News · 11 June 2026

Business boss: I'd have blocked ARM sale

The Business Secretary, Peter Kyle, believes the UK seriously missed out by letting key tech firms like ARM be sold abroad. He said he would have blocked the 2016 sale of microchip company ARM to Softbank, a Japanese firm, if he'd been in government. Kyle thinks ARM could now be worth £285 billion and a "trillion-dollar company" on the London Stock Exchange.

By BriefTea Editorial · 11 June 2026 at 9:55

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