French firm handling passport application phone lines is called in by UK government over backlog chaos April 28, 2022 The head of a French firm tasked with handling help lines for passport applications has been called in by the UK government over its handling of the backlog chaos. Teleperformance is being urged to answer questions about lengthy delays on the phones and a failure to process applications, after millions of Brits were left in [...]
Major UK insurers call on government to extend pension auto-enrollment to young workers March 4, 2022 A group of major British insurance firms and pension funds have called on the government to extend the UK’s pension auto-enrollment terms to include young and low-wage workers. The group sent a letter to Rishi Sunak yesterday to call on the government to “level up pensions for everyone” by abolishing the “lower earnings limit and [...]
Santander boss says scrapping bonus cap is ‘good news’ for industry November 27, 2023 Santander boss Ana Botín has supported scrapping the bankers' bonus cap in Europe following the UK government's decision to do so in October.
Sunak warns allies of limit to government help on surging energy prices January 5, 2022 Rishi Sunak has warned colleagues there is little the government can do to abate soaring energy prices as he mulls whether to slash VAT on energy bills. The chancellor has reportedly told other government ministers that any government help on the cost of living crunch should be targeted at those who need it most. The [...]
El Salvador enlists US firm to fix government issued Bitcoin wallets February 2, 2022 El Salvador is enlisting US technological expertise to help fix bugs causing government issued bitcoin wallets to malfunction.
Government gives the green light to new North Sea oil and gas field February 1, 2022 A new oil and gas development in the North Sea was approved by the government yesterday, despite environmental concerns.
Energy chiefs urge government to step in to cool cost of living crisis January 3, 2022 Energy chiefs have called on the government to step in and ease the cost of living crisis looming over British households. The chief executive of Octopus Energy told Times Radio that unless the government intervened in the market, soaring gas prices will hit consumers hard. Greg Jackson said: “Unless action is taken, we will start [...]
Government must consider most vulnerable in making Lasting Powers of Attorney (LPA) reforms, Law Society says May 22, 2022 The Law Society has raised concerns about plans to let individuals obtain sweeping powers to make calls on core aspects of vulnerable people’s lives via an entirely online process. The concerns come after UK government set out plans to digitalise the process of obtaining Lasting Powers of Attorney (LPAs) through which friends and family members [...]
Six in ten FTSE 350 companies fail to fully comply with governance code January 31, 2022 Sixty per cent of FTSE 350 companies are not fully compliant with the UK’s Corporate Governance Code, according to new research from Thomson Reuters.
Government to hunt down ‘callous’ benefit fraudsters in new £600m crackdown that should save £2bn May 19, 2022 A new crackdown on benefit fraud should save the taxpayer £2bn over the next three years. A £600m plan is to be unveiled by the Government. The plan will involve 2,000 trained specialists reviewing two million universal credit claims over the next five years. DWP officers will also be bolstered with new powers, including to [...]