Some people who transferred out of the British Steel Pension Scheme have suffered significant financial losses because they were provided with unsuitable advice, the regulated financial advice market failed to… The post National Audit Office slams British Steel Pension Scheme operation appeared first on London Business News | Londonlovesbusiness.com.
The Bank of England has lifted UK interest rates to 0.75%. That’s an increase from 0.5%, as it tries to cool inflation with prices rising at the fastest rate in around 30… The post Bank of England lifts interest rates to 0.75% appeared first on London Business News | Londonlovesbusiness.com.
New research from Ipsos shows widespread approval among Britons of the way President Volodymyr Zelenskyy of Ukraine is handling the Russian invasion of Ukraine. Eight in 10 (78%) Britons say… The post Concern about Ukraine remains high among Britons appeared first on London Business News | Londonlovesbusiness.com.
For the most part it’s been pretty tough going for Ocado since the heady days in September 2020 when it reached all-time highs of close to £30 per share. Back… The post Ocado hit by margin warning appeared first on London Business News | Londonlovesbusiness.com.
Link fund solutions, the group headed up by disgraced fund manager Neil Woodford has issued issued an update on progress of the former Woodford Equity Income fund wind-up, which is… The post Further delay to the wind-up of the ex Woodford Equity Income fund appeared first on London Business News | Londonlovesbusiness.com.
Nearly half (42%) of trustees and pensions managers admit that they are not aware of when their scheme’s pensions dashboard staging date will be, according to polling by WTW. Furthermore,… The post Nearly half of pension schemes are unsure about dashboard deadlines appeared first on London Business News | Londonlovesbusiness.com.
Fever Tree Drinks, the posh mixers, this morning warned that the rise in commodity prices has “created significant uncertainty” and dampened profit forecasts. Fever-Tree delivered revenue growth of 23% (26% at… The post Fever Tree fires warning over commodity price rises appeared first on London Business News | Londonlovesbusiness.com.
The war in Ukraine is unnerving global stock markets, which has implications for the value of pension pots and by extension, retirement plans. Initially, the concern among pension savers was… The post What does the Russia-Ukraine war mean for you money appeared first on London Business News | Londonlovesbusiness.com.
Next week’s Spring Statement is only meant to be an economic update, not a full-blown Budget. But with a cost-of-living crisis hitting the headlines and people across the country struggling… The post Spring Statement: Here’s a wishlist for Rishi Sunak appeared first on London Business News | Londonlovesbusiness.com.
A £25 million Belgravia mansion of a Russian billionaire has been taken over by protesters in the wake of the Russia-Ukraine war. The plush home belongs to Oleg Deripaska, who… The post Russian oligarch’s £25m London mansion taken over by squatters over Ukraine protest appeared first on London Business News | Londonlovesbusiness.com.
