Skip to content
Search

Latest Stories

Direct flights will link Gatwick to Uganda from May 18

Direct flights will link Gatwick to Uganda

Lord Collins of Highbury and Nimisha Madhvani with other officials at the launch of the UK-Uganda Growth Dialogue in Kampala

LORD COLLINS of Highbury, the minister for Africa, concluded a two-day visit to Uganda last month, reaffirming the UK’s commitment to sustainable development, inclusive partnerships and mutual economic growth.

During the visit (April 3–4), the minister was welcomed by president Yoweri Museveni at State House.


Uganda’s High Commissioner to the UK, Nimisha Madhvani, played a key role during the visit, joining Lord Collins at several important engagements.

The UK-Uganda Growth Dialogue was also launched during the visit; it is aimed at driving investment, improving the business environment, and increasing bilateral trade, in association with Uganda’s Ministry of Finance.

Lord Collins toured Zembo, a UK-supported e-mobility company leading Uganda’s green transport transition.

Backed by Innovate UK and the Private Infrastructure Development Group, Zembo’s electric motorcycles are helping reduce carbon emissions while saving local riders an average of $500 (£374) per year.

At a joint reception with Uganda Airlines, Lord Collins announced the launch of direct passenger flights between Entebbe and London Gatwick from May 18, the first in a decade.

The new route is expected to boost trade, tourism and cultural connections.

“The introduction of direct flights marks a pivotal moment in our shared journey towards deeper economic and people-topeople ties,” said Lord Collins.

He also visited the Uganda Virus Research Institute (UVRI), a flagship centre of UK-Uganda scientific and medical research collaboration.

With over £25 million in UK funding, UVRI has made critical advancements in HIV/AIDS, Ebola research, and infectious viral disease control.

Lord Collins met researchers from both countries, recognising their joint success in strengthening global health security.

“This visit reflects the UK’s enduring partnership with Uganda – built on mutual respect, shared goals, and a commitment to sustainable progress,” Lord Collins said.

More For You

BoE governor Andrew Bailey

BoE governor Andrew Bailey acknowledged the AI sector in the US is "very concentrated"

Getty Images

Bank of England warns AI bubble risk could trigger sharp tech correction

Highlights

  • UK share prices close to most stretched levels since 2008 financial crisis.
  • AI infrastructure spending could top $5 tn, with half funded through debt.
  • Homeowners face £64 monthly increase as 3.9 m refinance mortgages by 2028.
The Bank of England has warned of a potential "sharp correction" in the value of major technology companies, with growing fears of an artificial intelligence bubble reminiscent of the dotcom crash.

The central bank's financial stability report revealed that share prices in the UK are close to the "most stretched" they have been since the 2008 global financial crisis, while equity valuations in the United States are reminiscent of those before the dotcom bubble burst in 2000.

Valuations are "particularly stretched" for companies focused on AI, the Bank warned. It cited industry figures forecasting spending on AI infrastructure could top $5 tn (£3.8 tn) over the next five years, with around half funded through debt rather than by AI firms themselves.

Keep ReadingShow less