Anna Wise
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🔮 Around half of the wealth division’s management and specialist roles are expected to be cut, while its financial advisers will be reduced by up to around 70%, the Financial Times (FT) reported, citing an anonymous source familiar with the plans.
🔮 Sue Young, the Gambling Commission’s executive director of operations, said: “We would advise all premises-based operators to take a careful look at this case and ensure their own business is not making the same mistakes and, therefore, they do not face costly and inevitable commission action.”
🔮 Around half of the wealth division’s management and specialist roles are expected to be cut, while its financial advisers will be reduced by up to around 70%, the report said.
🔮 The energy giant told investors it was forecasting integrated gas production to be between 740,000 and 780,000 barrels of oil equivalent per day (BOED) between July and September.
🔮 The energy giant told investors it was forecasting integrated gas production to be between 740,000 and 780,000 barrels of oil equivalent per day (BOED) between July and September.
🔮 In “exceptional circumstances”, such as where there are significant concerns about food security or risks of social unrest, support may need to extend beyond the poorest households, it said.
🔮 The so-called electricity margin notice sends a message to the electricity market that the operator would like a greater safety cushion, or margin, between power demand and supply for a limited period.
🔮 Mr Jarvis had been the regulator’s interim boss since March and will now take on the position on a permanent basis.
He succeeds former chief executive Jonathan Brearley who stepped down after a six-year tenure, having led the regulator through the Covid-19 pandemic and the energy crisis sparked by Russia’s war in Ukraine.
Ofgem’s chairman Mark McAllister said it had been a “rigorous recruitment process” and the board was confident that Mr Jarvis was “the right person to lead Ofgem through its next chapter”.
“His appointment provides continuity, but it is also about the future,” he said.
🔮 UK services firms raise prices at fastest rate since May amid fuel surge
🔮 Google says its Play Store offers some of the lowest fees in the market and that it would defend its services “vigorously”.
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