The UK's National Audit Office (NAO) will investigate the controversial Lower Thames Crossing project amid concerns over rising costs and public funds being used for a privately run asset. Campaigners are urging for the investigation to be fast-tracked before more money is wasted.
Campaigners call for reform and public inquiry into royal finances after revelations about Andrew Mountbatten-Windsor's private income from subletting cottages
A National Audit Office report details the UK royal family's property leases, showing inconsistent rental terms, including Prince Andrew's holdings and the monarch's subsidization of his daughters' homes.
The UK's spending watchdog, the NAO, warns Sizewell C nuclear plant's £38bn cost faces "significant uncertainty" and may not benefit households until 2064. Risks are substantial and borne by the public, despite government claims of future savings.
Hard decisions over a possible sale and future subsidies loom now full nationalisation is on the cardsExplainer: how did we get here, and what about the future?Full nationalisation of British Steel expected in king’s speech“One of the proudest things we have done in government,” said Keir Starmer in Monday’s big speech about the decision a year ago to recall parliament in order to take control of British Steel at Scunthorpe.It was an odd boast because last year’s action was merely an emergency exercise in saving the patient, as opposed to getting British Steel on its feet and out of the hospital. Taking control meant the Chinese owner, Jingye, could not turn off the two blast furnaces but meant the government was on the hook for operational losses, which will be £615m and counting by next month according to the National Audit Office (NAO). Continue reading...
