The UK government has announced a new task force and a 54 million pound package to attract world-class science and tech researchers and their teams to the country.
This was announced by UK Business and Trade Secretary Jonathan Reynolds ahead of the launch of the government's modern Industrial Strategy.
New Industrial Strategy coordinated task force will hunt for top talent to relocate to grow UK economy and boost public services as part of Plan for Change.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.