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The Government should also relinquish its entitlement to the Investment Reserve, and transfer the £1.2bn fund to miners, to provide an immediate cash uplift to former miners. The Mineworkers’ Pension Scheme report finds that, given the strong financial performance of the Mineworkers’ Pension Scheme, and the “vast sums” which have been paid to the Government, it is “unconscionable” that many of the Scheme s beneficiaries are struggling to make ends meet. The Committee’s report examines the Scheme’s controversial 50:50 split surplus sharing arrangement and notes that “allowing the arrangement to continue would appear antithetical to the Government s stated aim of redressing socio-economic inequality and levelling up left-behind communities”. ....
UK targets 78% cut in GHG emissions by 2035 Apr 21, 2021 11:05:am Summary Prime minister Boris Johnson has urged other world leaders to follow suit by raising their climate ambitions. by: Joseph Murphy The UK will enshrine in law a target to reduce its greenhouse gas emissions by 78% by 2035 versus the level in 1990, the government s Department for Business, Energy and Industria. Posted in: ....
Institute for Government: Green Homes Grant Scheme badly undermined by Whitehall Content by subject If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. Poor coordination across government hampered delivery of Green Homes Grant Scheme, according to IfG Think tank argues green homes policy hampered by poor delivery, optimistic timetables, and lack of Whitehall coordination The government must quickly learn lessons from the failure of its flagship green homes upgrade voucher scheme or it will fail to decarbonise the UK s notoriously draughty housing stock, which remains responsible for a sizeable chunk of the country s greenhouse gas emissions. ....
Financial News Long-awaited audit reform plans to be published this week By Wednesday March 17, 2021 1:41 pm A blueprint for the shake-up of the UK’s audit sector set to be published this week could include plans for the mandatory clawback of bonuses following corporate wrongdoing. The audit reform whitepaper, due to be published on 18 March, will include proposals for the cancellation or clawback of directors’ bonuses where directors have failed to protect customers and employees interests, Sky News reported. The. ....