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This week's top stories

Problems with Co-operative bid for Lloyd’s bank branches could have been spotted earlier

‘The Treasury Committee report ‘Project Verde’ (HC 728-I) investigates the failed bid by the Co-operative Bank to buy over 600 bank Branches from Lloyds’ last year in a deal known as Project Verde.

Co-operative’s lack of enough funds to carry out the purchase caused the bid to fail at the last minute, and Lloyd’s to sell the branches in an Initial Public Offering, creating a public company.

How does it affect me?

If you are employed by the Co-operative Bank or TSB, if you are a customer of one of the banks or if you are concerned about public sector involvement in banking, this will be of interest to you.


More could be done to promote Wales

The number of international tourists travelling to Wales dropped to 845,000 in 2012 from 1.14 million in 2006, according to the Office of National Statistics (ONS).

‘International Representation And Promotion Of Wales By UK Bodies’ (HC 337) by the Welsh Affairs Committee calls on Visit Wales and Visit Britain to form a strategy to make Wales a first choice destination.

How does it affect me?

If you are employed by Visit Wales or Visit Britain, if you are employed in the tourist industry or if you are interested in the promotion of Wales, this will be of interest to you.


Committee calls for investigation into missing files on Rotherham abuse scandal

‘Child Sexual Exploitation And The Response To Localised Grooming: Follow-Up’ (HC 2013) calls for an investigation into allegations that files relating to the Rotherham child sex abuse scandal went missing.

The report, by the Home Affairs Committee, is a follow-up to an earlier report on the scandal, which revealed results of an inquiry that uncovered catastrophic failures by agencies appointed to safeguard children.

How does it affect me?

If you pay child maintenance or receive maintenance payments for your child, or if you are concerned with the welfare of children who rely on the payments, then this will be of interest to you.



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