According to weekend reports, the Department of Transport, Local Government and the Regions is planning to use a report by Ernst & Young into the public private partnership for London Underground to advocate a change in policy.
The decision on the future of the Tube, which is expected within weeks, would be seen as a victory for Ken Livingstone, Mayor of London, who has vehemently opposed the plans.
It is understood that additional funding for the ailing underground system could come in the form of government bonds, a solution proposed by Bob Kiley, Livingstone’s transport chief.
Transport Secretary Stephen Byers has been under pressure since calling in administrators at Railtrack to ensure the Tube deal is backed by the City as well as providing value-for-money for commuters.
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast