Thought leadership

NHS BOSSES SPENT HALF OF AUTUMN STATEMENT CASH ON OUTSIDE SERVICES

Health chiefs spent around half of the £2 billion extra cash allocated in George Osborne’s pre-2015 election Autumn Statement on buying care from private and other non-NHS providers, an analysis has shown. The Health Foundation research for the Financial Times showed £901 million was spent on buying services from outside the health service in 2015/16 […]

OFCOM PROPOSES AUTOMATIC COMPENSATION FOR POOR BROADBAND OR LANDLINE SERVICE

Ofcom is proposing automatic compensation for poor broadband or landline service. Here is what consumers could be eligible for: :: Delayed repair following loss of service When is compensation available? A loss of service that is not fully restored after two full working days have elapsed. Level of compensation? £10 for each calendar day, after […]

BANK OF ENGLAND PLACES THE CO-OP BANK UNDER ‘INTENSE SUPERVISION’ AS SURVIVAL OPTIONS DWINDLE

The Bank of England has placed the Co-op Bank under “intensive supervision” as survival options for the ethically-based lender dwindle. The BBC understands contingency plans to ensure the “orderly failure” of the 150 year old bank are well advanced. Co-op Bank customers will be protected whatever happens, but professional investors took a beating on Wednesday. […]

GOOGLE APOLOGY OVER EXTREMIST CONTENT ON YOU TUBE PLATFORM ‘DOES NOT GO FAR ENOUGH’

Google’s apology over Government adverts appearing alongside extremist content “doesn’t go far enough”, chair of the Home Affairs Select Committee Yvette Cooper has said. The technology firm’s Matt Brittin had told a conference earlier on Monday that “I want to start by saying sorry” and that the company must “take responsibility” over the issue which […]

UK BANKS INVOLVED IN MULTI-BILLION POUND RUSSIAN MONEY-LAUNDERING SCAM

Some of the UK’s top banks allegedly processed around £600 million in a multibillion-pound Russian money-laundering scam. High street names including HSBC, the Royal Bank of Scotland, Barclays and Coutts are among those involved, The Guardian reported. More than £16 billion and maybe as much as £65 billion was moved out of Russia between 2010 […]