Deficits of UK pension schemes have decreased by c.£45bn over the month to 30 May 2022 against long-term funding targets, an analysis from XPS’s DB:UK funding tracker has revealed. The… The post UK pension schemes expected to reach long-term targets in less than 4 years despite volatility appeared first on London Business News | Londonlovesbusiness.com.
New UK car registrations fell -20.6% to 124,394 units in the second weakest May since 1992, after the 2020 pandemic-hit market, as supply shortages continued to hamper new purchases and… The post May new car market declines as supply constraints hold back deliveries appeared first on London Business News | Londonlovesbusiness.com.
Petrol prices soared by nearly 6p per litre over the half-term school holiday, lifting the average price to a record 177.9p per litre on Sunday, up from 172.1p on Friday… The post Holidaymakers who drove faced record prices at the pumps over half term appeared first on London Business News | Londonlovesbusiness.com.
UK light commercial vehicle (LCV) registrations recorded their fifth consecutive month of decline in May, falling -25.1% to 22,000 units, according to the latest figures from the Society of Motor… The post New van registrations fall for fifth consecutive month as supply squeeze continues appeared first on London Business News | Londonlovesbusiness.com.
The FTSE 100 just about kept up its run of recent gains in early trading as Russia turns off gas to the Netherlands after it refused to pay in roubles… The post Unilever shares surge as Peltz gets board seat appeared first on London Business News | Londonlovesbusiness.com.
When households feel the pinch one of the obvious things they can do is trade down to cheaper options and this should play into the hands of variety discount store… The post B&M hit by rising prices appeared first on London Business News | Londonlovesbusiness.com.
A proposed overhaul of projections rules used to show investors what income their pension pot might deliver when they retire risk undermining Pensions Dashboards reforms. Under plans outlined by the… The post Plans to reform ‘projections’ rules risk derailing Pensions Dashboards appeared first on London Business News | Londonlovesbusiness.com.
P&O Ferries is facing another blow as ministers have cancelled a contract with the firm after it fired nearly 800 seafarers without notice in March. The ferry firm was widely… The post Home Office cancels contract with P&O Ferries after mass sackings appeared first on London Business News | Londonlovesbusiness.com.
New ONS research, based on data for 30 everyday grocery items, shows that the lowest-priced items have increased in cost by around as much as average food and non-alcoholic drinks prices… The post What the rising food prices mean for you appeared first on London Business News | Londonlovesbusiness.com.
The 693rd Lord Mayor of the City of London, Vincent Keaveny, will give a speech at the London Government Dinner at the Mansion House today (30 May). Addressing an audience of… The post Lord Mayor: Levelling up must not leave London behind appeared first on London Business News | Londonlovesbusiness.com.
