Londoners forced to fork out double the UK average in divorce costs The cost of divorce for Londoners is nearly double the average of elsewhere in the UK, thanks in part to the capital’s more expensive living costs, according to research published by law firm Seddons. Average divorce settlement costs from across the UK total £70,243 versus over £134,525 for couples living in London, according to Seddons’ [...]
UK pensions deficits rise amid uncertainty after EU referendum Pension deficits have almost doubled over the last 12 months due to ongoing market volatility sparked by Britain’s vote to leave the EU, posing serious threats to companies’ balance sheets and their ability to pay dividends, according to JLT Employee Benefits. “As we rapidly approach the all-important year-end, at current market levels many companies’ accounts [...]
ECB set to unleash more firepower in December meeting The European Central Bank is widely expected to extend its quantitative easing programme by six months at its next policy meeting on Thursday, amid ongoing political risk and stubbornly low inflation. The bank is largely expected to keep the size of its monthly bond purchases unchanged beyond its current end date of March 2017, at [...]
Business growth remains steady as high street has a rosy month, Confederation of British Industry (CBI) data shows December 4, 2016 British businesses enjoyed modest growth in the three months to November, and are expected to maintain the pace into 2017, according to a survey published today. Private sector growth remained steady in the last three months, research from the Confederation of British Industry (CBI) showed, while retailers and consumer-facing companies reported a rise in growth. “The [...]