Peter Kyle
24K posts

Peter Kyle
@peterkyle
Secretary of State for Business and Trade. Labour MP for Hove & Portslade.





UK economy returns to growth in May bbc.in/4fi1D7I

@biztradegovuk “belongs to the people” says every tinpot Marxist, everywhere. You can’t fix steel without ditching Labour’s ruinously high energy costs. MInisters need to stop channelling 1970s nationalisation vibes and come up with a proper plan to stop the deindustrialisation of Britain.

GDP grew by 0.7% in the 3 months to May 2026, following a revised growth of 0.8% in the 3 months to April 2026. Services (+0.7%), Production (+0.1%) and construction (+1.6%) were all up. Read more ➡️ ons.gov.uk/economy/grossd…

BREAKING: British Steel now belongs to the British people.



🚨 The UK and Switzerland have sealed a new trade deal. A major boost for UK business opening new opportunities, cutting barriers, and helping firms thrive in two of the world's leading services economies.

UK businesses will be able to test and bring new products to market more quickly thanks to regulation reforms. The measures will help ensure regulation can keep pace with the development of new technologies, helping to attract investment and support skilled jobs.

Great to see the @FT cover our $85m Employee Tender on the front page. Wayve is the first major company to use PISCES, London's new private market, which felt right for us as a British company competing at the frontier of AI. I’m proud that the special team who built @wayve_ai, including many of us in London, will have the chance to share in our now global success story!








