Government to delay welfare reform
The government is prepared to delay its flagship welfare reform amid fears the complex changes may need to be more thoroughly tested before being extended to all benefit claimants. Universal credit, under which six benefits will be incorporated into a single payment, lies at the heart of a drive by Iain Duncan Smith, work and pensions secretary, to ensure people are better off in work than on benefits. But it has been dogged by fears that the IT required to implement it may not work and concerns over the cost.
BBC ponders new director-general
Trustees of the BBC’s governing body are planning to meet on Thursday to finalise plans for the appointment of a new director-general amid growing calls from senior political figures for the role to be redefined.
Video games lift Vivendi target
Vivendi, the French entertainment and telecoms conglomerate, has increased its adjusted net income target to €2.7bn (£2.1bn) for 2012 as it benefits from strong sales of video games at Activision Blizzard, the maker of Call of Duty.
Michael Gove plans big job cuts
Running costs are to be cut by half at the Department for Education in a radical experiment that may be copied across Whitehall About a quarter of the department’s workforce face redundancy
Moscow in London retail challenge
London is the most attractive location for international retailers expanding in Europe, but Moscow is catching up fast, according to property consultant Jones Lang LaSalle.
The Daily Telegraph
SFO director admits to failings
The Serious Fraud Office has been suffering from a “failure in quality” and needs to “up its game”, its new director David Green told MPs on the Justice Select Committee yesterday.
Bercow accused of rigging watchdog
John Bercow, the Commons Speaker, has been accused of rigging appointments to the independent MPs’ expenses watchdog in “revenge” for its crackdown on what members can claim.
THE WALL STREET JOURNAL
Zynga makes more changes
Social games maker Zynga said yesterday chief mobile officer David Ko would become chief operating officer, while chief financial officer David Wehner is leaving for a senior position at Facebook.
Nokia launches maps service
Nokia is adding 3D technology to its mapping software and launching a new location service as it looks to boost its influence among users of Google’s Android software and Apple’s devices.