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UK politics
fromIndependent
2 days ago

Metrolink officials rushed to reassure investors as project director Sean Sweeney headed for early exit

Ireland is serious about building a metro for Dublin, but faces challenges in gaining firm support.
English Premier League
fromwww.bbc.com
1 day ago

Is the Championship heading for financial 'catastrophe'?

Championship clubs have lost £3 billion over the past decade, raising concerns about the financial sustainability of the league.
fromwww.bbc.com
4 days ago

Leisure centre and lido operator enters administration

Fusion Lifestyle announced on 1 April that it had appointed administrators after a prolonged period of financial difficulty. The charity cited rising operational costs, reduced government funding, and post-pandemic recovery challenges as the causes of its financial struggles.
London politics
London food
fromBusiness Matters
5 days ago

Roadchef secures 75-year leases to unlock 300m motorway investment

Roadchef will invest over £300 million to upgrade motorway service areas and expand electric vehicle charging infrastructure over the next five years.
#chelsea
fromwww.fourfourtwo.com
5 days ago
Chelsea

Chelsea handed surprising PSR verdict amid record-breaking 262m losses

Chelsea reported a record pre-tax loss of £262 million for the 2024/25 tax year despite high revenue figures.
fromwww.bbc.com
5 days ago
Chelsea

Chelsea make biggest loss in Premier League history

Chelsea reported a record pre-tax loss of £262 million for the 2024-25 season.
Chelsea
fromwww.fourfourtwo.com
5 days ago

Chelsea handed surprising PSR verdict amid record-breaking 262m losses

Chelsea reported a record pre-tax loss of £262 million for the 2024/25 tax year despite high revenue figures.
Chelsea
fromwww.bbc.com
5 days ago

Chelsea make biggest loss in Premier League history

Chelsea reported a record pre-tax loss of £262 million for the 2024-25 season.
UK politics
fromwww.bbc.com
3 days ago

'Not fit for purpose' - the secret history of a deadly phrase

The phrase 'not fit for purpose' originated from a 2006 memo by Sir David Normington regarding the Home Office's inefficiencies.
Tech industry
fromComputerWeekly.com
1 week ago

Flaws in government procurement show in HMRC 473m AWS award | Computer Weekly

AWS has secured a £473m contract with HMRC, raising concerns over competition and potential government leverage loss.
EU data protection
fromComputerWeekly.com
1 week ago

UK government lacks ambition to fight tax fraud, says PAC | Computer Weekly

The UK's PAC criticizes the government for failing to modernize technology to combat tax fraud and error, costing taxpayers billions annually.
UK news
fromwww.theguardian.com
1 week ago

UK defence firms bleeding cash' as delayed spending plan leaves industry in paralysis'

Defence manufacturers face severe challenges due to delays in the UK military spending plan, leading to business failures and industry paralysis.
London startup
fromBBC News
2 weeks ago

NCP: Where did it all go wrong for the car park operator?

National Car Parks collapsed due to reduced demand from flexible working, rising costs, and changing consumer habits.
London politics
fromIrish Independent
4 days ago

Metrolink's 550k boss Sean Sweeney quits in fresh blow to transport project

Mr. Sweeney departs from MetroLink due to personal reasons after two years, prompting an international search for his replacement.
Chelsea
fromESPN.com
6 days ago

Chelsea record highest pre-tax losses in Premier League history

Chelsea reported pre-tax losses of £262.4 million for the year ending June 30, 2025, attributed to increased operating costs.
from24/7 Wall St.
2 weeks ago

Centuri's Backlog Is Booming, But Its Debt and Valuation Still Loom Large

Centuri ended 2025 with a $5.9 billion backlog, up 59% from the prior year, 82% of which was MSA work. For 2026, the company already has approximately $1.1 billion in year-to-date bookings, covering over 85% of the midpoint of its 2026 base revenue guidance.
Business
EU data protection
fromBusiness Matters
2 weeks ago

Companies House disciplines over 100 staff amid compliance concerns

Companies House disciplined 132 employees for policy breaches, highlighting operational challenges and the need for stronger data security measures.
Law
fromBusiness Matters
3 weeks ago

HMRC investigations into big businesses now last nearly three and a half years on average

HMRC tax investigations into UK's largest companies average 41 months to resolve, with over 2,100 active cases affecting roughly half of Britain's largest enterprises.
UK politics
fromwww.bbc.com
5 days ago

Starmer holds off from emergency measures but warns storm is coming

The UK Prime Minister emphasized the challenges posed by the Iran conflict and the economic impact it may have on the country.
UK politics
fromwww.theguardian.com
5 days ago

