatives have said they will carefully review the UK's agreement with the EU on Gibraltar's border to see if it crosses any 'red lines' the party set out during its own negotiations when in government. Shadow foreign secretary Priti Patel said: 'Gibraltar is British, and given Labour's record of surrendering our territory and paying for the privilege, we will be reviewing carefully all the details of any agreement that is reached.' Mr Lammy held talks with Gibraltar's leaders, members of the opposition and the business community before leaving the British overseas territory to head to Brussels on Wednesday morning. Gibraltar was ceded to the UK by Spain in 1713 and the population is heavily in favour of remaining a British overseas territory. The last time it voted on a proposal to share sovereignty with Spain, in 2002, almost 99% of Gibraltarians rejected the move. Gibraltar also hosts an RAF base at its airport and an important naval facility.

With retail cyberattacks on the rise, customers find orders blocked and and empty shelves
With retail cyberattacks on the rise, customers find orders blocked and and empty shelves

The Hill

timean hour ago

  • The Hill

With retail cyberattacks on the rise, customers find orders blocked and and empty shelves

NEW YORK (AP) — A string of recent cyberattacks and data breaches involving the systems of major retailers have started affecting shoppers. United Natural Foods, a wholesale distributor that supplies Whole Foods and other grocers, said this week that a breach of its systems was disrupting its ability to fulfill orders — leaving many stores without certain items. In the U.K., consumers could not order from the website of Marks & Spencer for more than six weeks — and found fewer in-store options after hackers targeted the British clothing, home goods and food retailer. A cyberattack on Co-op, a U.K. grocery chain, also led to empty shelves in some stores. Cyberattacks have been on the rise across industries. But infiltrations of corporate technology carry their own set of implications when the target is a consumer-facing business. Beyond potentially halting sales of physical goods, breaches can expose customers' personal data to future phishing or fraud attempts. Here's what you need to know. Despite ongoing efforts from organizations to boost their cybersecurity defenses, experts note that cyberattacks continue to increase across the board. In the past year, there's also been an 'uptick in the retail victims' of such attacks, said Cliff Steinhauer, director of information security and engagement at the National Cybersecurity Alliance, a U.S. nonprofit. 'Cyber criminals are moving a little quicker than we are in terms of securing our systems,' he said. Ransomware attacks — in which hackers demand a hefty payment to restore hacked systems — account for a growing share of cyber crimes, experts note. And of course, retail isn't the only affected sector. Tracking by NCC Group, a global cybersecurity and software escrow firm, showed that industrial businesses were most often targeted for ransomware attacks in April, followed by companies in the 'consumer discretionary' sector. Attackers know there's a particular impact when going after well-known brands and products that shoppers buy or need every day, experts note. 'Creating that chaos and that panic with consumers puts pressure on the retailer,' Steinhauer said, especially if there's a ransom demand involved. Ade Clewlow, an associate director and senior adviser at the NCC Group, points specifically to food supply chain disruptions. Following the cyberattacks targeting M&S and Co-op, for example, supermarkets in remote areas of the U.K., where inventory already was strained, saw product shortages. 'People were literally going without the basics,' Clewlow said. Along with impacting business operations, cyber breaches may compromise customer data. The information can range from names and email addresses, to more sensitive data like credit card numbers, depending on the scope of the breach. Consumers therefore need to stay alert, according to experts. 'If (consumers have) given their personal information to these retailers, then they just have to be on their guard. Not just immediately, but really going forward,' Clewlow said, noting that recipients of the data may try to commit fraud 'downstream.' Fraudsters might send look-alike emails asking a retailer's account holders to change their passwords or promising fake promotions to get customers to click on a sketchy link. A good rule of thumb is to pause before opening anything and to visit the company's recognized website or call an official customer service hotline to verify the email, experts say. It's also best not to reuse the same passwords across multiple websites — because if one platform is breached, that login information could be used to get into other accounts, through a tactic known as 'credential stuffing.' Steinhauer adds that using multifactor authentication, when available, and freezing your credit are also useful for added lines of defense. A range of consumer-facing companies have reported cybersecurity incidents recently — including breaches that have caused some businesses to halt operations. United Natural Foods, a major distributor for Whole Foods and other grocers across North America, took some of its systems offline after discovering 'unauthorized activity' on June 5. In a securities filing, the company said the incident had impacted its 'ability to fulfill and distribute customer orders.' United Natural Foods said in a Wednesday update that it was 'working steadily' to gradually restore the services. Still, that's meant leaner supplies of certain items this week. A Whole Foods spokesperson told The Associated Press via email that it was working to restock shelves as soon as possible. The Amazon-owned grocer's partnership with United Natural Foods currently runs through May 2032. Meanwhile, a security breach detected by Victoria's Secret last month led the popular lingerie seller to shut down its U.S. shopping site for nearly four days, as well as to halt some in-store services. Victoria's Secret later disclosed that its corporate systems also were affected, too, causing the company to delay the release of its first quarter earnings. Several British retailers — M&S, Harrods and Co-op — have all pointed to impacts of recent cyberattacks. The attack targeting M&S, which was first reported around Easter weekend, stopped it from processing online orders and also emptied some store shelves. The company estimated last month that the it would incur costs of 300 million pounds ($400 million) from the attack. But progress towards recovery was shared Tuesday, when M&S announced that some of its online order operations were back — with more set to be added in the coming weeks. Other breaches exposed customer data, with brands like Adidas, The North Face and reportedly Cartier all disclosing that some contact information was compromised recently. In a statement, The North Face said it discovered a 'small-scale credential stuffing attack' on its website in April. The company reported that no credit card data was compromised and said the incident, which impacted 1,500 consumers, was 'quickly contained.' Meanwhile, Adidas disclosed last month that an 'unauthorized external party' obtained some data, which was mostly contact information, through a third-party customer service provider. Whether or not the incidents are connected is unknown. Experts like Steinhauer note that hackers sometimes target a piece of software used by many different companies and organizations. But the range of tactics used could indicate the involvement of different groups. Companies' language around cyberattacks and security breaches also varies — and may depend on what they know when. But many don't immediately or publicly specify whether ransomware was involved. Still, Steinhauer says the likelihood of ransomware attacks is 'pretty high' in today's cybersecurity landscape — and key indicators can include businesses taking their systems offline or delaying financial reporting. Overall, experts say it's important to build up 'cyber hygiene' defenses and preparations across organizations. 'Cyber is a business risk, and it needs to be treated that way,' Clewlow said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store