Gender pension gap: Women trail men by thousands – and the gap could widen April 11, 2023 Women’s pensions are on average £17,014 smaller than their male counterparts, per a new study by pensions consultants TPT. The research found that among those who knew how much they had put aside, the average man in his 50s would retire with far more money than a female counterpart. Women workers, by contrast, fear that [...]
Last orders: British pubs closing at a faster rate than during Covid-19 – and it could get worse April 11, 2023 Pubs are vanishing from communities across England and Wales amid soaring energy and food prices. Analysis of government data conducted by real estate advisor Altus Group shows that the number of public houses shutting up shop leapt to 51 a month in the first financial quarter of 2023. In 2022, after the UK emerged from [...]
Soft landing? Why the latest jobs data could leave the Fed with a tricky call April 10, 2023 Analysts are divided about whether the US Federal Reserve should hike rates again as they digest last week’s figures on the labour market. On Friday last week, a closely watched survey of the US labour market showed the economy added 236,000 new jobs in March. While more jobs are still being added, the report suggests [...]
Oil prices propped up by OPEC+ supply cuts amid gloomy economic forecasts April 10, 2023 Oil prices have stabilised today after three straight weeks of gains, with further supply cuts from OPEC+ propping up both major benchmarks.
UK and South Korea team up to bolster nuclear supply chain amid Chinese dominance April 10, 2023 The UK will work with South Korea to build nuclear supply chains and share information on developing technologies.
Flutter set to appoint new chair as gambling firm looks stateside April 10, 2023 Flutter, the world’s largest listed online gambling company, is expected to appoint a US-based businessman to the role of chair, in the latest signal that the firm plans to strengthen its profile in the US. Sky News first reported that the company is in “advanced” talks to appoint John Bryant to the role, but the [...]
Why has an Enfield Barclays branch been given Grade 2 listed status? April 10, 2023 An “exuberant” Barclays branch in London, home to the world’s first automated teller machine (ATM), has been given heritage status as the number of ATMs around the country continues to decline. The bank branch, situated at 20 The Town, Enfield, was fitted with the world’s first ATM in 1967 by the actor and comedian [...]
Four more wild swimming sites designated as government vows to clean up the seas April 10, 2023 Four popular swimming spots across the UK will benefit from regular monitoring after the government designated them as bathing waters.
Apple and HP PC shipments tumble as pandemic-era boom begins to fade April 10, 2023 Global shipments of PCs have fallen in the first quarter of 2023 as a result of weak demand, high inventory and tough economic conditions, with Apple reporting the largest slump, according to the International Data Corporation (IDC). Shipments of Apple PCs fell by 40.5 per cent to 4.1 million units in the quarter compared to [...]
Crisis-hit MJ Hudson offloads divisions to Apex – with suspended CFO leaving the business April 10, 2023 Asset management consultancy MJ Hudson, which has been embroiled in controversy for months after telling markets it no longer had confidence in its own accounts, has sold some of its divisions to the Bermuda-HQed financial services giant Apex. The deal was communicated to staff at the back end of last week, with a fractious all-hands [...]