MP rejects Palantir's claims that criticism of NHS England deal is ideologically motivated'

Concerns over Palantir's NHS contract focus on transparency, data security, and value for money, not just ideological motivations.
#corporate-administration
UK news
fromBusiness Matters
3 weeks ago

NCP faces administration as Britain's largest car park operator files court notice

National Car Parks, Britain's largest car park operator, has filed notice of intention to appoint administrators, putting over 1,000 jobs at risk and threatening services at hundreds of UK parking facilities.
UK news
fromBusiness Matters
3 weeks ago

NCP faces administration as Britain's largest car park operator files court notice

National Car Parks, Britain's largest car park operator, has filed notice of intention to appoint administrators, putting over 1,000 jobs at risk and threatening services at hundreds of UK parking facilities.
UK news
fromwww.independent.co.uk
3 weeks ago

Major UK car park firm collapses into administration

NCP, a major UK car park operator managing 340 sites, entered administration due to post-pandemic occupancy decline and mounting losses, affecting 682 jobs.
UK politics
fromwww.theguardian.com
1 week ago

Listen to a grieving mother and have no doubts: water privatisation has been a lethal scandal | Clive Lewis

A meeting with families affected by water pollution highlighted the urgent need for public ownership of water services.
#government-outsourcing
European startups
fromTheregister
1 month ago

Capita 370M Whitehall outsourcing deal challenged in court

Capita won a £370 million ten-year UK government outsourcing contract for HR and finance services across four departments, significantly below the £958.7 million estimated value, facing a legal challenge from rival Sopra Steria over abnormally low bidding.
European startups
fromTheregister
1 month ago

Capita 370M Whitehall outsourcing deal challenged in court

Capita won a £370 million ten-year UK government outsourcing contract for HR and finance services across four departments, significantly below the £958.7 million estimated value, facing a legal challenge from rival Sopra Steria over abnormally low bidding.
fromTheregister
1 week ago

Wales used Copilot to justify axing publicly funded body

I was alarmed and made a point to the board that the review refers to Microsoft Copilot as being used to evaluate the returns. I don't think you can rely on artificial intelligence to do that. It's just wrong.
UK politics
Business
fromwww.theguardian.com
1 month ago

UK recruiter emerges from insolvency for third time, avoiding millions owed in tax

A UK recruitment business has been acquired out of administration for the third time in four years, with former management retained and millions owed to HMRC, exemplifying phoenixism practices that cost the exchequer billions annually.
Miscellaneous
fromBusiness Matters
1 month ago

Complaints about HMRC surge to five-year high as redress payments rise

HMRC complaints reached 93,589 in 2024/25, up 19.2% over five years, with compensation cases rising 35% and reaching 16.4% of all complaints.
EU data protection
fromTheregister
4 weeks ago

UK's Shared Services Strategy is entering the danger zone

The UK government's Shared Services Strategy faces legal challenges and implementation risks as it pursues a £1.7 billion consolidation of 17 departments into five cloud-based shared services centers by 2028.
fromwww.theguardian.com
1 month ago

Dirty water, death and decline: the inside story of a privatisation scandal

Sarah Lambert took her usual morning swim for 40 minutes off Exmouth town beach before her volunteer shift helping disabled people get access to the water. A wheelchair user herself, Lambert's regular sea swims twice a week between the lifeboat station and HeyDays restaurant were the perfect form of exercise for her disability.
Public health
UK politics
fromBusiness Matters
2 weeks ago

HS2 speeds could be cut as government seeks to rein in spiralling costs

The government is considering reducing HS2 train speeds to save costs and avoid delays on the high-speed rail project.
UK news
fromLondon Business News | Londonlovesbusiness.com
3 weeks ago

Less than 10% of pothole compensation claims are successfully paid to drivers - London Business News | Londonlovesbusiness.com

English motorists filed over £10 million in pothole damage claims during 2024/25, but fewer than 10% were approved, with only £666,712 paid out from nearly 10,000 claims.
UK politics
fromwww.independent.co.uk
2 weeks ago

HS2 trains could run slower' to cut costs on embattled project

The Independent provides critical journalism on various issues without paywalls, relying on donations to support their reporting efforts.
UK news
fromwww.independent.co.uk
3 weeks ago

UK water giant to pay 44.7m over unacceptable' sewage spills

Welsh Water faces a £44.7 million penalty from Ofwat for serious breaches in sewage network operation, maintenance, and environmental protection.
fromwww.theguardian.com
2 weeks ago

