Trunki vs Kiddee Case intellectual property judgement due at Supreme Court today – but what’s the big deal? March 9, 2016 It may look like fun and games, but Trunki’s design is big business. So big, in fact, that Magmatic, the company behind the popular children’s "ride-on" suitcases, has gone to the Supreme Court to defend its intellectual property rights – and the judgement is due out today In a case heard by the Supreme Court in [...]
UK pensions: Public opinion on how pensions should be taxed is divided, but experts agree that better education on the topic could encourage people to save more March 9, 2016 Pension experts were pretty vocal about what possible changes chancellor George Osborne could have made to pensions at next week's Budget, but the public at large is more conflicted in its feelings, research published today has found. According to a study by professional services firm PwC, 42 per cent admit that they have no clue [...]
UK pensions: Six million people have been auto-enrolled into a workplace pension since the rules were introduced in 2012 March 8, 2016 The Pensions Regulator had a reason to celebrate today, as it revealed that the number of people saving into a workplace scheme as a result of auto-enrolment has now passed the six million mark. Since the scheme started being rolled out in 2012, more than 100,000 employers have enrolled staff. "It is brilliant to see [...]
UK pensions: Has chancellor George Osborne missed an opportunity by saying he won’t reform the pensions system at the Budget on 16 March and what might he do instead? March 8, 2016 It is with relief that we welcome the chancellor’s turnaround, in choosing not to radically change the basis of pension taxation in the Budget on 16 March and in particular not to introduce pensions Isas. However, there are other rabbits that he could pull out from his hat. At current levels of auto-enrolment contributions (2 per cent of earnings rising [...]
Libor scandal: Tom Hayes application to appeal to the Supreme Court refused by Court of Appeal March 8, 2016 Tom Hayes, who was convicted for offences in relation to manipulating Libor last year, has today had his application to appeal to the Supreme Court refused by the Court of Appeal. Hayes, a former UBS and Citigroup trader, was convicted on eight counts of conspiracy to defraud at a trial at Southwark Crown Court last August, although [...]
Gocompare owner esure Group share price down as insurance company reveals profits in underlying business dipped for year ended December 2015 as it pays out £4m for claims caused by December storms March 8, 2016 Share price in esure Group fell today as the insurance company revealed a drop in its profits from its underlying business in its year ended December 2015 results, after shelling out for claims from the December storms. Underlying profit before tax fell to £82.9m, down 22.7 per cent from £107.2m the year before, although its profit before [...]
Equiniti Group share price up as company announces an increase in revenue in its first set of full-year results since IPO last October March 8, 2016 Share price in Equiniti Group rose this morning as the company announced a boost to its revenues in its first set of full-year results since its float last October. Revenue at the company grew to £369m for the year ended December 2015, up 26.2 per cent from £292.3m the year before. Loss before tax at the company, [...]
Pensions in Budget 2016: Government urged to hurry up on pensions dashboard plans, after consumer group discovers those approaching retirement are not sure of how much they have saved March 8, 2016 A consumer interest group has today called on government to speed up its plans to introduce a pensions dashboard after discovering that many of those approaching retirement have little or no idea how much they have saved. According to figures from Which?, almost half (47 per cent) of employees aged over 50 with a personal [...]
Staff appointments continued to rise at a steady pace last month, with permanent placements rising at their quickest pace for three months, but uncertain times up ahead for recruiters March 8, 2016 The UK's job market looked strong last month, with permanent placements increasing at their fastest rate for three months, a report released today has found. According to the Report on Jobs by Markit and the Recruitment and Employment Confederation (REC), just less than half (44.8 per cent) of the 400 recruitment and employment consultancies questioned said they had [...]
