Business
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.”
Business
Strategic sovereignty a guiding imperative in reshaping global economy, say CEOs – The Times of India
NEW DELHI: In a rapidly reshaping global economy, strategic sovereignty has emerged as a guiding imperative, as nations navigate global supply chains while safeguarding critical capabilities in an increasingly fragmented world, global business leaders said. During a panel discussion, KPMG India CEO Yezdi Nagporewalla, global leaders across new age economy, technology and defence, financial inclusion, and consumer sectors, discussed the challenges and opportunities of operating in a fragmented global economy.Highlighting the core of strategic sovereignty in a world of global supply chains, General Atomics Global Corporation CEO Vivek Lall, chief executive of, said, “It is about reducing vulnerability to geopolitical choke points, whether in energy, technology, manufacturing, logistics, or data. Strengthening domestic capabilities while building trusted international partnerships is critical, and it is equally important to develop resilience against any potential choke points. As the global community moves forward, the underlying theme is going to be human resource training and human resource knowledge, capabilities. This is often underemphasized, but at the root of strategic sovereignty is a strong focus on human resource development.”Talking about how strategic sovereignty is reshaping the flow of global capital, Kishore Moorjani CEO – Alternatives, Private Funds CapitaLand Investment said, “Perhaps there’s no better place to see that in action than in India. When the country began liberalising over 30 years ago, it was hungry for capital and attracted significant foreign institutional investment. While FII capital is important, it can be fickle. Today, the situation has reversed: capital is chasing India… We respect the sovereignty of the markets we operate in and align our investments accordingly. We come to build India, not just trade.”Discussing the role of financial institutions in building national resilience, Mary Ellen Iskenderian, president & CEO of Women’s World Banking, said, “True economic resilience depends on inclusive access to savings, credit, insurance, and digital payments. Financial inclusion strengthens households and communities, particularly in the face of climate shocks and economic volatility, reinforcing national stability from the ground up.”On the question of how consumer brands maintain core identity while navigating local cultures, regulations, and consumer expectations, Mike Jatania, CEO and chairman The Body Shop & co-founder of Aurea, said: “For brands operating across borders, maintaining identity while respecting national priorities is essential. If your brand has a clear purpose and core values, it can adapt locally without losing its identity. Purpose, transparency, and trust are economic currency.”
Business
Video: How ICE Is Pushing Tech Companies to Identify Protesters
new video loaded: How ICE Is Pushing Tech Companies to Identify Protesters
By Sheera Frenkel, Christina Thornell, Valentina Caval, Thomas Vollkommer, Jon Hazell and June Kim
February 14, 2026
Business
52 reforms in 52 weeks: Ashwini Vaishnaw outlines massive railway overhaul for 2026
Indian Railways has reached a global milestone in freight operations, securing its position as a premier international logistics hub. Union Minister for Railways, Ashwini Vaishnaw, announced today that the national carrier has achieved an unprecedented scale in its logistics division. Highlighting this achievement, the Minister stated, “Indian Railways has become the second-largest cargo carrier in the world.”
Building on this momentum, the Ministry has prepared a rigorous roadmap for the upcoming year aimed at systemic transformation. The government plans to roll out a series of weekly initiatives to modernise every facet of rail travel and transport. Vaishnaw explained the structured timeline, saying, “For 2026, Railways has resolved to implement 52 reforms in 52 weeks.”
The initial phase of this plan will prioritise the passenger experience, with a focus on improving the quality of onboard facilities. The Minister identified the primary starting point for this year-long agenda, noting, “The first reform is better onboard services in Railways.”
In addition to passenger amenities, the government is placing strong emphasis on the “Gati Shakti” initiative to streamline the nationwide movement of goods. This strategic focus is designed to strengthen the country’s supply chain. Vaishnaw confirmed the freight sector’s priority, adding, “The second concerns ‘Gati Shakti Cargo.’”
A cornerstone of the 2026 agenda is a comprehensive overhaul of sanitation and hygiene standards. The Ministry has developed a new blueprint to ensure that the rail network’s cleanliness meets global benchmarks. Detailing the specifics of the first major initiative, the Minister remarked, “Reform number one for 2026 will ensure proper end-to-end cleaning of the Railways… The concept of a clean rail station has been established.”
This cleanliness drive is not a short-term measure but a multi-year commitment to cover the entire Indian Railways fleet. The implementation will be phased to ensure thoroughness and consistency. Vaishnaw clarified the timeline, stating, “Over three years, this reform will be implemented across all trains.”
To ensure the success of these reforms, the Ministry is introducing a robust accountability framework. These measures will include performance-based contracts and the integration of modern digital tools to monitor progress in real time. Emphasising the shift towards professional and technology-driven management, the Minister concluded, “There will be clearly defined service-level agreements… There will be extensive use of technology.”
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