Minister claimed thousands of pounds on expenses for promotional videos

Al Carns claimed about £3,000 for the production of 17 videos that show him interacting with local businesses, including a pull-up challenge with a firefighter.
UK politics
#post-office-horizon-scandal
UK politics
fromTheregister
3 weeks ago

Horizon redress still a mess, MPs say

Over a year after warnings, Post Office Horizon scandal compensation schemes remain slow and bureaucratic, leaving thousands of sub-postmasters waiting for payouts despite £1.4 billion already distributed.
UK politics
fromwww.theguardian.com
3 weeks ago

Redress schemes for Post Office Horizon scandal have serious failings, MPs find

Post Office Horizon scandal redress schemes have critical structural failings causing unacceptable delays, inadequate compensation offers, and retraumatization of wrongly prosecuted operators.
UK politics
fromTheregister
3 weeks ago

Horizon redress still a mess, MPs say

Over a year after warnings, Post Office Horizon scandal compensation schemes remain slow and bureaucratic, leaving thousands of sub-postmasters waiting for payouts despite £1.4 billion already distributed.
UK politics
fromwww.theguardian.com
3 weeks ago

Redress schemes for Post Office Horizon scandal have serious failings, MPs find

Post Office Horizon scandal redress schemes have critical structural failings causing unacceptable delays, inadequate compensation offers, and retraumatization of wrongly prosecuted operators.
#road-infrastructure
UK politics
fromLondon Business News | Londonlovesbusiness.com
2 weeks ago

Cost of fixing Britain's pothole crisis hits record 18.6bn - London Business News | Londonlovesbusiness.com

England and Wales road repair costs reach record £18.6 billion with only 51% of local roads in good condition, despite increased government funding failing to prevent continued deterioration.
UK politics
fromwww.theguardian.com
3 weeks ago

National disgrace': pothole repair backlog hits record 18.6bn in England and Wales

England and Wales face a record 18.6bn pothole repair backlog, with new damage accumulating faster than government funding can address despite councils filling 1.9m holes annually.
UK politics
fromLondon Business News | Londonlovesbusiness.com
2 weeks ago

Cost of fixing Britain's pothole crisis hits record 18.6bn - London Business News | Londonlovesbusiness.com

England and Wales road repair costs reach record £18.6 billion with only 51% of local roads in good condition, despite increased government funding failing to prevent continued deterioration.
UK politics
fromwww.theguardian.com
3 weeks ago

National disgrace': pothole repair backlog hits record 18.6bn in England and Wales

England and Wales face a record 18.6bn pothole repair backlog, with new damage accumulating faster than government funding can address despite councils filling 1.9m holes annually.
London politics
fromwww.standard.co.uk
1 month ago

The scandal of London councils' spending black holes

Local government councils raise council tax without demonstrating clear value or exploring efficiency improvements that private sector organizations routinely implement.
US politics
fromwww.independent.co.uk
1 month ago

Private equity firms are cashing in' on broken Send system, Lib Dems say

Liberal Democrats call for SEND to be designated critical national infrastructure with legal protections amid concerns private firms profit from EHCPs and planned reassessments.
Education
fromLondon Business News | Londonlovesbusiness.com
2 months ago

SEND crisis: Vast majority of councils warn of insolvency and call for reform amid huge deficits - London Business News | Londonlovesbusiness.com

Eight in ten councils expect insolvency by 2028/29 due to rising SEND high-needs deficits unless the Government writes off deficits and reforms the system.
Soccer (FIFA)
fromwww.bbc.com
2 months ago

Hamilton insolvency risk remains, admits new owner

Hamilton Academical's new owner Rob Edwards faces insolvency risk but expects to avoid administration while negotiating creditor settlements and paying overdue wages.
Retirement
fromwww.bbc.com
1 month ago

Civil service pension backlog 'overwhelmed' Capita, boss says

Capita's takeover of the Civil Service Pension Scheme created a growing backlog that left thousands of retired civil servants without timely pension payments.
Environment
fromwww.theguardian.com
1 month ago

Water bosses in England exploiting bonus loophole face crackdown

Government will close loopholes allowing failing water company bosses to receive large bonuses despite an existing ban.
Marketing
fromBusiness Matters
2 months ago

Telecoms' debt problem hides a deeper truth about how the industry really works

Telecom profitability depends more on efficient commercial operations—sales, distribution, customer acquisition and retention—than on asset ownership or network coverage.
fromwww.bbc.com
2 months ago

