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Tag: Cabinet Secretary (United Kingdom)
Virgin Media O2 Signs Major Onshore Wind Power Deal with TRIG for UK Operations
Virgin Media O2 has secured a decade-long corporate power purchase agreement with The Renewables Infrastructure Group for wind energy from two UK facilities. The deal reportedly covers 15% of the telecom giant’s total energy needs and supports its accelerated net zero timeline.
Major Renewable Energy Partnership Announced
Telecommunications provider Virgin Media O2 has entered into a significant corporate Power Purchase Agreement (PPA) with The Renewables Infrastructure Group (TRIG) for power generated from two onshore wind farms in the United Kingdom, according to reports. The ten-year agreement, set to commence in April 2026, is expected to supply approximately 15 percent of the company’s total energy requirements.
UK Rare Earths Refinery Scrapped as Project Shifts to US Amid China Market Dominance
A major UK rare earths refinery project at Saltend has been abandoned as developer Pensana shifts focus to the United States. The decision highlights growing tensions in global critical minerals supply chains and China’s market dominance in the sector.
UK Rare Earths Refinery Project Abandoned
A planned rare earths refinery in the United Kingdom has been scrapped in favor of developing similar facilities in the United States, according to reports. The Saltend chemical park project, which would have given the UK a strategic position in the rare earths industry currently dominated by China, has been officially dropped by developer Pensana.
UK Chancellor Launches Sterling 20 Pension Initiative to Boost Domestic Investment
Chancellor Rachel Reeves is launching the Sterling 20 initiative with major UK pension funds managing £3tn in assets. The plan aims to replicate Canada’s successful pension investment model and boost funding for British infrastructure projects ahead of next week’s Regional Investment Summit.
Major Pension Funds Unite for UK Investment Push
Chancellor Rachel Reeves will reportedly launch the “Sterling 20” initiative next week with approximately 20 of the UK’s largest pension funds, aiming to streamline investment in British infrastructure and growth projects, according to sources familiar with the plans. The initiative seeks to replicate Canada’s successful pension investment model that has demonstrated significant results in domestic project funding.
UK Government Denies Cummings’ Claims of China Breaching Top-Secret Intelligence Systems
Former government adviser Dominic Cummings has claimed China successfully breached highly classified UK intelligence systems containing sensitive material. However, the Cabinet Office and cybersecurity experts have strongly disputed these allegations, creating a significant controversy in government security circles.
Controversial Claims Emerge About Security Breach
Dominic Cummings, former chief adviser to Prime Minister Boris Johnson, has made explosive claims that China successfully breached high-level UK government systems used to transfer classified intelligence material, according to reports. Cummings specifically alleged that so-called “Strap material,” a government classification for highly sensitive intelligence data, was compromised during the incident.