Caroline Wayman: How I got through tough times at the Financial Ombudsman Opinion We dig into the memory bank of the City's top brass. Today, Caroline Wayman tells us how she got through tough times as head of the Financial Ombudsman.
Government consultants pledge under threat as spending jumps Politics Government spending on management consultants rose by over £150m during Labour’s first year in office, despite the party’s manifesto pledge to halve the amount departments dish out to third party advisers, City PM can reveal. Total spending on management consultancy contracts totalled £1.44bn during the first 12 months of the government’s four-year term, up from [...]
Public sector spending on consultants hits record high despite efforts to cut Big Four Public sector spending on management consultants has ballooned to a near-record high this year despite efforts to cut reliance on the expensive sector. Fees to consultants from central government, local authorities and other departments swelled to an estimated £3.4bn in the last fiscal year between 2023 and 2024, a rise of 12 per cent on [...]