NHS trust used charity funds for 'leaving event'

Cash from Nottinghamshire Healthcare NHS Foundation Trust's charitable operations was applied for and used to help organise the event in December for former chairman Paul Devlin, who left the trust earlier this month. The mental health trust was involved in the care of Valdo Calocane, a paranoid schizophrenic who killed Barnaby Webber, Grace O'Malley-Kumar and Ian Coates in the Nottingham attacks in June 2023.
Healthcare
fromTheregister
1 month ago

Sopra Steria sues UK over 958M Capita outsourcing award

Sopra Steria claims the Department for Work and Pensions (DWP), which leads the shared services program for multiple departments, failed to spot that Capita's bid for the contract was "abnormally low" relative to Sopra Steria's tender for the same work. It also alleges that after the UK outsourcer was named preferred bidder for the contract, the DWP conducted further renegotiations around Capita's tender.
UK news
UK politics
fromwww.independent.co.uk
3 weeks ago

Perilous' financial position of NHS trusts laid bare as 780m deficit revealed

NHS trusts collectively ran a deficit exceeding 780 million pounds in 2024/25, forcing health leaders to make difficult choices impacting patient care and potentially resulting in job cuts.
Miscellaneous
fromIrish Independent
2 months ago

At least 3.7m unaccounted for as liquidators appointed to investment firm

Provisional liquidators were appointed to Strand Investments & Finance Ltd (123 Financial Services) after suspected misappropriation left at least €3.7m unaccounted and clients affected.
#housing-fraud
Public health
fromwww.bbc.com
1 month ago

Health grant of 1.8m misused by council

Barking and Dagenham Council discovered about £1.8m of its public health grant had been used outside the ringfence and must reallocate equivalent funds to health spending.
UK politics
fromwww.theguardian.com
4 weeks ago

While people feel the foundations of their lives are shaking, this deep crisis will continue | Clive Lewis

Labour faces a legitimacy crisis rooted in decades of economic marketization and financialization, requiring a decisive break with Thatcherite policies rather than superficial reforms.
Miscellaneous
fromIndependent
2 months ago

Watchdog hits out at 'cartels' that are rigging their bids for big state projects

Law is too weak and detection risk too low to deter bid-rigging that fixes prices on publicly funded projects in Ireland.
Business
fromBusiness Matters
2 months ago

Barclay brothers given six weeks to strike deal to avoid bankruptcy

Howard and Aidan Barclay must secure creditor-backed IVAs by 17 March or face potential bankruptcy after HSBC launched proceedings over Logistics Group debt.
fromwww.standard.co.uk
1 month ago

More than 100 affordable homes in west London to be demolished after contractor goes bust

In January 2022, Henry Construction was awarded a 40 million contract by the local authority to deliver 105 Passivhaus-standard new homes across these six sites all designed by Bell Phillips and work started on the schemes later that year. The Ealing Council building Nearly 18 months later in June 2023, the builder went into administration, leaving some buildings unfinished, though close to completion. At the time, the council said it was committed to completing all of the homes a position which has since changed.
London politics
fromBusiness Matters
2 months ago

How Business Recovery and Insolvency Can Help Avoid Liquidation

The weight of mounting debts, unmanageable cash flow issues, and the pressure from creditors can quickly lead a company to the brink of liquidation. However, insolvency and business recovery processes, when handled properly, can offer a lifeline to businesses in distress. One such company that specializes in these services is BABR (Bailey Ahmad Business Recovery), which provides essential strategies and expert guidance to help businesses navigate the complex waters of financial recovery and avoid the often devastating consequences of liquidation.
Business
UK politics
fromwww.theguardian.com
1 month ago

Most senior council officers in England say building work hit by delays

Two-thirds of senior council officers report construction project delays despite local authorities' central role in Labour's housing and infrastructure plans, with funding uncertainty and skills shortages as primary obstacles.
fromwww.independent.co.uk
1 month ago

Lobbying firm co-founded by Peter Mandelson collapses into administration

Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
UK news
fromComputerWeekly.com
2 months ago

Post Office offered bailout to cover 104.4m IR35 tax bill linked to Horizon IT scandal | Computer Weekly

This population [of contractors] had been unusually large to enable the provision of information and documents to the public inquiry, handle thousands of remediation claims and the development of systems to move off Horizon,
UK news
UK news
fromBusiness Matters
2 months ago

Post Office to receive 104m taxpayer bailout to cover historic IR35 breach

Government will provide up to £104,441,881 to pay Post Office's historic IR35 tax liability to HMRC because the Post Office cannot fund it.
UK politics
fromLondon Business News | Londonlovesbusiness.com
1 month ago

