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The Latest Breaking News from DBT

Employee-owned Post Office model ‘unlikely to be considered until 2030’

The current level of taxpayer funding for the Government-owned postal service was unsustainable, the Department for Business and Trade said.

The Independent UK

Trade strategy will protect UK firms from ‘harm’ amid global shift – ministers

Trade strategy will protect UK firms from ‘harm’ amid global shift – ministers

The Department for Business and Trade said it was the UK’s first Trade Strategy to be published since Brexit.

The Independent UK

MPs slam ‘flat-footed’ Government effort to recover £1.9bn in Covid loan fraud

MPs slam ‘flat-footed’ Government effort to recover £1.9bn in Covid loan fraud

THE UK Government has been labelled “dangerously flat-footed” in its attempts to recover billions of pounds worth of taxpayer losses from an…

The National (Scotland)

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Government did not want to ‘harass’ Post Office victims by chasing up claims

At least £600,000 each relating to Horizon IT scandal remains unclaimed, with officials reluctant to recontact victims

The Guardian - UK

Government branded ‘dangerously flat-footed’ in recovering £1.9bn of Covid loan losses

The Public Accounts Committee (PAC) – comprised of cross-party MPs – criticised the lack of incentive for lenders to recover the money

The Independent UK

Government ‘passive’ in recovering £1.9bn of Covid loan losses, MPs warn

The Public Accounts Committee criticised the lack of incentive for lenders to recover the money.

Evening Standard

Post Office compensation still moving far too slowly, say MPs

The Government announced earlier this month that more than £1billion has been paid out to subpostmasters across the Horizon-related schemes.

The Independent UK

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More than £1 billion paid to those wronged by Horizon scandal, Government says

More than £1 billion paid to those wronged by Horizon scandal, Government says

The announcement comes after lead campaigner Sir Alan Bates said redress schemes had ‘turned into quasi-kangaroo courts’.

Evening Standard

Pizza Express, Lidl and Halfords named by Government for minimum wage failures

Pizza Express, Lidl and Halfords named by Government for minimum wage failures

The government has released a list of over 500 employers that underpaid workers

The Independent UK

Capita, Pizza Express and Lidl named by Government for minimum wage failures

Capita, Pizza Express and Lidl named by Government for minimum wage failures

The Department for Business and Trade (DBT) released a list of 518 employers and businesses that underpaid workers over several years.

Evening Standard

Bates urges Horizon victims to take Government to court over redress delays

Bates urges Horizon victims to take Government to court over redress delays

The lead campaigner told subpostmasters it would ‘probably be the quickest way to ensure fairness for all’.

Evening Standard

UK ministers and officials treated to hospitality 3,500 times in five years, study finds

UK ministers and officials treated to hospitality 3,500 times in five years, study finds

Some of firms providing meals and tickets also among those to secure most meetings in key departments

The Guardian - UK

Watchdog in growth warning over key department’s limited industry support

Watchdog in growth warning over key department’s limited industry support

The National Audit Office said the Department for Business and Trade must boost support for sectors if the Government is to achieve its main mission.

Evening Standard

CEO of $4.2 billion tech giant says defying Silicon Valley's ‘move fast and break things’ mantra was essential to growing his business

The founder of DBT Labs, Tristan Handy, says moving at his own pace fostered innovation and growth—it can feel antithetical to the strategies of Google and Meta.

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Evening Standard

Coroner warns of danger of storing e-bikes at home after boy died in blaze

Eight-year-old Luke Albiston O’Donnell died in hospital after an e-bike on charge in the front room of his house in Merseyside caught fire in August.

The Independent UK

Kemi Badenoch ‘tried to use taxpayers’ money to fund holiday flight’

Sources said the request was rejected by the top civil servant in the department for business and trade

National Institute of Animal Biotechnology dedicates solar grid of 900 kWp

NIAB Hyderabad inaugurates 900 kWp solar grid, saving ₹1 crore in energy costs and reducing CO2 emissions.

DBTs totalling Rs 34 lakh crore resulted in savings of Rs 2.7 lakh crore to govt: Finance Minister in Budget Speech

Budget 2024: Direct Benefit Transfers (DBTs) through Jan Dhan accounts have saved the government Rs 2.7 lakh crore, leading to increased funds for PM Garib Kalyan Yojna.

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The Independent UK

Airline fury at ‘drip pricing’ accusation amid fears that new rules could see ticket prices rise

Airline boss says fees are ‘no different from buying a pizza – if you want extra toppings, you pay for them’

Centre may raise retirement age of scientists from 60 to 65

MoST seeks to raise retirement age of scientists to 65 to stem flight of top scientists to universities/IITs. Proposal under discussion; DBT has sent details of eligible scientists for evaluation. Government has previously mooted raising retirement age to bring parity in service conditions. Modi govt. has done away with extensions,…

The Independent UK

Government assesses changes to stop ‘widespread’ practice of hidden online fees

So-called ‘drip pricing’ is costing UK consumers £1.6 billion a year online, the Government said.

GITAM hosts session on funding opportunities

“The proposition of a project proposal is very important. The intention may be very good, but how are you positioning it? You should be articulate to defend your proposal in terms of positioning, thinking process,“ said Mohammad Aslam, consultant (DBT-ILS) and former adviser, Department of Biotechnology (DBT), Ministry of Science…

Explained | The problem with India’s new guidelines on genetically modified insects

In April 2023, the Department of Biotechnology (DBT) issued the ‘Guidelines for Genetically Engineered (GE) Insects’. They provide procedural roadmaps for those interested in creating GE insects. They have three problems for researchers, discussed in the article.

Argos, M&S and WH Smith fined thousands of pounds for failing to pay minimum wage

The companies are among 200 others that have been "named and shamed" by the Department for Business and Trade

Argos and WH Smith fined for failing to pay minimum wage - see full list of 200 firms

The companies are among 200 others that have been "named and shamed" by the Department for Business and Trade (DBT) for short-changing staff between 2017 and 2019

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