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Quarter of savers believe their current level of pension saving won’t be enough to live off in retirement

Just over a quarter of savers surveyed (26%), who have a workplace pension, think that their current amount of pension saving will not be enough to get by on when… The post Quarter of savers believe their current level of pension saving won’t be enough to live off in retirement appeared first on London Business…

Inflation set to widen the gender pay gap throughout UK

After UK inflation hit 7% in March, prices across the country are rising at a rate that hasn’t been seen for 30 years. This is a development that adversely affects… The post Inflation set to widen the gender pay gap throughout UK appeared first on London Business News | Londonlovesbusiness.com.

The standard 60/40 investment portfolio is dead, here’s why

The time-honoured 60/40 investment portfolio is not fit for purpose in today’s sky-high inflation environment, warns the CEO and founder of one of the world’s largest financial advisory, asset management… The post The standard 60/40 investment portfolio is dead, here’s why appeared first on London Business News | Londonlovesbusiness.com.

Families struggle to buy basic needs ‘with energy, food and fuel price rises showing no signs of easing’

Millions of families are struggling to buy basic needs as food prices are soaring “and national insurance increases hitting pay packets for the first time this month.” The Office for… The post Families struggle to buy basic needs ‘with energy, food and fuel price rises showing no signs of easing’ appeared first on London Business…

TUC: UK needs emergency budget

The TUC union are calling for an emergency budget to help struggling households, including more help on energy bills. TUC General Secretary Frances O’Grady says: “The chancellor has done almost… The post TUC: UK needs emergency budget appeared first on London Business News | Londonlovesbusiness.com.

Inflation hits 7%: How surging cost-of-living affects savers

UK inflation continues to rocket in 2022, hitting 7% in March and putting pressure on millions of household budgets. Savers feeling the pain during the cost-of-living crisis will inevitably be… The post Inflation hits 7%: How surging cost-of-living affects savers appeared first on London Business News | Londonlovesbusiness.com.

US inflation rises to it’s highest in more than 40 years and the consumer price index jumped 8.5%

The US consumer prices index (CPI) rate of inflation rose to 8.5% in March, official data revealed on Tuesday. This was an increase from 7.9% in February and slightly above… The post US inflation rises to it’s highest in more than 40 years and the consumer price index jumped 8.5% appeared first on London Business…

FTSE slips again, European banking names slump

Another day, another decline for key equity indices. European stocks were in the doldrums as investors fretted about inflation, politics, consumer spending and more. Corporate news flow is picking up… The post FTSE slips again, European banking names slump appeared first on London Business News | Londonlovesbusiness.com.

Investors in Russia or Ukraine can offset their losses by claiming capital gains tax relief

UK-based investors with investments in Russia, the Ukraine – or indeed in other jurisdictions – may find that there once attractive investments are now worth little, or indeed nothing, because… The post Investors in Russia or Ukraine can offset their losses by claiming capital gains tax relief appeared first on London Business News | Londonlovesbusiness.com.

Will Prince Charles do a good job as king?

New Ipsos research, conducted on 24-25 March, shows almost half of Britons believe Prince Charles will do a good job as King once he ascends the throne, while 19% expect… The post Will Prince Charles do a good job as king? appeared first on London Business News | Londonlovesbusiness.com.

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