Cricket’s racism problem is a lesson for firms ignoring discrimination July 6, 2023 Cricket ignored racism for too long, and now it's suffering the consequences. If it hadn't chased Black and Asian people away, English cricket would be much stronger today, writes Will Cooling
Waiting on NHS is delaying driving license applications, says DVLA boss July 6, 2023 Delays in processing driving licence applications from people with health conditions are largely as a result of long waits for information from the NHS, the chief executive of the Driver and Vehicle Licensing Agency (DVLA) has said. Julie Lennard, boss of the DVLA, told the Commons’ Transport Committee: “We’re very dependent in a lot of [...]
Spreadsheet Sunak won’t win an election if he can’t meet his own scorecards July 6, 2023 From stopping the boats to driving down inflation and cutting NHS waiting lists, Sunak has failed to meet his own targets and voters won’t keep believing him writes John Oxley
A digital pound can’t come with a trade-off for privacy July 6, 2023 A digital pound, or "Britcoin", would transform the financial landscape for better or worse. We must think carefully about its implications for privacy before introducing it, writes Susannah Copson
Yield on fresh UK government debt hits highest level since 2007 July 5, 2023 The amount of interest the UK government has to pay investors buying its newly minted debt has hit its highest level since the financial crisis. Britain’s Debt Management Office (DMO) – the body tasked with issuing bonds – today sold a tranche of gilts to traders with a yield just shy of 5.7 per cent, [...]
Dodgy cops ‘weaponising’ complaints, Met Police chief warns July 5, 2023 Dodgy Metropolitan Police officers who are breaching standards are “weaponising” complaints against bosses trying to stamp out misconduct, commissioner Sir Mark Rowley has warned. The Met chief issued the shock warning at the City Hall police and crime committee as he updated the London Assembly on measures to clean up the force. Sir Mark said: [...]
FTSE 100 close: Wilting Chinese recovery keeps London mining giants lower July 5, 2023 London’s FTSE 100 sagged today, dragged lower by industrial firms tumbling in response to signs that China’s economic recovery is running out of steam. The capital’s premier index shed 1.03 per cent to close at 7,442.11 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Thames Water backer USS faces grilling from pensions watchdog July 5, 2023 The UK’s largest pension scheme faces a grilling from the regulator over its investment in troubled utility giant Thames Water.
Regulators should measure ‘burden’ of decisions after legislative overhaul, industry says July 5, 2023 Finance groups have called for regulators to report on a new range of metrics to ensure they are meeting their statutory obligations. After the Financial Services and Markets Bill passed into law last week, regulators will have hugely increased responsibility for adapting and amending onshored EU regulations. As part of the Bill, regulators will have [...]
Online watchdog urges government to protect youngsters in crypto regulation plans July 5, 2023 A digital watchdog is urging regulators to ensure children and young people aren’t left vulnerable to crypto scams and investment risks.