13 July 2009, US
Criminals are using a new form of fraud in an effort to obtain money from banks and their customers, it has been suggested.
10 July 2009, New York
A former vice president of Morgan Stanley is to plead guilty to charges of stealing $2.5m from the company.
In 2004, the Government set out the Gershon Review which outlined a need for all Government bodies to cut their operating costs by 2.8% by 2008 – a saving of £20bn. Over the last four years, this has been the driving force for IT investment in local government with the aim of improving efficiency and standards of service provision. The ultimate aim being to redirect the savings made directly to public services.