Pensioners refrain from splashing the cash despite retirement rule change Fewer than one in 10 (nine per cent) new pensioners overspent or think they will overspend in their first year of retirement, research out today has found. When polled on behalf of Prudential, just one in five (22 per cent) first year retirees planned on purchasing a luxury holiday and only 16 per cent intended to splash [...]
EU gets a dressing down from World Trade Organisation over Airbus subsidies The World Trade Organisation (WTO) had some harsh words for the EU today, ruling it had failed to rein in billions of dollars worth of subsidies granted to Airbus. The decision is the latest in a back-and-forth battle over aircraft subsidies, which has been going on across the Atlantic for over a decade. In particular, today's findings [...]