All the updated news related to industrial strategy

All the news related to industrial strategy updated in real time

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Construction firms offered cybersecurity advice in new safety scheme

Construction firms working together on major building projects such as high-speed railway HS2 are being offered first-of-its-kind security advice from the cybersecurity industry and government on how to better protect themselves from cyber attacks. ...

23 Aug 2022 at 13:03

Support on energy bills is outdated and needs to change, MPs warn

The Government needs to immediately change its out-of-date energy bill support for households, MPs have said, as they accused energy regulator Ofgem of being “negligent”. The influential select committee that deals with energy said that a massive ...

26 Jul 2022 at 01:01

One in 12 businesses default on Covid loans, figures show

Banks ask Government to pay £1 in every £9 for Covid loans

Around one in 12 businesses have defaulted on the Government-backed loans they took during the pandemic. The Department for Business, Energy and Industrial Strategy revealed on Thursday that £414 million has so far been paid out to cover loans ...

28 Jul 2022 at 16:08

Scotland

P&O boss to appear before Holyrood committee over sacking of workforce

The boss of ferry operator P&O will appear before a Holyrood committee next week after the company’s decision to sack 800 seafarers by video message was branded “disgraceful” by a minister. Peter Hebblethwaite, the chief executive of the ...

24 Mar 2022 at 14:25

‘HMRC denied banks access to data that could have prevented Covid loans fraud’

The Government did not provide vital data that banks indicated might have let them prevent billions of pounds of fraudulent Covid loans, MPs have been told. Hannah Bernard, the head of business banking at Barclays, said her bank had ...

15 Mar 2022 at 16:25

Failure of energy suppliers will add £2.4bn to bills – Ofgem

The energy suppliers who picked up the pieces when dozens of their rivals collapsed over the last year could be paid £2.4 billion from energy bills, a watchdog said. The charge will be spread across all households in Great Britain, ...

23 Mar 2022 at 11:55

Bulb boss still being paid £250,000 a year despite collapse, MPs told

The boss of bailed-out energy supplier Bulb is still being paid the same £250,000 salary that he was collecting before the business went into administration. Hayden Wood, who set up the company, was asked by administrators to stay ...

19 Apr 2022 at 16:25

Criticising green agenda in light of higher bills is wrong, Ofgem boss says

The boss of Ofgem has hit out at those who claim that the UK cannot keep energy costs down for consumers while fulfilling its climate targets. “Some have argued there is a contradiction between a low carbon and renewable energy ...

08 Mar 2022 at 15:25

Government ‘monitoring’ UK-linked space launch using Russian rockets

No 10 said it is “monitoring” the situation surrounding a Russian-linked satellite launch by a digital company which the UK Government has shares in. It comes after a senior MP questioned whether OneWeb’s collaboration with ...

02 Mar 2022 at 18:55

Universities should not carry out ‘blanket academic boycotts’ of Russia

Universities should not carry out blanket boycotts of Russian academics over the invasion of Ukraine, a leading sector body has said. Universities UK (UUK), which represents 140 universities across the United Kingdom, said ...

03 Mar 2022 at 16:25

MPs demand Government ‘fully compensates’ all victims of Post Office scandal

Hundreds of Post Office workers who challenged the faulty Horizon accounting software in the civil courts should be fully compensated, a group of cross-party MPs has recommended. Labour MP Darren Jones, who chairs the ...

17 Feb 2022 at 01:26

UK Government-backed OneWeb suspends satellite launch at Russian-run spaceport

A satellite launch by a communications firm with UK Government backing will not go ahead after the company’s board suspended use of a Russian-operated spaceport. OneWeb was due on Friday to launch 36 broadband ...

03 Mar 2022 at 13:25

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