Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Ryanair hands O’Leary six-year extension

      Michael OLeary speaking at a Ryanair press conference, dressed in a suit, discussing the airlines latest business updates

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      F*** f*** f***: Tennis star Moutet fined £4k per F-bomb for Queen’s Club outburst on BBC

      News article image with diverse professionals in a corporate meeting discussing business strategy and innovation trends.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Fogo de Chao nominated for Best Casual Dining Toast award

      Fogo de Chão restaurant exterior with vibrant signage and bustling entrance at popular city location

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 23 January 2020 8:41 am  |  Updated:  Thursday 23 January 2020 10:40 am

Britain will make Huawei decision soon, says Leadsom

By: Angharad Carrick

Add as a preferred source on Google
The CMA have been commissioned to launch a review into competition
Some people don't want to return to work after being on the furlough scheme, Leadsom has said.

Britain will soon decide what role Huawei will have in its 5G network but there are only a limited number of alternative providers, Andrea Leadsom said today.

The business secretary told Sky: “Ideally there would be more providers of infrastructure similar to the work that Huawei does but the UK is looking very carefully at this issue and we will be making a final decision soon”.

The already tense relationship between the UK and the US could become more fraught if the government gives Huawei the green light to build a 5G network.

The US has said it has national security concerns and has threatened to limit intelligence-sharing with the UK if it goes ahead.

Leadsom added: “I share the concerns of many citizens about protecting national security interests. Those discussions are ongoing.”

The digital services tax has also been at the centre of trade discussions, as a row erupted at the World Economic Forum at Davos yesterday.

Earlier this week France shelved plans to impose the tax following discussions with the US, but Chancellor Sajid Javid yesterday made clear that the UK would not U-turn.

During a panel discussion with the chancellor, US Treasury secretary Steve Mnuchin hinted at retaliatory tariffs claiming the tax would mainly hit US companies.

He warned: “If people want to just arbitrarily put taxes on our digital companies, we will consider arbitrarily putting taxes on car companies.”

Former chancellor George Osborne warned his successor against entering into a trade war with the US over taxing tech firms.

Today Leadsom said: “We are going ahead with the tax but we must work on a global solution.”

She denied that the tax would damage the UK’s relationship with the US: “We do, from time to time, have disagreements but the relationship is very strong and we are committed to a trade deal.”

Read more

Airspan Networks Joins Oramach and iVent’s ARES Consortium for European Mission-Critical Communications

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech

Related Topics

  • International

Trending Articles

  • As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • FTSE 100 Live: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

  • Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza

  • City investors raise alarm on Burnham’s Chancellor pick

More from CityAM

  • Airspan Networks Joins Oramach and iVent’s ARES Consortium for European Mission-Critical Communications

    Business Wire
  • Telekom Srbija Secures U.S. EXIM Financing to Accelerate 5G Rollout

    Business Wire
  • Vodafone says UK merger is ‘ahead of plan’ as boss bets on mega multi-brand strategy

    Telecoms
    Vodafone CEO Margherita Della Valle discussing UK expansion strategy after £4.3bn Vodafone-Three telecoms deal at press c...
  • Airspan and Wireless Services Announce Deployment of MobileAccess 6000 Digital DAS at Charlotte Douglas International Airport

    Business Wire
  • Nvidia beats again – but Wall Street’s expectations keep rising

    Tech
    OpenAI and NVIDIA announced strategic partnership to deploy 10 gigawatts of Nvidia systems
  • Double Royal honour for worldwide exam board, the Learning Resource Network

    Partner
    Breaking news event with a diverse group of business professionals discussing industry trends at a corporate conference
  • The Bank of England is keeping Britain in the waiting room

    Opinion
    Andrew Bailey, Bank of England governor, discusses economic policy during a press conference at the central bank headquart...
  • Starmer’s Europe reset risks strangling UK AI sector with EU regulation

    Tech
    Keir Starmer

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies