Press release: Global problems to be tackled by UK from space

  • New register of UK space companies will promote services abroad
  • List includes more than 50 solutions for global challenges, such as natural disasters and food production
  • Governments and Non-Governmental Organisations can work together with UK space companies to benefit communities and save lives.

The new register of specialist products and services, from companies and universities, and funded by UK aid, has been organised by the UK space industry and offers ways to use cutting edge space technologies to solve some of the world’s global challenges in agriculture, health and energy.

It provides international governments, donors, Non-Governmental Organisations and companies, with information on cost-effective ways to help development goals.

Science Minister Chris Skidmore said:

We can be proud that many of the companies at the cutting edge of the latest space technologies are based right here in the UK, providing high skilled, well paid jobs right across the country.

Today’s new directory showcases what the UK space industry has to offer, giving details of what is already being achieved as far afield as Asia, Africa and South America, and offering a single place to tap into this expertise and these services.

The huge growth opportunity for the UK space sector is supported through our modern Industrial Strategy, promoting both here and abroad the best that British businesses can offer, helping deliver thousands of highly skilled jobs and boosting our economy.

There has been significant growth in the UK space sector in recent years which provides £14.8 billion in total income, 37% of which is generated by international trade. Satellite services, such as Earth observation and communications, support a wealth of other sectors worth an estimated £300 billion of UK GDP.

Dr Graham Turnock, Chief Executive of the UK Space Agency, said:

The UK space sector generates billions of pounds for our economy and 42,000 jobs, and it also makes a real impact on the lives of people all over the world.

For the first time this directory provides a global platform to showcase UK expertise in using space to support sustainable development. This ‘one-stop shop’ offers innovative and cost-effective solutions to some of the major problems faced by developing countries and emerging economies.

The services in the catalogue are drawn from the UK Space Agency’s International Partnership Programme, the largest of its kind in the world, which is already working in more than 30 countries across Africa, Asia and South America.

The £152 million programme uses UK expertise to benefit communities in developing and emerging economies, while building effective partnerships that can lead to growth and opportunities for the UK’s thriving space sector. It is an example of how UK development spending can tackle serious global challenges and advance common interests.

Potential users can search through categories that best describe their requirements and learn about the solutions the UK space sector offers.

Andrew Carrel, Chief Technology Officer at Rezatec, said:

Rezatec is delighted to be a part of the UKSA IPP programme, which is a great opportunity to demonstrate our geospatial data analytics services to a global audience through the COMPASS project. This deployment to improve crop yields and incomes for farmers in Mexico is a demonstration of our capability in agriculture. This complements our data services for the commodities, forestry, infrastructure and water sectors, which are used by businesses and government agencies around the world.

Andy Wells, EASOS Business Head at Satellite Applications Catapult Limited, said:

This is a huge step forward as it will build understanding of the potential of space to meet global issues and challenges. We create some superb capability in the UK and this catalogue will generate opportunity for both our academic and commercial space sector.

Additional information:

The UK Space Agency’s International Partnership Programme (IPP) is a five-year, £152 million programme designed to partner UK space expertise with overseas governments and organisations. It is funded with UK aid through the Department for Business, Energy and Industrial Strategy’s Global Challenges Research Fund (GCRF) a £1.5 billion fund. All projects are match-funded by consortium members and international partners to ensure maximum value for money.




Press release: CMA recommends shake-up of UK audit market

The Competition and Markets Authority (CMA) has published its final report with recommendations to address serious competition problems in the UK audit industry.




Press release: CMA recommends shake-up of UK audit market

Legislation is needed to address both the vulnerability of the industry to the loss of one of the Big 4, and the current inadequate choice and competition.

The CMA is recommending the separation of audit from consulting services, mandatory ‘joint audit’ to enable firms outside the Big 4 to develop the capacity needed to review the UK’s biggest companies, and the introduction of statutory regulatory powers to increase accountability of companies’ audit committees.