Jenrick Warns the UK 'Is Going Bankrupt' Action Needed - London Business News | Londonlovesbusiness.com

Reform UK will approach tax-and-spend cautiously, reimpose the two-child benefit limit, prioritize working people over welfare, and aim to reduce dependency amid public finance concerns.
UK news
fromTheregister
2 months ago

UK watchdog to rule on 246M Post Office subsidy

The UK plans £246 million in subsidies to the Post Office: £141.8m for Horizon scandal remediation and £104.4m to cover IR35-related tax liability.
fromComputerWeekly.com
1 month ago

College of Policing accounts 'disclaimed' by auditor for second year in wake of IT failure | Computer Weekly

The accounting watchdog said that, although there had been no new financial issues, it "disclaimed" the college's latest 2024-25 accounts because of the continuing "fallout" from financial reporting problems that resulted from a problematic IT project. "We were not able to provide a complete opinion on the opening position or in-year transactions for 2024-25, both of which are heavily derived from the closing position of the prior year," it added.
UK news
UK news
fromTheregister
2 months ago

West Midlands copper chief cops it after Copilot copped out

West Midlands Police chief constable Craig Guildford retired after the force used fabricated Microsoft Copilot output to justify banning Israeli football fans.
UK news
fromBusiness Matters
2 months ago

More than 28,000 corporate insolvencies in 2025 highlight strain on UK businesses

UK companies faced sustained financial strain in 2025 with 28,616 insolvency activities, concentrated in construction, wholesale, retail, accommodation, food services, and manufacturing.
#local-government-finance
UK politics
fromwww.bbc.com
1 month ago

Lobbying firm co-founded by Mandelson faces collapse

Global Counsel is preparing to enter administration after major clients cut ties following revelations of links between co-founder Lord Mandelson and Jeffrey Epstein.
UK news
fromComputerWeekly.com
2 months ago

MPs and contractors urge UK government to U-turn on 'manifestly unfair' Loan Charge settlement terms | Computer Weekly

UK government will cut outstanding Loan Charge liabilities by at least 50% for remaining in-scope contractors, excluding those who already settled, prompting accusations of unfairness.
fromTheregister
2 months ago

Capita pension botch forces government into damage control

Capita and the Cabinet Office are deeply sorry for the worry, frustration, and distress this has caused - particularly for those dealing with bereavement or ill health.
UK politics
fromwww.theguardian.com
2 months ago

Catastrophic' MoJ leasing of jail with toxic gas set to cost more than 100m

A catastrophic decision by the Ministry of Justice to sign a 10-year lease on a prison where high levels of a poisonous gas had been detected is expected to cost the UK taxpayer more than 100m, parliament's spending watchdog has concluded. The public accounts committee said the 2022 deal to rent HMP Dartmoor from the Duchy of Cornwall was signed in a blind panic by senior civil servants looking to guarantee prison places.
UK politics
UK politics
fromwww.standard.co.uk
2 months ago

London council 'at risk of bankruptcy' to increase tax, fees and charges

Hillingdon Council cannot legally balance its budget without government Exceptional Financial Support and will raise council tax and discretionary fees, including a 10% fee increase.
UK politics
fromwww.theguardian.com
2 months ago

There can be no exclusions': how Hillsborough law hit a roadblock

Keir Starmer personally championed and introduced the Hillsborough law but faced later rejection from bereaved families over duty-of-candour provisions.
UK politics
fromwww.theguardian.com
2 months ago

City minister accused of ignoring 2bn car finance tax loophole

City minister Lucy Rigby confirmed banks involved in the car finance scandal can exploit a loophole to avoid about £2bn in corporation tax on compensation.
UK politics
fromwww.bbc.com
2 months ago

Stop making excuses and blaming the system, says Streeting

Wes Streeting urged Labour to stop blaming systemic obstacles and take responsibility for delivering faster, tangible reform in public services.
UK politics
fromwww.theguardian.com
1 month ago

Reform UK's Kent council faces extreme risk' after passing first budget

Reform UK-led Kent council raised council tax 3.99%, leaving reserves low and exposing the authority to £411m of immediate financial risk.
UK politics
fromwww.bbc.com
2 months ago

Botched insulation scheme was 'doomed to fail', say MPs

Thousands live in homes posing health and safety risks after failures in ECO4 and GBIS insulation schemes; widespread installer non-compliance and slow remediation reported.
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