Pensions savings at record low despite rising retirement hopes May 20, 2012 MOST Brits are failing to save enough for their retirement, even though their forecasts of how much they will need to be comfortable in old age has increased, according to a report published today. Pensions savings hit a record low this year, Scottish Widows’ annual pensions survey revealed. The average saver believes they would feel [...]
Firms pledge school links May 20, 2012 BUSINESSES are backing a campaign to get more young people into work, it was announced today. Firms including Marks and Spencer, Deloitte and Nestle are joining the Chartered Institute of Personnel and Development to build links with schools and colleges, and provide more opportunities for vocational education and training. “We also to move beyond constant [...]
Teens forecast large salaries May 20, 2012 THE AVERAGE teenager expects to earn twice the average salary, an RBS study revealed today. English teens believe they will earn £57,000 when they are 35 years old – well above the current £24,000 average. Adults, on the other hand, believe teens will earn £25,000 when aged 35. However, almost 80 per cent of parents [...]
LONDON WEEK AHEAD May 20, 2012 GIVEN property developer British Land’s significant presence in the City, its full-year results will be closely watched this morning for signs of how the Eurozone crisis is hitting the company’s retail lettings. Budget airline Ryanair will also release its full-year results, as will outsourcing group Mitie. The spotlight will turn to the UK high street [...]
WALL ST WEEK AHEAD May 20, 2012 NORMALLY a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the corporate earnings season drawing to an end and recent US economic [...]
CITY MOVES WHO’S SWITCHING JOBS May 20, 2012 CBRE The global real estate adviser has announced that Dr Neil Blake has been appointed head of Europe, Middle East, Africa and UK research. Blake joins from Oxford Economics, the economic forecasting consultancy, where he was director of economic analysis. He is a founder director of Business Strategies, which became part of Experian in 2002. [...]
BEST of the BROKERS May 20, 2012 FALKLAND OIL & GAS Merchant Securities has initiated coverage of the Falkland’s exploration company with a “buy” rating and a target price of 400p. The broker says the company holds the best exploration acreage in the Islands, with exploration risks no higher than elsewhere in the region. LONDON STOCK EXCHANGE Numis has upgraded the UK [...]
Technical wizardry will support 2012’s Paralympic Games May 20, 2012 Wheelchair Rugby: Defence Invented in 1977, this intense Paralympic sport is a mixture of aspects from basketball, handball and ice hockey. Fast-paced and full-contact, it is a sport that demands robust chairs to stand up to the crash of action. Ottobock’s Wolturnus wheelchairs, suitable for wheelchair rugby and basketball, use the latest alloys to create [...]
Why Sainsbury’s is backing the Paralympics: Jat Sahota May 20, 2012 Q Sainsbury’s is the first-ever Paralympic Games only sponsor. Is this a breakthrough year for the Paralympics as an event? A Being the first standalone partner of the Paralympic Games is something we are extremely proud of. We have the ambition to make it the best Paralympic Games ever through driving awareness and engagement. We’re [...]
At last – this Tax Commission has a practical way to fix the UK system May 20, 2012 THE 2020 Tax Commission, and its final report out today, isn’t the first call for substantial reforms to create a more efficient tax system. We found 53 earlier reviews. But taxes are still dysfunctional, and the last substantial change for the better was Nigel Lawson’s 1988 Budget and its sharp cuts in marginal tax rates. [...]
