UK News

Title

UK government to acquire cutting-edge satellite network

July 14, 2020, 9:13:35 AM

GOV.UK

Posted on: 3 July 2020

UK government to acquire cutting-edge satellite network

Image of Cinematic Blue Earth View From Space At Night To Europe

The government has today (3 July) led a successful bid to acquire OneWeb, which develops cutting-edge satellite technology in the UK and in the US.

The move signals the government’s ambition for the UK to be a pioneer in the research, development, manufacturing, and exploitation of novel satellite technologies through the ownership of a fleet of Low Earth orbit satellites.

Business Secretary Alok Sharma confirmed that the government will invest $500 million and take a significant equity share in OneWeb. This is alongside Bharti Global Ltd, which is part of a group that controls the third-largest mobile operator in the world. Bharti will provide the company commercial and operational leadership, and bring OneWeb a revenue base to contribute towards its future success.

The deal will enable the company to complete construction of a global satellite constellation that will provide enhanced broadband and other services to countries around the world.

The deal also offers the UK strategic opportunities across a wide range of other applications, working with our international allies.

With a sovereign global satellite system, the UK will further develop its advanced manufacturing base, making the most of its highly skilled workforce as the hardware is further developed and equipment and services are deployed to make the most of this unique capability.

OneWeb will also contribute to the government’s plan to join the first rank of space nations, along with our commitment to making the UK a world leader in science, research and development.

The deal is subject to US court approval and regulatory clearances and is expected to close before the end of the year.

It follows the formation of the UK’s first-ever National Space Council, chaired by the Chancellor of the Exchequer, to consider how space policy can enhance the country’s prosperity and place in the world, as well as our wider national security interests.

The UK space sector is an economic success story, growing by over 60% since 2010. The sector, which already supports £300 billion of UK economic activity through the use of satellite services, is expected to grow further as new commercial opportunities are unlocked by this agreement.

OneWeb was formed in 2012 and has been developing cutting-edge satellite technology from its bases both here in the UK and in the United States.

The UK government will have a final say over any future sale of the company, and over future access to OneWeb technology by other countries on national security grounds.

UK, GOVERNMENT, Bharti Global Ltd

Reunite Warwickshire communities with a new footbridge

August 13, 2020, 2:02:30 PM

UK NEWS

Posted on: 24 July 2020

Reunite Warwickshire communities with a new footbridge

Bridge lift. The 128 tonnes, the 35.4-metre concrete bridge being safely removed in April.

Two Warwickshire communities will soon be reunited thanks to a new footbridge over the busy A46 near Coventry.

UK news live, UK daily news, UK news today

Funds for Grassroots Music venues

August 13, 2020, 10:49:37 AM

UK NEW TODAY

Posted on: 25 July 2020

Funds for Grassroots Music venues

Playing guitar, Credit- Image by Pexels from Pixabay

The first portion fund of £1.57 billion culture recovery package will go towards saving music venues from insolvency.

UK news live, UK news today, MUSIC, FUNDS

NHS nurse in England increase with 13,502 more than 2019

August 13, 2020, 9:35:59 AM

GOV.UK

Posted on: 23 July 2020

NHS nurse in England increase with 13,502 more than 2019

Representative image of nurses. Credit- Image by rawpixel.com

The number of doctors in the NHS has also risen by 7,890, figures to the end of April 2020 show.

UK news live, UK daily news, UK news today

Restaurateurs disqualified for abusing the tax regime

August 12, 2020, 8:13:51 PM

GOV.UK

Posted on: 23 July 2020

Restaurateurs disqualified for abusing the tax regime

Table restaurant Photo by form PxHere

Two restaurateurs disqualified from managing companies after they caused their companies to abuse the tax regime.

ENGLAND, UK daily news, UK news

MORE UK NEWS 

Reunite Warwickshire communities with a new footbridge

Reunite Warwickshire communities with a new footbridge

August 13, 2020, 2:02:30 PM

UK NEWS

Funds for Grassroots Music venues

Funds for Grassroots Music venues

August 13, 2020, 10:49:37 AM

UK NEW TODAY

NHS nurse in England increase with 13,502 more than 2019

NHS nurse in England increase with 13,502 more than 2019

August 13, 2020, 9:35:59 AM

GOV.UK

Restaurateurs disqualified for abusing the tax regime

Restaurateurs disqualified for abusing the tax regime

August 12, 2020, 8:13:51 PM

GOV.UK

Dipesh J Shah OBE announced as new Highways England chair

Dipesh J Shah OBE announced as new Highways England chair

August 11, 2020, 8:53:41 AM

GOV.UK