Bank of England is gold standard for tech projects, says PAC • The Register

Parliament’s spending watchdog has held up a successful large-scale public sector tech transformation as a rare example worth emulating, in a striking departure from the usual diet of failure and overspend. Reporting on the implementation of the Bank of England’s £431 million Real-Time Gross Settlement (RTGS) system, the Public Accounts Committee said the UK central…

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Spirit Airlines shuts down, canceling thousands of flights overnight

Spirit: The wind-down follows the Company’s extensive and comprehensive efforts to restructure the business and pursue transactions to strengthen Spirit’s financial position and create a sustainable path forward. Unfortunately, despite the Company’s efforts, the recent material increase in oil prices and other pressures on the business have significantly impacted Spirit’s financial outlook. With no additional…

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The things we’re building now

Hi, friends! Welcome to Installer No. 126, your guide to the best and Verge-iest stuff in the world. (If you’re new here, welcome, I need 10 or 15 skirts from Calvin Klein, and also you can read all the old editions at the Installer homepage.) Happy Ruthless Self-Promotion Week! We’re dedicating almost all of this…

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