At least 13 highly paid bureaucrats had second jobs during time at Whitehall
In wake of lobbying scandal, Telegraph investigation finds more than a dozen of most senior civil servants had private sector roles
20 April 2021 • 9:30pm
Sir Stephen Lovegrove, 54, centre, joined the civil service in 2007 after working as an investment banker for nearly 10 years. He had a leading role in organising the 2012 London Olympics before becoming the head of the Department of Energy and Climate in 2013. He became the Permanent Secretary of the Ministry of Defence just three years later, earning a salary of £190,000 a year.
At least 13 of the highest paid mandarins and bureaucrats have held second roles during their time in Whitehall, an investigation by The Telegraph has found.
To embed, copy and paste the code into your website or blog:
Commissioned by the U.K. government to review its antitrust regime, Conservative Member of Parliament John Penrose’s “Power to the People” report proposes streamlined, modest changes rather than wholesale reform to the current regime. The report’s recommendations are outlined below:
Merger reviews and antitrust investigations should be done “faster, better,” with all but the most complicated cases resolved “within weeks or months rather than years.” Companies should be able to resolve cases at any time with remedies, and investigations should take place within a transparent and predictable legal framework;
Latest civil service & public affairs moves February 8
New appointments in the civil service, UK politics, and public affairs, via our colleagues at Dods People
Prime Minister’s Office – Alex George appointed as youth mental health ambassador.
Department for Digital, Culture, Media and Sport: Victoria and Albert Museum – Lynda Nead, Ben Eliot and Nigel Webb reappointed as trustees.
Department for Education – Kevan Collins appointed as education recovery commissioner.
Department for Environment, Food and Rural Affairs: Environment Agency – Stewart Davies, Ines Faden da Silva and Lilli Matson appointed as board members.
Adaptation Committee of the Climate Change Committee – Michael Davies reappointed as a member.
Search
Neobanks have Not Yet Gained Trust of Most Consumers, but Monzo and Starling Lead in Service Quality: Survey
January 19, 2021 @ 8:14 pm By Omar Faridi
Although neo banks or digital banking platforms have been gaining significant market share during the past few years, consumers still appear to be somewhat hesitant when working with these new providers as their primary accounts, according to recent research by
Accenture.
The 2020
Accenture Global Banking Consumer Survey, which obtained feedback from over 47,000 consumers from 28 different markets, revealed that there was an increase in neobank adoption (23% of survey respondents in 2020 maintaining a neobank account, compared to only 17% back in 2019). However, the number or percentage of people that actually use their neobanking accounts as their main account remains quite low at just 12%.
In brief: regulation of inbound foreign investment in United Kingdom lexology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lexology.com Daily Mail and Mail on Sunday newspapers.