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The prime minister will herald the “next generation” in the UK’s nuclear industry as he unveils new investment to create jobs and boost skills.

Barrow-in-Furness in Cumbria will get £20m of public money to start with and £180m a year over the next decade.

The town is where four new Dreadnought-class submarines – designed to carry Trident nuclear missiles – are being built.

It’s also home to the Royal Navy‘s Astute-class subs.

Firms such as BAE Systems, Rolls-Royce, EDF and Babcock will also invest about £763m in the area – and Downing Street hopes it will create about 8,000 career opportunities.

Rolls-Royce Submarines boss Steve Carlier said it showed the UK is “going to go even further in its mission to meet the growing demand for nuclear expertise”.

Mr Sunak, who will visit Barrow on Monday, said the investment would also help cut household energy bills by boosting nuclear power.

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“Safeguarding the future of our nuclear deterrent and nuclear energy industry is a critical national endeavour,” he said.

“In a more dangerous and contested world, the UK’s continuous at-sea nuclear deterrent is more vital than ever. And nuclear delivers cheaper, cleaner home-grown energy for consumers.

“That’s why we are investing in Barrow, the home of UK submarines, and in the jobs and skills of the future in the thriving British nuclear industry.

“Today we usher in the next generation of our nuclear enterprise, which will keep us safe, keep our energy secure, and keep our bills down for good.”

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The announcement comes as the defence nuclear enterprise command paper – which gives more detail on the update to the UK’s nuclear deterrent – is laid in parliament on Monday.

There’s been unease among some Tories over the government’s decision not to increase military spending.

Defence Secretary Grant Shapps has warned the UK is in a “pre-war world” and admitted he wants a “bigger budget”.

Foreign Office minister Anne-Marie Trevelyan and security minister Tom Tugendhat also wrote an article this month calling for a “much greater pace” of investment in light of the threat from countries such as Russia.

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Former armed service chiefs have echoed the calls.

There was no new defence money in the budget, but the chancellor said spending was greater than the 2% NATO target and would increase to 2.5% “as soon as economic conditions allow”.

The first £20m of government money given to the Barrow Transformation Fund will be used for projects including finishing a bypass on A595 and “supporting people towards work”, Downing Street added.

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Harriet Harman calls for ‘mini inquiry’ into race issues raised by grooming gangs scandal

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Harriet Harman calls for 'mini inquiry' into race issues raised by grooming gangs scandal

Harriet Harman has suggested a “mini inquiry” into issues raised by the grooming gangs scandal and called on Sir Keir Starmer and Kemi Badenoch to discuss “terms of reference”.

The Labour peer told Sky’s political editor Beth Rigby on the Electoral Dysfunction podcast that there should “openness” to a future probe as long it does not repeat the previous investigations.

In particular, she said people need to be “trained and confident” that they can take on matters “which are in particular communities” without being accused of being racist.

“I think that whether it’s a task force, whether it’s more action plans, whether it’s a a mini inquiry on this, this is something that we need to develop resilience in,” Ms Harman said.

The grooming gangs scandal is back in the spotlight after Elon Musk hit out at the Labour government for rejecting a new national inquiry into child sexual exploitation in Oldham, saying this should be done at a local level instead.

The Tories also previously said an Oldham inquiry should be done locally and in 2015 commissioned a seven-year national inquiry into child sex abuse, led by Professor Alexis Jay, which looked at grooming gangs.

However, they didn’t implement any of its recommendations while in office – and Sir Keir has vowed to do so instead of launching a fresh investigation into the subject.

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Ms Harman said she agreed with ministers that there is “no point” in a rerun of the £200m Jay Review, which came on top of a number of locally-led inquiries.

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Grooming gangs: What happened?

However, she said there’s “always got to be an openness to further analysis, further consideration of what proposals would move things forward”.

She called on the Conservative Party to start “sensibly discussing with the government what should be the parameters of a future inquiry”, as they “can’t really be arguing they want an absolute repeat of the seven years and £200 million of the Jay inquiry”.

She said the Tories should set out their “terms of reference”, so “the government and everybody can discuss whether or not they’ve already got that sorted”.

Girls as young as 11 were groomed and raped across a number of towns in England – including Oldham, Rochdale, Rotherham and Telford – over a decade ago in a national scandal that was exposed in 2013.

In many cases the victims were white and the perpetrators of south Asian descent – with the local inquiry into Telford finding that exploitation was ignored because of unease about race.

The Jay review did not assess whether ethnicity was a factor in grooming gangs due to poor data, and recommended the compilation of a national core data base on child sex abuse which records the ethnicity of the victim and alleged perpetrator.

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Ms Harman’s comments come after the Labour Metro Mayor of Greater Manchester, Andy Burnham, said he believed there was a case for a new “limited national inquiry”.

He told the BBC that a defeated Tory vote on the matter was “opportunism”, but a new probe could “compel people to give evidence who then may have charges to answer and be held to account”.

Jess Phillips, the safeguarding minister who has born the brunt of Mr Musk’s attacks, has told Sky News “nothing is off the table” when it comes to a new inquiry – but she will “listen to victims” and not the world’s richest man.

Sir Keir has said he spoke to victims this week and they do not want another inquiry as it would delay the implementations of the Jay review – though his spokesman later indicated one could take place if those affected call for it.

Tory leader Ms Badenoch has argued that the public will start to “worry about a cover-up” if the prime minister resists calls for a national inquiry, and said no one has yet “joined up the dots” on grooming.

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Pro-crypto CFTC boss, subcommittee rumored as Trump inauguration nears

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Pro-crypto CFTC boss, subcommittee rumored as Trump inauguration nears

New reports suggest the US Senate Banking Committee is looking to create its first crypto subcommittee, while Trump is reportedly eyeing a pro-crypto CFTC Commissioner to take the agency’s helm.

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UK order clarifies crypto staking is not a collective investment scheme

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UK order clarifies crypto staking is not a collective investment scheme

The UK Treasury has amended finance laws to clarify that crypto staking isn’t a collective investment scheme, which a lawyer says is “heavily regulated.”

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