Fraud investigators expect within months to unveil their first cases under a contentious plan to join forces with business to disrupt the most serious financial crimes...
...Richard Alderman, Serious Fraud Office director, said the agency would unveil maiden results this year from "partnerships" with the City that some critics say are a sign of the agency’s waning appetite for prosecuting big companies - Financial Times
The government unveiled a new strategy for manufacturing yesterday that aims to boost skills, exploit the opportunities of a low-carbon economy and bolster the sector's image as an exciting place to work. The new framework emphasises manufacturing's key role in a mixed and balanced economy and argues that Britain can become a world leader in nuclear and renewables, where some 260,000 jobs could be created over the next decade - The Guardian
A toddler paddling in floodwater was rescued by her father after being sucked down a drain and washed along an underground pipe before being thrown into a swollen river. Leona Baxter, 3, was playing in a puddle near a children’s play area in Chester-le-Street, Co Durham, when she stepped into an uncovered storm drain - The Times
Further flooding is feared across Britain this week as residents of the worst hit town complained that a government-backed alternative for traditional sandbags had floated away. Insurers estimated that the storms which have killed eight people, have already caused tens of millions of pounds of damage - The Times
Train companies who continue to dump effluent on the tracks will be facing a bill for cleaning the mess up. Network Rail is in talks with the Association of Train Operating Companies over what they should contribute toward the cost of repairing damage caused by waste - The Daily Telegraph
Network Rail and its regulator have less than two months to agree a five-year budget, but are still separated by a £1.8bn ($3.2bn) discrepancy. The gap remains despite an £800M concession by the owner and operator of the rail infrastructure. Network Rail last week submitted a formal response to the Office of Rail Regulation’s draft findings, published in June, from its five-yearly review of the railtrack company’s funding - Financial Times