BRITISH Indian Sanjeev Gupta's Liberty Engineering Group started construction of its £10 million global technology centre in Leamington Spa on Monday (25).
The state-of-the art 50,000 square feet centre will become the UK hub for Liberty’s research and development and engineering expertise when fully operational.
Located off Tachbrook Road, Leamington Spa, the new centre is expected to open in early 2020. It will house more than 100 highly-skilled technical professionals, including 40 new engineering posts that will be created by the investment.
The centre will also house Liberty’s vehicle technologies, 920Engineering (920E) and Shiftec businesses, known for their lightweight braking and control systems.
The company, which employs 5,000 in its UK industrial operations, is a Tier 1 supplier to several major automotive manufacturers domestically and overseas.
The new global technology centre is being built adjacent to the original plant as part of the third phase of the showpiece Spa Park being developed by Stoford Developments and Blackrock.
Executive chairman of the Liberty House Group and the GFG Alliance, Gupta said: “...this investment will put Liberty at the heart of automotive’s exciting evolution and deliver cutting edge innovations that builds on our status as a world-leading supplier in the sector.”
Anthony Blackwell, chief technology officer for Liberty Engineering, added: “This facility will help us to play a pivotal role in the next generation of vehicles, symbolically on a site that has had such a prominent and proud history in UK engineering...”
The flagship centre will support Liberty’s plans to grow its market share in the automotive and other sectors by providing solutions ranging from design and prototyping all the way to volume manufacturing.
BRITISH drugmaker GSK on Monday named Luke Miels as its CEO designate. He will take over from Emma Walmsley, who steps down after nine years leading the company.
Miels will formally assume the role on January 1. He will be responsible for steering GSK towards its target of generating more than 40 billion pounds ($53.78 billion) in annual sales by 2031.
Remuneration
Miels’ annual base salary will start at 1.38 million pounds, lower than Walmsley’s 2025 salary of 1.43 million pounds, according to GSK’s annual report.
He will also receive an on-target yearly bonus of 150 per cent and a long-term incentive grant equal to 7.25 times his salary.
Who is Miels?
Miels, 50, joined GSK in 2017 as chief commercial officer. He has overseen the company’s global medicines and vaccines portfolio, which generates annual sales of over 20 billion pounds across more than 100 countries.
He is an Australian national, holding a biology degree from Flinders University and an MBA from Macquarie University. He began his career as a sales representative at AstraZeneca before moving into senior roles at Sanofi and Roche.
Career path
AstraZeneca 1995 – 2000: Sales and marketing roles
Sanofi-Aventis 2004 – 2006: Vice President, Sales Metabolism, New Jersey, USA 2004: Integration Officer, North America, Sanofi/Aventis merger 2003 – 2004: General Manager & Managing Director, Aventis Thailand 2002 – 2003: General Manager & Managing Director (Acting) 2000 – 2001: Head, Strategic Planning and Portfolio Management
Roche Pharmaceuticals 2009 – 2014: Regional Head, Asia Pacific (Shanghai, then Singapore) 2006 – 2009: VP/Head of Metabolism & Anemia Global Marketing, Switzerland
AstraZeneca May 2014 – August 2017: Executive Vice President, European business Earlier: Executive Vice President, Global Product and Portfolio Strategy, Global Medical Affairs, and Corporate Affairs
GSK September 2017 – Present: Chief Commercial Officer
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Many of the apps appeared legitimate when installed directly from the Google Play Store
More than 38 million downloads across 228 countries and territories
Cybersecurity firm HUMAN uncovered large-scale fraud campaign dubbed SlopAds
Apps disguised on Google Play Store and fake ad pages
US, India and Brazil hardest hit by fraudulent traffic
Google continues crackdown following recent security breaches
38 million downloads linked to fraudulent apps
Google has removed 224 Android apps after investigators uncovered a vast advertising fraud scheme. The operation, named SlopAds, involved apps that had been downloaded more than 38 million times across 228 countries and territories.
The discovery was made by the Satori Threat Intelligence and Research Team at cybersecurity company HUMAN, which confirmed that the apps were designed to manipulate online advertising systems by generating fake ad views and clicks.
