South African specialist paper company Sappi has unveiled plans to expand its dissolving wood pulp (DWP) capacity by 2020. The company's plans include potential expansion at its Saiccor DWP Mill to increase the mill’s capacity by ...
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
Feed-in tariffs (FIT) have been the preferred policy in many regions of the world to help support investors to rapidly increase installation of renewable energy installations projects and markets. Under most FITs, homeowners, businesses, ...
Tags: Feed-in Tariffs, PV Demand
MPs on the Public Accounts Committee (PAC) have slammed the Department for Work & Pensions (DWP) for "alarmingly weak management" and a "shocking absence of control" in its handling of the Universal Credit welfare programme. The project, ...
Tags: Service
The National Audit Office, the spending watchdog, has described the government's welfare reforms as "overambitious" and hindered by the "limited functionality" of IT systems. It follows Department for Work and Pensions announcing further ...
Tags: Computer Products, software
Stephen Kelly (pictured), the government's chief operating officer, has abolished the role of government CIO, currently held on an interim basis by Andy Nelson, who is also CIO at the Department for Work and Pensions, as part of the ...
Tags: Computer Products
Government CIO Andy Nelson has been appointed as CIO at the Department for Work and Pensions (DWP). Nelson was appointed government CIO in April 2012 to add to his role as CIO of the Ministry of Justice (MoJ), which he started in ...
Despite the introduction of "chip-and-pin" security, payment card fraud across the European Union cost some €1.5bn (£1.2bn) in 2012, according to the latest figures from Europol. While chip-and-pin has helped to reduce card ...
Tags: payment card fraud, chip and pin, finance security, card fraud
The Department for Work and Pensions (DWP) CIO Philip Langsdale has passed away at the age of 56. Langsdale, who is understood to have passed away suddenly on 22 December, was director of IT at Asda between 1992 and 1997, as well as chief ...
Tags: DWP, CIO, Philip Langsdale, BAA
HMRC has been slammed for being "unduly complacent" about the roll-out of the Real Time Information (RTI) system crucial to the Universal Credit programme, according to an official report. The Public Accounts Committee (PAC) is concerned ...
Tags: HMRC, slam, undue complacency, RTI
The Department for Work and Pensions (DWP) estimates that total benefit overpayments due to fraud and error in 2011-12 were GBP3.2 billion, equating to 2% of total benefit expenditure of GBP 159bn. Total underpayments in 2011-12 are ...
Tags: Department for Work and Pensions, benefit overpayments, fraud, service
The Department for Work and Pensions (DWP) has been slammed by disabled charities for awarding more than £540m in contracts to Atos and Capita to test the eligibility of disabled people receiving benefits. The DWP has awarded three ...
Tags: Department for Work and Pensions, Atos and Capita, PIP system
Hacktivist group Anonymous claims it brought down government websites in protest at the UK’s handling of the asylum case of WikiLeaks founder Julian Assange. The group targeted the websites of No. 10, the Home Office, the Ministry ...
Tags: Anonymous, Computer Products, Government Websites, Julian Assange
The Department for Work and Pensions (DWP) CIO Philip Langsdale is overseeing a major overhaul of the department's flagship Universal Credit programme, according to senior Whitehall sources. The Universal Credit programme, which aims to ...