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UK Treasury to review under-fire Financial Ombudsman Service

Financial Times LogoFinancial Times17h ago

UK Treasury to review under-fire Financial Ombudsman Service - Financial Times

Quick Summary:

Ministers have made the revival of the Oxford-Cambridge Arc central to their economic growth mission, but concerns over water shortages have led to delays in developments by the Environment Agency, the pollution watchdog in England.

As part of the wider action plan, the government said it would strengthen efforts to overhaul environmental guidance for planners as it seeks to prevent delays to infrastructure schemes.

The Treasury said the review of the ombudsman was “expected to conclude by the summer and the government stands ready to legislate in order to ensure that we have a dispute resolution system in the UK which is fit for a modern economy”.


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Article Details

Author / Journalist: Jim Pickard

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 15:11:13 (17 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 875 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27092205

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 5 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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  • URL: https://beamstart.com/news/uk-treasury-to-review-under-17422282097719

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