The CMA’s recommendations follow extensive discussions with audit firms, investors and major UK companies on its update paper – published in December. They also take account of the recommendations of a major report from the Business Select Committee, and the inquiry into regulation led by Sir John Kingman.

The recommendations are:

Operational split

Auditors should focus exclusively on producing the most challenging and objective audits, rather than being influenced by their much larger consultancy businesses. Given the difficulties with an immediate global structural split, the CMA is – at this stage – recommending an operational split of the Big 4’s UK audit work. This will require separate management, accounts and remuneration: a separate CEO and board for the audit arm; separate financial statements for the audit practice; an end to profit-sharing between audit and consultancy, and promotions and bonuses based on the quality of the audits.

More choice to increase resilience: mandatory joint audit

More choice and competition for the audits of big businesses can and should drive up their quality, but the barriers to entry for ‘challenger’ audit firms are currently large. The CMA recommends mandatory joint audit, to increase the capacity of challengers, to increase choice in the market and thereby drive up audit quality. Challenger firms should work alongside the Big 4 in these joint audits and should be jointly liable for the results. There should be initial limited exceptions to the requirement, based on criteria set by the regulator, focused on the largest and most complex companies. In addition, any company choosing a sole ‘challenger’ auditor should be exempt. Audits of exempt companies may be subject to rigorous, real-time peer reviews commissioned by and reporting to the regulator. The joint audit requirement should remain in place until the regulator determines that choice and competition have improved enough to address the vulnerability of the market to the loss of one of the Big 4.

Regulation of UK companies’ audit committees

It is essential that audit committees choose auditors by seeking those likely to provide the most robust and constructive challenge to the accounting practices of their companies. The CMA recommends that the regulator should hold audit committees more vigorously to account. This may include ensuring that committees report their decisions as they hire and supervise auditors, and that the regulator issues public reprimands to companies whose committees fall short of adequate scrutiny of their auditors.

A 5 year review of progress by the regulator

The regulator should review the effects of these changes periodically, in the first instance five years from full implementation. This should consider in particular: the merits of moving to independent appointment for auditors; whether to go beyond the operational split already proposed; and how to fine-tune the joint audit remedy to adapt to market developments.

CMA Chairman Andrew Tyrie said:

People’s livelihoods, savings and pensions all depend on the auditors’ job being done to a high standard. But too many fall short – more than a quarter of big company audits are considered sub-standard by the regulator. This cannot be allowed to continue.

The Government now has three reports to hand. In large part, they come to similar conclusions. Conflicts of interest cannot be allowed to persist; nor can the UK afford to rely on only four firms to audit Britain’s biggest companies any longer. Early action will require legislation – hence the CMA’s proposals.

CMA’s Chief Executive, Andrea Coscelli, also commented:

The UK is recognised as having a strong history in the fields of corporate governance and accounting.

Our recommendations, along with improvements to regulation and clarifying the purpose and scope of audits, will ensure the UK strengthens its position.

We look forward to supporting the Government as it considers how best to take forward these changes through legislation, alongside Sir John Kingman’s recommendations on regulation and the results from Sir Donald Brydon’s review on the quality and effectiveness of audit.

Notes to editors:

  1. Market studies are carried out using powers under Part Four of the Enterprise Act 2002. Market Studies can result in a range of outcomes including recommendations to government, enforcement action and referral for market investigation.
  2. The CMA’s work has taken account of the Secretary of State’s request that it ‘be ambitious in its thinking and move swiftly on this issue’ (Letter from the Rt Hon Greg Clark to Lord Tyrie, 9 October 2018).
  3. The Government has committed to responding to CMA market study recommendations within 90 days. The CMA normally publishes such responses on its website.
  4. The Big Four audit firms in the UK are Ernst & Young (EY), Deloitte, KPMG and PricewaterhouseCoopers (PwC).
  5. The CMA has taken account of the other reviews of the audit market, including Sir John Kingman’s report on the sector regulator, the Government’s consultation on his work and Sir Donald Brydon’s review of the quality and effectiveness of audit. It has also taken into account the recommendations made by the BEIS Select Committee in its review of the audit market.
  6. Media queries should be directed to: press@cma.gov.uk or 020 3738 6460.



