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Swinney has ‘bottled it’ on nuclear, Starmer says as he urges SNP to end ban

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Swinney has ‘bottled it’ on nuclear, Starmer says as he urges SNP to end ban



The Prime Minister has urged John Swinney to end the ban on nuclear energy in Scotland after announcing the UK’s first small modular reactor in Wales.

Sir Keir Starmer said the SNP had “bottled it” on nuclear which has caused jobs to “vanish”.

Anas Sarwar, the Scottish Labour leader, accused the First Minister of “student politics”. He has promised to end the ban if he becomes first minister after the 2026 Holyrood election.

He said the Scottish Government’s no-nuclear policy is costing the country thousands of jobs and billions in investment.

The Scottish Government has consistently been against the creation of new nuclear power stations north of the border, with control of planning laws giving ministers an effective veto.

Mr Sarwar joined Sir Keir in calling for the SNP to change the policy.

Sir Keir said: “For years, the Tory government in Westminster and the SNP government in Scotland bottled it on nuclear.

“They talked big, delivered little, and left the country exposed. It’s our communities that have paid the price for that, watching as jobs vanish and ambition withers.

“John Swinney’s knackered SNP government has failed. They’ve banned nuclear in Scotland and the opportunities it brings.

“Instead, they consume themselves with yesterday’s arguments on independence.”

The Labour leader said Britain was “entering a new age of nuclear power” which he said would deliver well-paid jobs that will put “pride back in our towns”.

He went on: “Two Labour governments are working together in Wales to deliver on that promise. And with Anas Sarwar, Scotland has the chance for a new direction.

“It’s time to reclaim our heritage, outpace the world, and prove that when it comes to nuclear, Britain doesn’t just remember its past – we’re ready to own the future.”

SNP ministers have raised concerns about the cost of projects, how long it will take to build them, and potential safety issues around waste.

But Mr Sarwar said “SNP incompetence” meant Scotland would lose jobs and investment from nuclear.

He said: “For too long, the SNP’s student politics opposition to new nuclear energy has held Scotland back.

“Scotland is full of potential for new nuclear projects – with thousands of jobs and billions of pounds of investment there to be won.

“But while other parts of the UK are forging ahead with the jobs and investment that new nuclear brings, Scotland is being prevented from benefiting due to SNP incompetence.

“As first minister I will end the SNP’s student politics block on new nuclear power and deliver the jobs and the clean energy Scotland needs and deserves.

“It’s time to turn the page on SNP failure and chart a new direction for Scotland.”

Energy Secretary Ed Miliband said a Scottish Labour government would invite nuclear bosses to Scotland on the first day of a Labour administration at Holyrood in a push for new reactors.

The UK Government has been pushing for new projects in a drive for greater energy security and the move away from fossil fuels

Responding to the comments, Paul McLennan MSP said: “Keir Starmer is fighting desperately to cling on to power, and Anas Sarwar is leading his party to third place.

“If they think the answer to their unpopularity is to force expensive, unnecessary nuclear power stations on Scotland they are in for a surprise.

“Expensive new nuclear power stations will push bills up even higher, take years to build and leave us dealing with dangerous waste for years to come.

“Scotland doesn’t want or need new nuclear, we have an abundance of clean energy resources. What we need is the fresh start of independence, so that we can harness these resources to bring energy bills down.”



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GST collections rise 8.2% in March 2026 to hit Rs 1.78 lakh crore – The Times of India

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GST collections rise 8.2% in March 2026 to hit Rs 1.78 lakh crore – The Times of India


GST collections: India’s net Goods and Services Tax (GST) collections increased to Rs 1.78 lakh crore in March 2026, marking a rise of 8.2% compared to the previous month, according to official figures released on Wednesday.Gross GST revenue for March stood at Rs 2 lakh crore, which is an 8.8% increase over the same month last year.Abhishek Jain, Indirect Tax Head & Partner, KPMG says, “GST collections continue to show steady 9% annual growth, supported by strong import activity this month and consistent compliance. While export refunds have eased this month but remain healthy overall for the year”Refunds during the month totalled Rs 0.22 lakh crore, up 13.8% on a year-on-year basis, which resulted in net GST collections of Rs 1.78 lakh crore.Domestic GST revenue reached Rs 1.46 lakh crore, registering a growth of 5.9%, while revenue from imports was recorded at Rs 0.54 lakh crore, rising sharply by 17.8% during the period.Post-settlement GST figures across states presented a varied trend. While industrially advanced states recorded strong growth, several others reported a decline.Maharashtra contributed the highest amount to the overall collections at Rs 0.13 lakh crore on a pre-settlement basis, followed by Karnataka and Gujarat.Among states showing an increase in post-settlement SGST collections were Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu, Telangana and Andhra Pradesh, among others.On the other hand, states such as Jammu and Kashmir, Chandigarh, Delhi, Arunachal Pradesh, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Chhattisgarh and Madhya Pradesh, among others, registered a decline in post-settlement SGST revenues.



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Iran war worries fail to dampen business sentiment in Japan

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Iran war worries fail to dampen business sentiment in Japan



Business sentiment among major Japanese manufacturers rose from 16 to 17 in March, according to the Bank of Japan’s quarterly survey released on Wednesday.

The improvement in the so-called diffusion index in the closely watched “tankan” report, recorded for the fourth quarter straight, comes even as worries grow about Japan’s economic growth and oil supplies because of the US-Israeli war on Iran.

The survey is an indicator of companies foreseeing good conditions minus those feeling pessimistic.

The index for large non-manufacturers, such as the service sector, stood unchanged from the last tankan at 36.

Japan’s inflation has so far remained relatively moderate, but worries are growing about prices at the gas stands and other products. Investors and consumers alike are filled with uncertainty about how much longer the war may last and what US president Donald Trump might say next. Japan’s benchmark Nikkei 225 has gyrated wildly in recent weeks.

Analysts say the Bank of Japan may start to raise interest rates because of concerns about inflation, given the soaring energy costs and declining yen, two elements that greatly affect living costs for the average Japanese consumer.

Historically, Japan has benefited from a weak yen because of its giant exports, exemplified in autos and electronics. A weak yen raises the value of exports’ earnings when converted into yen.

But in recent years, a weak yen is working as a negative, as resource-poor Japan imports much of its energy, as well as other key products such as food and manufacturing components.

The US dollar has been soaring against the yen lately.

Japan’s central bank had a negative interest rate policy for years to fight deflation until it normalised policy in 2024. It kept the rate unchanged at 0.75 per cent in March. The next Bank of Japan monetary policy board meeting is set for April 27 and 28.



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Iran war: Asia stocks jump after Trump suggests conflict could end in weeks

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Iran war: Asia stocks jump after Trump suggests conflict could end in weeks



The price of Brent crude oil to be delivered in May rose by a record 64% in March as the conflict disrupted energy supplies.



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