Major City report sheds light on ‘class ceiling’ blighting financial services Working class in the City A major City report into social mobility has called to “break the ‘class’ ceiling” and get more people from non-professional backgrounds in boardrooms. The industry must “act now” to make the workforce more socio-economically diverse, with a lofty goal of at least half senior leaders in financial and professional services being from that background by [...]
Supermarket shelves could be bare of certain food and drink items during ‘really difficult winter’ WINTER FEARS Supermarket shelves could be left lacking certain food and drink items this winter if smaller companies go bust amid high energy bills, a food industry leader has warned MPs. It will be a “really difficult winter,” Karen Betts, chief executive, Food and Drink Federation (FDF) told MPs at the Business, Energy and Industrial Strategy Committee [...]
Liz Truss or Rishi Sunak to face Whitehall strike on first day as prime minister Whitehall strike The next prime minister will be forced to face strike action in Whitehall on their first day in office, the public sector workers’ union has warned. Either Liz Truss or Rishi Sunak will face industrial action on the part of Whitehall workers, after members of the Public and Commercial Services (PCS) union voted strike. The [...]
Department for business and energy to move into Whitehall office and save taxpayer £5m a year May 11, 2022 The department responsible for the government’s energy strategy is moving to the centre of Whitehall in a bid save around £5m a year. Kwasi Kwarteng’s department of Business, Energy and Industrial Strategy (BEIS) will transfer from 1 Victoria Street to government owned buildings which house the civil service, by the end of 2023. This comes [...]
BEIS splashes £30m on data scientists March 23, 2022 The Department for Business, Energy and Industrial Strategy has more than quadrupled the number of data analysts and data scientists it employs, with a 408 per cent increase in expenditure since 2017, according to official figures. The data was obtained via the Freedom of Information (FOI) Act and analysed by the Parliament Street think tank [...]
Sunak causes rift with Cabinet over EV discount end October 13, 2021 Chancellor Rishi Sunak is reportedly in a row with other Cabinet members – including transport secretary Grant Shapps and business secretary Kwasi Kwarteng – over his proposed plans to cut grants for buying electric vehicles (EV). As reported by the Telegraph, the Treasury is expected to slash the grants – which amount to £2,500 for [...]