UK Treasury to review under-fire Financial Ombudsman Service

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Financial Times 22h 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”.