How the scam worked
Many of the apps appeared legitimate when installed directly from the Google Play Store. Others were distributed via ads that led to fake download pages. Once installed, the apps carried out hidden instructions.
According to HUMAN’s report, the apps used steganography to conceal malicious code within images and then created hidden web views to open scam-controlled sites. These sites generated fraudulent ad impressions and clicks, tricking advertisers into paying for traffic that never existed.
Global impact of SlopAds
At its peak, the campaign accounted for 2.3 billion ad bid requests each day. The United States was the worst affected, with 30 per cent of fraudulent traffic, followed by India at 10 per cent and Brazil at 7 per cent.
Investigators also found hundreds of promotional domains and servers linked to the scheme, suggesting that those behind it intended to expand the operation even further.
Google under pressure
This crackdown comes during a challenging period for Google’s security teams. Earlier this month, the company confirmed a major data breach affecting Gmail users and issued a critical update to patch an Android vulnerability that allowed hackers to seize control of devices.
With services spanning 219 countries and territories, Google’s global reach makes it an attractive target for fraudsters seeking to exploit its platforms and users.
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FILE PHOTO: Chancellor Rachel Reeves speaks during a visit to the Jaguar Land Rover car factory on April 7, 2025 in Birmingham, United Kingdom. (Photo by Kirsty Wigglesworth - WPA Pool / Getty Images)
THE government will back Jaguar Land Rover with a £1.5 billion ($2bn) loan guarantee to help support its supply chain in the wake of the luxury carmaker's production shutdown following a cyberattack.
Jaguar Land Rover's shutdown has lasted nearly a month, and the government had been exploring options to support the company and its supply chain, with some small suppliers saying they had one week left at most before they ran out of cash.
The carmaker, which is owned by India's Tata Motors, has three factories that together produce about 1,000 cars per day, and sustain many jobs in the area around Birmingham, Britain's second biggest city, and the northern city of Liverpool. A survey on Friday (26) showed that some firms were reducing staff hours or making redundancies.
Business secretary Peter Kyle said the cyberattack was "not only an assault on an iconic British brand, but on our world-leading automotive sector."
"This loan guarantee will help support the supply chain and protect skilled jobs," he said.
The business ministry said the loan would be privately financed and guaranteed by Britain's export credit agency UK Export Finance, and was expected to unlock £1.5bn of support for the carmaker's supply chain.
“Jaguar Land Rover is an iconic British company, employing tens of thousands of people – a jewel in the crown of our economy. We are safeguarding thousands of those jobs with up to £1.5bn in additional private finance, supporting its supply chain and helping to protect a vital part of the British car industry,” said chancellor Rachel Reeves.
The announcement follows a recent visit by Kyle and industry minister Sarah Jones to JLR’s headquarters in Gaydon, West Midlands, as well as a tour of its sunroof supplier Webasto, where they met senior leaders and staff.
“With major plants in Solihull and Wolverhampton in the West Midlands, and in Halewood, Merseyside, JLR is one of the UK’s largest exporters and a key employer, with 34,000 people working across its UK operations,” the Department for Business and Trade (DBT) said.
“It also maintains the largest supply chain in the UK automotive sector, much of it comprised of SMEs, supporting around 120,000 additional jobs.”
The department confirmed it remains in daily contact with JLR and cybersecurity experts to address ongoing concerns and provide support as the company works to resume full production, which is not expected before next month.
In a statement, JLR said it is working to clear the backlog of supplier payments by boosting its invoice processing capacity.
“As part of the controlled, phased restart of our operations, we have informed colleagues, suppliers and retail partners that parts of our digital infrastructure are now operational,” the company said. “Our recovery programme is well underway. We have significantly increased IT processing capabilities and are working to clear outstanding payments to suppliers as quickly as possible.”
THE punitive 50 per cent tariffs plus annual $100,000 (£74,100) H-1B visa charges for IT workers from India imposed by US president Donald Trump offer an opportunity for the country to find new markets, an influential minister from India said at a business summit in London last week.
Nara Lokesh is minister for information technology in Andhra Pradesh and the son of the south Indian state’s chief minister, Nara Chandrababu Naidu, whose Telugu Desam Party helped give Narendra Modi’s Bharatiya Janata Party (BJP) a governing majority in the Indian parliament.
