Navigating the Challenges of the Legacy of Private Finance Initiative (PFI) Hand-backs: Strategies for the Public Sector June 10, 2024 While PFI had its heyday in the past, its legacy continues to present challenges for the public sector today as they navigate the complexities of asset hand-backs and financial obligations. The Private Finance Initiative (PFI) was initially introduced in the UK by the Conservative government in 1992 during John Major’s tenure as Prime Minister. In [...]
Barclays in Moorgate vandalised as three arrested in apparent Palestine protest June 10, 2024 Three men have been arrested over the spraying of red paint on a Barclays branch in Moorgate, following several previous incidents linked to pro-Palestine activists.
Sunak under pressure after admitting ‘it was a mistake’ to leave D-Day events early June 7, 2024 Prime Minister Rishi Sunak is under severe pressure after he was forced into an apology this morning, for leaving D-Day commemorations early yesterday. The prime minister said sorry for quitting the events in France in order to conduct a television interview yesterday, calling it “a mistake”. The occupant of number 10 was widely criticised by [...]
Mitie: Outsourcing firm based in London’s Shard posts record £4.51bn revenue after M&A spree June 6, 2024 Mitie Group raked in a record £4.51bn in revenue last year as new contract wins and a spate of M&A led to growth across the business.
Election 2024: JP Morgan banker standing in Michael Gove’s former seat June 5, 2024 JP Morgan banker and ex-army officer Ed McGuinness has been selected to stand for the Conservatives in Michael Gove’s former seat of Surrey Heath.
Cash is King: New banknotes of King Charles III enter circulation, but it may be a while before you see one June 5, 2024 Banknotes carrying a portrait of King Charles III will be issued for the first time, but with a move towards a cashless society, it may be some time before you see the note in person
How poor regulation is holding back the UK economy June 5, 2024 Regulation is a pressing concern, both for businesses and consumers. Getting it right could help unleash growth and deliver better outcomes for consumers.
Labour faces £33bn blackhole if it maintains state spending, research suggests June 4, 2024 Maintaining per person funding in unprotected departments would leave the next government facing a £33bn blackhole, research suggests.
The Notebook: It may not be popular, but tackling the housing crisis requires helping landlords too June 4, 2024 Tackling the housing crisis is no easy matter, and it requires radical change on all fronts, writes David King in today's Notebook.
UK tech leaders have high hopes for the next government June 4, 2024 As the nation gears up for its next general election, the UK tech sector is voicing its expectations for the incoming administration.