City minister warned FCA ‘several times’ over name and shame plans Banking The City minister said she warned the Financial Conduct Authority (FCA) “several times” that its controversial ‘name and shame’ rules could harm companies before the regulator moved to water down the plans. Following intense criticism from firms and ministers, the regulator confirmed on Thursday that it would soften plans to publicly name companies facing investigation [...]
Government bows to Uefa pressure over Football Regulator foreign policy veto Sport Business The requirement for the incoming Football Regulator to consider government foreign policy in club takeovers has been dropped from the new Football Governance Bill, which will be reintroduced to Westminster today. The Bill, formulated under the previous government but not ratified in time for the election, will enter the House of Lords today in a [...]
Government pledge to make UK “top destination for women’s sport investment” Sport Business The government has today pledged to make the United Kingdom a “top destination for women’s sport investment”. Investment minister Poppy Gustafsson, formerly of Darktrace, has launched the Women’s Sport Investment Accelerator scheme to bring together 20 leagues and teams with investors to boost commercial activity in women’s sport. The participating sports include football, cricket, rugby, [...]
South Bank’s ‘The Slab’ in spotlight as campaigners fight planning decision October 16, 2024 South Bank 'The Slab' is the topic of a legal battle at court this week as campaigners seek to overturn the former government's decision to green-light redevelopment
Tories hit out at government over £3bn gambling tax raid plan October 14, 2024 The Conservatives have launched a barrage of criticism at the government on mooted plans for a tax raid worth up to £3bn on the gambling industry, with the shadow sports minister demanding the government “take the blinkers off”. Shares in British gambling firms plummeted on Monday morning amid reports of the tax raid, which would [...]
‘The biggest barrier to growth’: Businesses set out plan to fix productivity puzzle October 11, 2024 Some of the UK’s most high-profile businesses have set out a roadmap to improve productivity growth, including reforms which could boost the economy by £82bn over the next five years. The Building Back Britain Commission, which included representatives from Vodafone, PIC and British Land, looked at productivity across the entire country, finding five key areas [...]
Workers’ rights bill is ‘most extensive reform to trade union rights since Thatcher’ October 11, 2024 There are 'extensive' reforms planned for Trade Unions in the new Employment Rights Bill, which includes giving unions 'greater freedom to organise'
UK urged to lead ‘cross-border war’ against fraudsters as billions lost September 30, 2024 In a new report, the Social Market Foundation (SMF) estimated that 21 per cent of adults globally have been victims of fraud in the last three years.
Plan to restrict employers from contacting staff out of hours ‘backed by public’ September 21, 2024 Most people support the Government’s plans to restrict employers from contacting staff outside working hours, new research suggests. Only 17 per cent of 2,000 adults surveyed opposed the move. The polling by Survation, commissioned by think tank the Autonomy Institute, showed that support was highest in the South East. Autonomy called on the Government to [...]
Sir Ed Davey jet skis into ‘very excited’ Lib Dem conference September 14, 2024 Liberal Democrat leader Sir Ed Davey has said people are “absolutely ecstatic” as the party’s autumn conference began in Brighton on Saturday. At its first conference since the party won 72 MPs in July’s general election, Sir Ed described the mood as “very excited”. He said: “People are absolutely ecstatic about the historic result the [...]