UK government rejects calls for banks to pre-fund multibillion-pound deposit guarantee scheme January 11, 2024 The government has confirmed that it does not want British banks to imminently pay billions into a deposit insurance guarantee scheme designed to reduce the burden on taxpayers if lenders fail.
Fujitsu staff at HMRC to strike next week in shadow of Post Office Horizon scandal January 11, 2024 Fujitsu staff contracted to HMRC are set to strike next week, amid building pressure on the IT firm which supplied the faulty Horizon software at the heart of the Post Office scandal.
Sadiq Khan to claim ‘hard-line’ Brexit has cost the capital 300,000 jobs January 11, 2024 Sadiq Khan is set to warn Brexit has hit London’s jobs market, claiming the capital has lost 300,000 jobs as a result of the departure from the EU
The Post Office scandal is a shocking example of how arms-length bodies allow government to escape accountability January 11, 2024 The Post Office scandal is a shocking example of how arms-length bodies allow government to escape accountability, writes Matthew Lesh.
London’s Mayor must stop fighting the Brexit war – and move on like British business has January 11, 2024 Brexit is now in the rear-view mirror; and speeches bemoaning the lost opportunities are distracting from the adaptability that London needs at the top
Post Office: Victim in Ed Davey’s constituency claims MP ignored him three times January 10, 2024 A victim of the Post Office Horizon IT scandal in Lib Dem leader Sir Ed Davey’s constituency has revealed his experiences left him “suicidal”.
PMQs: New law to exonerate Post Office Horizon scandal victims, Sunak confirms January 10, 2024 Rishi Sunak has announced "new primary legislation" to ensure hundreds of wrongfully convicted victims of the Post Office Horizon IT scandal are exonerated and compensated.
HMRC: Accountants urge Brits to fight taxman as penalties spike to new record January 10, 2024 The value of HMRC tax penalties surged by 25 per cent between 2022 and 2023 to its the highest level on record, new data has shown, as the government faces criticism for unfairly fining struggling businesses.
Chancellor meets with City grandees over London’s listings crisis January 9, 2024 Chancellor Jeremy Hunt held talks with top City chiefs on Tuesday as part of the government's efforts to attract more listings to the London Stock Exchange.
Russia puts London-exiled Putin opponent and tycoon Khodorkovsky on wanted list January 9, 2024 Russia’s Ministry of Internal Affairs has put exiled Russian tycoon and opposition leader Mikhail Khodorkovsky on its wanted list, accusing him of spreading false information about the Russian army, Russian state news agency Tass said. The charge carries a sentence of up to five years in prison, Tass said. A criminal case was opened against [...]