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Business Secretary Would Have Vetoed UK Tech Sales
Business Secretary Peter Kyle expressed regret over the sale of UK microchip firm ARM Holdings to Softbank and suggested it could have become the UK's largest company if it remained UK-listed. He emphasized the government's efforts to support British tech companies through increased investments and initiatives, aiming to prevent talent and business from relocating abroad. While focusing on tech sector growth, Kyle acknowledged challenges faced by other industries, such as hospitality and youth employment.
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