Lokesh conceded the tariffs imposed by Trump had confronted India with a “crisis” and added, “I believe the crisis is an opportunity”.
Trump last week ordered a new annual $100,000 fee for H-1B skilled worker visas, widely sought after by Indian professionals in the US tech industry.
The US awards 85,000 H-1B visas per year on a lottery system, with India accounting for around three-quarters of the recipients.
Lokesh, 42, who pursued higher education in the US, said: “It’s an opportunity for India to shine beyond a singular market. That’s been our approach as far as the Free Trade Agreement (with the UK) and the tariff landscape are concerned. We can do better. In the long term, we have to diversify. New markets are opening up.” It is predicted that 2047, a century after India became independent, the per capita income in Andhra (with a population of 53 million) will shoot up to $42,000 (£31,109).
Lokesh, who comes across as a man in a hurry, invited investors from the UK, especially from the diaspora: “We are a start-up state. We are hungry, we have the passion. We are not in the business of signing MOUs. We deliver on speed of doing business.” In 15 months since the current state government had taken office, he said, “we landed close to $120 billion (£88.8bn) investment”.
The 42-year-old got his bachelor’s degree from the Carnegie Mellon University in Pittsburgh, Pennsylvania, his MBA from Stanford and worked for the World Bank for two years.
He made the comments at an investor road show jointly organised by the Confederation of Indian Industry (CII) and the Indian High Commission in London last Tuesday (16).
Shehla Hasan, the CII’s chief representative in the UK, told the gathering at the Institute of Directors, “Nara Lokesh has been instrumental in driving technology initiatives that foster inclusive growth, boost digital infrastructure and position Andhra Pradesh as a hub for cutting edge technological development.”
Lokesh – he was in conversation with Harshul Asnani, president, Europe, of Tech Mahindra – said: “I’ll give you a few examples – one is how we got ArcelorMittal (jointly with Nippon Steel) to build one of India’s largest steel plants in the south of Visakhapatnam.
John Renard, president EMEA, Cyient; Sujit Ghosh; Nara Lokesh; Harshul Asnani; Nidhi Mani Tripathi, minister (economic), High Commission of India to the UK; and Shehla Hasan at the London event
“It all started with one zoom call with Aditya Mittal (Lakshmi Mittal’s son and CEO of ArcelorMittal). He said he had three specific asks from the state, and all I said was, ‘Give me 12 hours, I need to confirm it with my chief minister.’ We got it confirmed. This conversation started in June last year. We are going to break ground in November for the steel plant. We got it done.”
What Lokesh says is important because Andhra is recognised as being one of India’s most progressive states and his father has a reputation for getting things done.
As chief minister, previously, of undivided Andhra Pradesh, Naidu was recognised for transforming the state’s infrastructure and attracting global IT firms to open offices in Hyderabad – putting it in direct competition with Bengaluru, regarded as the Silicon Valley of India.
Under Lokesh – who also holds the portfolio for electronics and communications, real time governance and human resources development – Andhra is taking its road show to other investment centres such as Singapore and Dubai.
Andhra Pradesh was formed in 1953 (by separating the Telugu speaking areas from the old Madras presidency), and in 2014, 10 districts of Andhra Pradesh were combined to establish the new state of Telangana.
If more Indian states follow the example of Andhra and diversify investment away from the US, Trump’s tariffs may quickly prove to be an act of great self-harm.
India and the US will most probably repair their relationship, but young Indian politicians such as Lokesh show how there is now a greater determination not to become over-dependent on America.
Hasan invited potential investors to attend the CII’s partnership summit with the Andhra government on November 14-15 in Vishakhapatnam.
She also released a CII report, Indian Roots British Soil: Charting Indian Industry’s Footprint in the United Kingdom.
India’s outgoing deputy high commissioner, Sujit Ghosh, made it clear that what was good for Andhra was also good for India and for Britain: “India, one of the world’s top producers of science, tech, engineering and mathematics talent, generates approximately 2.5 million graduates annually, far ahead of most developing countries and, of course, almost all developed countries. AI skill penetration is among the highest in India and second only to United States.
