PeopleCert

PeopleCert is a private company that recently acquired the qualification awards business from City & Guilds, a UK-based vocational training body and charity. PeopleCert's acquisition is now under scrutiny due to concerns surrounding substantial executive bonuses paid out by City & Guilds following the sale. These bonuses, totaling millions of pounds, coincided with a significant cost-cutting drive and workforce reduction at City & Guilds. The Charity Commission has launched an inquiry into the sale's terms and the subsequent bonus payments. Furthermore, City & Guilds' top two executives have been placed on leave amidst the ongoing scandal. The situation highlights potential conflicts of interest and raises questions about the financial management and governance of City & Guilds in relation to the sale of its business arm to PeopleCert.