Category : Search result: public sector finance


NZ's Largest Strike: 300,000 Workers Walk Out

In an unprecedented display of unity, over 300,000 public sector workers across New Zealand have launched the country's largest-ever strike, demanding better pay and working conditions amid soaring inflation.

UK's £17bn AWS dependency exposed by major outage

A significant Amazon Web Services outage has laid bare the UK government's staggering £17 billion reliance on the tech giant, raising urgent questions about national infrastructure security and single-point dependency risks.

Lloyds sets aside £450m for car finance claims probe

Exclusive: Lloyds Banking Group sets aside £450 million as FCA investigates discretionary commission arrangements in car finance market, potentially triggering compensation claims for millions of British motorists.

Lloyds adds £800m to car finance compensation pot

Lloyds Banking Group faces mounting costs as it allocates another £800 million to cover compensation for historical motor finance commission claims, bringing total provisions to a staggering £2 billion.

Bank error leaves man £2.6 million richer

A British man's ordinary day turned extraordinary when he discovered his bank account had been credited with an unexpected £2.6 million payment, sparking a whirlwind of excitement and ethical dilemmas.

Gogglebox star, 80, loses NHS job after TV deal

Beloved Gogglebox octogenarian Mica Ven has been removed from her £62,000 NHS position following her television contract, sparking debate about public sector employment rules.

Lloyds warns of bigger car finance scandal hit

Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.

Lloyds faces FCA probe over motor finance practices

The Financial Conduct Authority has launched a formal investigation into Lloyds Banking Group's motor finance lending practices, raising concerns about potential customer harm in the lucrative car finance market.

Reeves: No Money for Public Sector Pay Rises

Chancellor Rachel Reeves declares no money for public sector pay rises in upcoming budget, setting stage for potential confrontation with unions as she blames previous Tory government for empty coffers.

Millions Could Claim Car Finance Compensation

A major financial investigation reveals up to 7 million British motorists may be entitled to compensation after being overcharged on car finance deals. Discover how to check if you're affected.

NSW official hid in cupboard during corruption probe

Shocking revelations emerge as a senior NSW government official admits to concealing themselves in a cupboard during a corruption investigation into alleged multi-million dollar kickbacks, exposing serious misconduct within the public sector.

France paralysed by mass strikes over economic reforms

France faces widespread disruption as transport, education and public services grind to a halt amid union-led protests against the new prime minister's economic agenda, testing President Macron's government.

Qld police helicopter pilot's £183k salary revealed

A senior Queensland police helicopter pilot's staggering £183,000 annual salary has ignited controversy, raising questions about public sector spending and transparency in aviation operations.

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