“In India’s journey, a very important part has been played and will continue to be played by Andhra Pradesh, one of the major centres of economic growth and innovation in India. Andhra was one of the first states to opt for large scale economic reforms and digital growth.”
Abhishikth Kishore
The Andhra government, led by Chandra Babu Naidu, “has set for itself an ambitious target to achieve 15 per cent growth rate, up from the present 10.50 per cent by 2047. “This is a state which clearly means business. Andhra Pradesh has registered a strong economic growth in the first quarter of 2025-26, surpassing the national average and reinforcing its position as one of India’s fastest growing states. Major areas of interest for Andhra Pradesh are advanced manufacturing, financial services, including FinTech, education, pharma, healthcare and tech – and data centres and clean energy.”
Lokesh left it to one of his senior civil servants, Abhishikth Kishore, a member of the Indian Administrative Service, to provide a more detailed picture of Andhra Pradesh’s ambitious investment plans.
He said that in 2047, when India “is looking at a $32 trillion (£23tr) economy, our state wants to be a $2.4tr (£1.4tr) economy, and the per capita income we are targeting is $42,000 (£31000)”.
Kishore is the state’s commissioner of industries and also managing director of the Andhra Pradesh Industrial Infrastructure Corporation.
He described how the state attracts investors by getting rid of red tape.
“We started talking to LG Electronics in June last year,” he said. “This year we have done the groundbreaking. It is not easy to deal with South Koreans. Even my wife doesn’t call me as often as their site manager. This is an ultra-mega investment upwards of $600m (£444m). Andhra Pradesh already produces 50 per cent of air conditioners for the entire country. Once this plant is operational, Andhra Pradesh will be producing 70 per cent of all air conditioners, both industrial and home appliances.”
The state had three industrial corridors – Chennai- Visakhapatnam, ChennaiBengaluru and Bengaluru-Hyderabad – plus three economic corridors centred on Visakhapatnam, Tirupati and Amaravati (where a greenfield capital was under construction). There would be a green hydrogen hub.
It will also establish the world’s first quantum valley, where quantum computers would be able to perform complex calculations far beyond the capabilities of even the most powerful traditional supercomputers.
The state, with the third largest coastline in India, had six operating ports and four greenfield ports under construction. It was setting up a 300-acre drone city in Kurnool, only three hours from Hyderabad. There would be 175 Micro, Small & Medium Enterprises (MSME) parks – one for every assembly constituency.
“The icing on the cake is all our 700 government services are on WhatsApp, be it a land application or a fire clearance for a factory,” said Kishore.
Lokesh makes sure things get done by keeping tabs on projects.
The minister concurred: “As Abhishikth has just shared, I think I am on close to 12-13 WhatsApp groups.”
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Dhingra was one of two members of the nine-member MPC who voted this month to cut the Bank of England’s benchmark Bank Rate by 0.25 percentage points.
BANK OF ENGLAND Monetary Policy Committee (MPC) member Swati Dhingra said Britain’s high inflation is expected to ease and the central bank should move faster in reducing borrowing costs.
“The effects of the shocks driving the UK’s current high inflation relative to Europe will fade, and thus, we should not be overly cautious about cutting interest rates,” Dhingra wrote in a column for The Times on Friday.
Dhingra was one of two members of the nine-member MPC who voted this month to cut the Bank of England’s benchmark Bank Rate by 0.25 percentage points. The other seven members opted to keep rates unchanged at 4 per cent.
“The difference in inflation between the UK and our continental neighbours can be largely explained by administered prices and global commodity shocks. These should pass,” she said.
“We can afford to cut rates further and not put additional strain on economic growth without threatening the inflation target,” she added.
Britain recorded the highest inflation rate among the Group of Seven economies at 3.8 per cent in August. The Bank of England expects inflation to peak at 4 per cent in September before returning to its 2 per cent target in spring 2027.
At the same time, there are signs of weakness in Britain’s labour market as employers slow hiring.
Dhingra has regularly supported rate cuts, in contrast with many MPC members. Fellow member Megan Greene said on Wednesday that inflation risks may prove stronger than the Bank has forecast, warranting caution on rate cuts.
Governor Andrew Bailey also said that borrowing costs are likely to fall but the timing and scale would depend on inflation.