Posts Tagged ‘reducing’

High Court orders ‘£445 million’ companies into provisional liquidation

Comments Off | 08-3-2015

The petitions were issued following confidential inquiries carried out by Company Investigations, part of the Insolvency Service.
The Official Receiver has been appointed by the Court as provisional liquidator of the companies on the application of the Secretary of State. The role of the Official Receiver is to protect the assets and financial records of the

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£3 million to fund child sexual exploitation outreach service in Rotherham

Comments Off | 08-3-2015

The funding from the KPMG Foundation, the Department for Education, the Department for Communities and Local Government and Rotherham Borough Council will secure work for the next three years.
The children’s charity Barnardo’s, which has been working in Rotherham since September 2013, will employ a team of 15 specialist workers to help those who have been

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Lloyds share sales raise almost £14 billion for the taxpayer

Comments Off | 08-3-2015

The government has sold a further 1% shareholding in Lloyds Banking Group through the trading plan launched in December, taking the total raised for the taxpayer to almost £14 billion and reducing the government’s shareholding to below 14%. All sales are used to reduce the national debt.
Chancellor of the Exchequer, George Osborne said:
It’s fantastic news

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Appointment of new Director General, Tax and Welfare, HM Treasury

Comments Off | 04-7-2015

James Bowler has been appointed as the new Director General, Tax and Welfare, HM Treasury has announced.
James Bowler will be moving on promotion within the department from his current role as Director, Strategy, Planning and Budget. He will replace Indra Morris, who left the Treasury earlier this month to take up post as Director General,

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Government on track to exceed £20 billion of savings and reductions for taxpayers for 2014 to 2015

Comments Off | 04-7-2015

The government is on track to deliver its target of saving £20 billion for 2014 to 2015 against a 2009 to 2010 baseline through efficiency and reform, and by reducing losses to fraud, error and uncollected debt, the Minister for the Cabinet Office has announced.
The £20 billion for this financial year is equivalent to £1,100

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£297 million to be spent on new flood defences in Thames Valley

Comments Off | 12-3-2014

The new flood defence scheme in Oxford, just one of 162 schemes in the Thames Valley getting the green light today, is worth over £100 million and will protect over 3,000 homes. Government funding has also been allocated to the Lower Thames scheme which will better protect around 15,000 homes.
Some examples of the schemes funded

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