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...He set aside £520mn in his November Autumn Statement to “build resilience for future health emergencies and capitalise on the UK’s R&D strengths”....
...Brigety on Thursday said South Africa had placed arms on the Lady R, a vessel owned by a Russian fleet company, in December....
...That means that the “R” word will be hanging around the prime minister’s neck until at least May, when the next quarterly GDP figures are released, unless last year’s figures are revised upwards in the meantime...
...Anderson last year told local Tory activists in Cambridgeshire: “Now there is a political party that begins with an R that offered me a lot of money to join them....
...“Sunak’s big claim is that he knows how to run the economy, but if the ‘R’ word is being discussed in an election year, that’s very bad for him. We want to fight the election on the economy.”...
...Tom Josephs, an OBR committee member, warned the Lords against reading too much into the monthly public finance numbers, which showed lower-than-expected debt interest payments....
...The R-word now hanging around Rishi Sunak, which she was quick to exploit....
...Ramaphosa’s government lobbied US officials and lawmakers to let South Africa remain in Agoa and mounted an investigation that concluded that arms had not been found on the Lady R, a Russian transport vessel...
...The US state department said on Sunday it appreciated “the seriousness” of the inquiry panel’s investigation into the Lady R....
...Net income increased slightly to a record R$2.2bn ($424mn), despite a R$1.2bn provision linked to a retail chain hit by an accounting scandal that affected several other lenders in Brazil....
...Letter in response to this article: Rejoining Horizon puts Britain back in the global R&D race / From Sam Laidlaw, Chair, National Centre for Universities and Business, London SE1, UK...
...george.parker@ft.com...
...Other existing schemes include £1.4bn of joint government and industry funding to develop emerging vehicle technologies, £685mn for aerospace R&D and the £650mn “high-value manufacturing catapult” to help...
FT reconstructs the five-month journey that Washington says was used to secretly transport weapons sought by Moscow
...George Parker is the FT’s political editor. Lucy Fisher is the FT’s Whitehall editor Follow @FTMag to find out about our latest stories first...
...Sunak “must not have had the same lessons as I got in primary school at St Joseph’s Camperdown: ‘Stay in your crease’,” Albanese told the Sydney Morning Herald newspaper....
...The scandal over the Lady R is likely to overshadow these efforts....
...Ramaphosa has identified a retired judge to head the Lady R inquiry but has yet to name that person or finalise the terms of reference for the probe, his office said this week....
...Reuben Brigety, the US ambassador to South Africa, said this week that South Africa had placed arms on the Lady R, a cargo vessel owned by a US sanctioned Russian company, during a stop in Cape Town in December...
...The proportion of adults holding shares more than trebled during the 1980s, from around 7 per cent to 25 per cent, according to a working paper by David Parker of the Cranfield School of Management....
Global management consultancy had been barred in August due to its role in a South Africa corruption scandal
...Badenoch said Britain would provide “targeted support”, boost R&D, remove bureaucratic barriers, accelerate the rollout of charging points for electric vehicles and address potential trade problems....
...Additional reporting by George Parker...
...“We are prepared to support our R&D sector in all scenarios,” a spokesperson said....
...Pre-salt production rose from 41,000 b/d in 2010 to 2.3mn last year, fuelling record annual profits of R$188bn (US$39bn) and dividends of R$216bn at the company....
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