Government ‘will not hesitate’ to ensure retailers give drivers fair fuel prices December 23, 2022 Fuel retailers have been threatened with state intervention over prices by the business secretary, who urged companies “to take any steps necessary” to ensure affordable prices for drivers. In a letter to retailers on Thursday, Grant Shapps said the government “will not hesitate to act to ensure competition is healthy and consumers get a fair [...]
FinTech sector asks UK government for more clarity in 2023 December 22, 2022 A group of UK based FinTech companies have written an open letter to the Financial Conduct Authority (FCA) calling for greater clarity on how open banking will be regulated from 2023 onwards. The letter criticizes the Joint Regulatory Oversight Committee (JROC), a regulatory body established in March by the Competition and Markets Authority (CMA). The [...]
Government must outline support for businesses, urges leading energy supplier December 20, 2022 One of the UK’s leading energy suppliers has criticised the delay in outlining future support for businesses beyond next spring.
Christmas strikes: Government sends in 1,200 troops to replace workers December 18, 2022 Around 1,200 members of the military and 1,000 civil servants are being sent in by the government to cover striking ambulance drivers and Border Force staff. The staff will be deployed to minimise disruption throughout the rest of the month as more key sector workers go on strike. Up to 10,000 ambulance staff will go [...]
Lord Holmes: ‘The Law Commission recommendations are a positive, proportionate approach to crypto, but now the Government must act!’ June 28, 2023 Lord Holmes says the government must act while the UK has a real chance to put opportunity into action and turn London into a crypto hub.
Tech Nation to shut down after government controversially gives funding to Barclays January 31, 2023 Start-up network Tech Nation is to be wound down after the government controversially withdrew its funding and handed it to Barclays, the organisation announced today. Tech Nation, founded by the coalition government in 2010, said it would cease operations from the end of March after the Department for Culture Media and Sport confirmed it had [...]
Government steps in with six month emergency package for businesses September 21, 2022 British businesses will be provided with a six-month emergency package of support to help them pay their energy bills this winter.
KPMG restarts UK government contract bids August 8, 2022 KPMG has restarted competing for UK government contracts, after the Big Four accounting firm withdrew from public sector tenders last December, following a series of high-profile accounting scandals. The Big Four accountancy firm re-commenced bidding for UK public sector contracts in early-June, after it pulled out of competing for lucrative UK government contracts at the [...]
Exclusive: Government accused of using ‘fag packet’ in hotel room to draw up £36bn HS2 replacement plan January 11, 2024 The government is facing backlash after sources claimed its much-maligned HS2 Network North plans were rushed together by Number 10 spads.
Industry pressures Government to back onshore wind planning reforms November 1, 2022 Industry groups and think tanks have urged new Prime Minister Rishi Sunak to uphold planning reforms to boost onshore wind developments.