Two-thirds of over-50s wish they had started saving for their pensions sooner March 23, 2022 Almost two thirds of over-50s wish they had started saving towards their retirement at an earlier stage, new data from Aviva shows. Close to half (49 per cent) of over-50s regret not saving for their pensions sooner, while 64 per cent said they wish they’d started saving sooner. More than a quarter (26 per cent) [...]
Editorial: The West wants a united front against Putin, but Germany and France have their limits March 23, 2022 It has become a truism to say that Vladimir Putin’s invasion of Ukraine has seen the west unite in ways that were unheard of even a few years ago. So the argument goes, countries across Europe and north America have rallied fast to the cause of freedom, no matter the consequences – spiking energy bills, [...]
In a bid to crack down on Big Tech, we cannot forget the small players and individuals March 23, 2022 A bill poised to erode free speech in both the UK and around the world was put before Parliament last week in the form of the long-awaited Online Safety Bill. The 225-page legislation proposes solutions for a wide range of online abuses, from child sexual exploitation to fraudulent advertising, while promising to hold Big Tech [...]
London shunned for IPOs as firms head abroad March 23, 2022 London is headed for its weakest quarter for IPOs in thirteen years as market turbulence gives investors the jitters and UK firms shun the capital following a series of high profile flops.
UK ‘not protected from economic consequences’ of Russia sanctions, say MPs March 23, 2022 An influential Westminster committee has claimed the British economy is “not protected from the economic consequences” of western sanctions against Russian oil and gas, and that Rishi Sunak must bring forward help to the country’s lowest earners. A report from the Treasury Select Committee said the UK government was “right to insist” on wide-ranging sanctions [...]
Total severs Russian oil supply contracts March 22, 2022 French oil giant TotalEnergies said it would cut off the Russian gasoil and crude oil supply contracts for its German refinery today.
Britcoin not expected until at least 2025, says BoE March 22, 2022 A digital currency backed by the UK's central bank (CBDC) will not be rolled out until 2025 at the earliest, a Bank of England grandee has revealed.
Exclusive: Sanctioned Russian bank to vote in City of London Corporation election March 22, 2022 Russia’s second largest bank VTB Bank will get a share of votes in the City of London Corporation election on Thursday, despite being severely sanctioned by the UK government. The powerful local authority allows businesses located in the City to have a certain number of votes, depending on how many staff they have, as only [...]
London Metal Exchange says it has no plans to shut out Russian metals March 22, 2022 The London Metal Exchange said it has no plans to block trading metals from Russian producers despite pressure to clampdown.
Journalist has right to protect Birmingham pub bombing source, judge says March 22, 2022 A British judge has said a prominent journalist is within his rights not to hand over information that could identify the person responsible for the Birmingham pub bombings. Former MP Chris Mullin is under no obligation to hand over notes for an interview with a person who claimed to be responsible for the Birmingham explosions [...]