News story: Universities urged to boost support for armed forces

Universities should do more to support ex-service personnel and the children of servicemen and women who have lost their lives during duty, the UK Government has urged today (18 April).

In a joint letter to all UK universities, the Universities Minister and Defence Minister have called on institutions to step up and support those that have sacrificed the most, by signing up to the Armed Forces Covenant.

The Armed Forces Covenant aims to remove barriers faced by members of the armed forces community in accessing public services, including education. Only 57 of 136 UK universities have signed up to the Covenant to date, with just 3 of the 24 Russell Group universities pledging their support.

Universities can support the Covenant in a number of ways including ensuring admissions policies reflect the needs of the armed forces community, benchmarking military experience and qualifications against course entry requirements or having a presence at local careers fairs for those leaving the services.

The Ministers are also calling on universities to establish armed forces champions within each institution, which would be empowered to uphold the commitments of the Covenant, and to act as a first point of contact for the military community, service charities, and local businesses.

The call comes as the Department for Education confirms £5 million in continued funding for higher education schemes in England for the armed forces. The Service Leavers Scheme pays the tuition fees for ex-service personnel who have not studied higher education before, and the Armed Forces Bereavement Scheme provides university scholarships for children of those killed in the line of duty.

Universities Minister Chris Skidmore said:

We want everyone with the talent and potential, no matter their circumstances or background, to go on to university and thrive.

The scholarships offered by these two crucial higher education schemes empower those who have fought for our country, or whose parents have paid the ultimate sacrifice.

Nearly 60 of our universities have signed up to delivering the Armed Forces Covenant, which provides rights for veterans and their families to access education, and I know universities such as Winchester have long had outreach programmes with their local armed forces communities. I’m sure all universities will wish to consider the benefits of being a civic university that supports armed forces families in their communities, which is why I have written urging them all to actively consider signing up to the Covenant.

Minister for Defence People and Veterans Tobias Ellwood said:

Signing the Armed Forces Covenant is a fantastic way to show support for our former and current service men and women, as well as their families. Thousands of businesses and organisations have already pledged to make a difference, and I’m pleased that so many of this country’s universities have already followed in their footsteps – with the Universities of South Wales and Lincolnshire and London South Bank University receiving awards last year for their work supporting the military community.

Today, I want to make sure that all universities understand the value of supporting our armed forces and their families, and I encourage them to step up and sign our pledge.

The participation rate for young people from military service families in higher education is 24 per cent, according to research by the University of Winchester. This compares with a rate of approximately 43% for the overall population.

Universities which have already signed up to the Armed Forces Covenant are leading the way with support for military personnel and their families, pledging to support those who wish to serve in the armed forces as Reservists, and offering flexible leave before or after deployment to personnel and their partners.

Some universities have also included Service children as a target group in their Access and Participation Plans, which all English universities will be drawing up this year for implementation in 2020/21.

The University of Winchester leads a number of initiatives to support children from military families to progress in education, including developing resources for higher education providers to use in outreach activities.




Speech: Standing by the people of Sudan

Thank you, Mr President. We all know this meeting takes place amidst uncertain times in Sudan.

The African Union’s Peace and Security Committee issued a clear statement two days ago. Recent developments and what happens over the coming days have an impact on Darfur and potentially the wider region. The Council has to consider the implications of these important political developments. I will therefore divide my intervention into two: firstly, on the wider situation in Sudan and secondly, the impact of that wider situation on Darfur and UNAMID.

Mr President, on the 11th of April, we witnessed the climax of four months of peaceful protests demanding change and a better future for Sudan. Let us admire the bravery and determination of the Sudanese people, which saw the removal of a president who had headed a brutal regime for 30 years. However, the legitimate change that the Sudanese people are demanding has not yet been achieved. The Transitional Military council must listen to the people who continue to protest.

And first and foremost, Mr President, the authorities must protect the ongoing peaceful protests and continue to exercise restraint. The Sudanese authorities have a responsibility to uphold human rights and fundamental freedoms, including the right to peaceful assembly. There must be no violence, no forced removal of protesters.

We are at a moment when the Sudanese authorities have an opportunity to build trust with their people and the international community. They should seize this opportunity and demonstrate that they are genuinely committed to ending Sudan’s history of violent repression. The people are saying that Sudan needs a political system which is inclusive, respectful of human rights and the rule of law and properly constitutionally rooted. The United Kingdom stands with the Sudanese people and supports the African Union’s call for Sudan to return swiftly to civilian rule.

All need to work together in an inclusive political transition. And in particular, women have played a critical role in the protest movement. Their contributions will be vital in the political transition process and the subsequent civilian government.

Mr President, the protesters have, from the beginning, demanded accountability. The United Kingdom supports that call. We believe there must be justice for the crimes committed by individuals within the former government of Sudan. It is right that the Sudanese people should hold those individuals accountable. Of course, we fully support the International Criminal Court and expect full cooperation by all States with the Court and its Prosecutor.

Mr President, the latest political developments have a direct impact on Darfur. We, like others, are concerned by reports of violent clashes in several locations in recent days, which have resulted in civilian death and injury. In particular, on 15 April, as reported by UNAMID, in Kalma internally displaced persons camp, 16 IDPs were killed. I have a question for the Joint Special Representative: what was the response of the two UNAMID-formed police units stationed in Kalma to this incident?

We have also seen the negative impact of recent political turmoil on the door for peace process, which is currently stalled. It is vital for the future stability of Darfur, but also wider Sudan and the region, that we, as a Council, maintain our expectation that progress is made in finding a peaceful solution to the root causes of the conflict.

Mr President, throughout UNAMID’s drawdown, the United Kingdom has consistently called for a gradual and sensible approach, guided by the situation on the ground. And we share the Secretary-General’s assessment that ongoing political and economic uncertainty pose a number of challenges for a responsible exit of UNAMID and the transition to peace building. The international community must not abandon its responsibility to ensure that a handover of UNAMID responsibilities and assets is done appropriately and to those with capacity to manage the ongoing tasks. There remains a high level of need in Darfur and the root causes of conflict have not yet been resolved. An immediate step the Transitional Military Council could take to build confidence and alleviate need would be to abolish the burdensome system of approvals and permits which hinders delivery of humanitarian assistance.

We need to think carefully about how best we tackle these issues after UNAMID’s eventual departure and, in particular, what sort of AU and UN presence on the ground is needed to provide the expertise and programmatic ability and to ensure a proper flow of financial support to address ongoing challenges. We therefore encourage the African Union and the United Nations to make recommendations to the Council on what those future arrangements should be.

Mr President, Sudan is at a crossroads. The Transitional Military Council faces a choice. It should listen to the Sudanese people, respect their legitimate demand for civilian rule and enable the transition to a system which respects human rights, democracy and fundamental freedoms and delivers accountability. Making that choice would mean a new Sudan. It would be a Sudan respected in the international community of nations. It would bring support and resources from across the globe, both to underpin the resolution of longstanding peace processes including Darfur and also to support Sudan’s own economic and social development. It would herald a new chapter in Sudan’s relations with its region and with the world.

The people of Sudan have shown incredible bravery and perseverance in their dignified demands for an end to a brutal, unaccountable regime, which has impoverished its own people through decades of economic mismanagement. The Sudanese people have forced change in their country. I salute them. Let us stand by them.

Thank you, Mr President.