Old school db pension schemes face £450bn liabilities shortfall November 10, 2021 UK defined benefit pension schemes are facing an estimated £450bn hole in their balance sheets due to a shortage of long-dated inflation-linked gilts, according to a new analysis. Up to £450bn worth of inflation-linked liabilities are in jeopardy because the government hasn’t issued enough index-linked debt for pension schemes to match them, according to an [...]
Cry Macho film review: A passable Clint Eastwood cowboy yarn November 10, 2021 If you think Dune took a while to get a remake, spare a thought for Cry Macho. N. Richard Nash’s novel was published in the 1970s, having been rejected as a screenplay, only to be optioned again as a movie due to the book’s success. Multiple attempts have been made to make an adaptation over [...]
Insurance body ABI names Nicky Morgan new chair amid management shake up November 10, 2021 Former MP Nicky Morgan has been appointed as the first independent chair of the Association of British Insurers (ABI), as the trade body overhauls its management. Two more senior appointments were today announced by the ABI, whose members include Aviva and Axa, as part of reforms by the organisation to improve consumer trust in the [...]
The magic of Cinema: Why there’s no better place to be this winter November 10, 2021 One of my great joys is the cinema. I don’t mean that I rush to see every new release; what I mean is that I love the experience of watching a film as it was intended to be seen. A hushed, darkened room, a ripple of anticipation, the trailers for features to come, the escape [...]
Rishi Sunak’s approval rating sinks, says new polling November 10, 2021 Rishi Sunak’s approval rating has dropped by 26 points since March as almost half the country think his latest Budget will be bad for them personally, according to new polling. A poll out today from Ipsos MORI showed Sunak has an approval rating of +6, down from +32 in March, while 44 per cent of [...]
Dunelm criticised for ‘excessive’ £4m pay package for chief exec November 10, 2021 Home furnishings retailer Dunelm is under pressure over a £4m pay package for its chief exec amid accusations that the deal is “excessive”.
The metaversal evolution will not be centralised November 10, 2021 The metaverse creates efficiencies, growth, and cost reductions orders of magnitude above and beyond that of physical space, explains Dr Kacher.
Treasury Committee chief leads the crusade against fraudsters and financial crime November 10, 2021 Conservative MP Mel Stride has been a busy man recently. As chair of the Treasury Committee, a group of MPs that probe the government on their spending plans, he has been preoccupied with finding out whether Chancellor Rishi Sunak’s decision to swell the tax burden to its highest level in decades is a good idea. [...]
Green aviation is a “fairytale”, say environmental stakeholders November 10, 2021 Without policy and behavioural change, efforts to develop green aviation and zero-carbon flying will not get the sector to reach its targets fast enough, the UK’s Aviation Environment Federation (AEF) argued. “Our politicians seem to be living in a fairytale world where the aviation sector quits its dependence on fossil fuels – and overcomes all [...]
London named most energy efficient region November 10, 2021 London has the most energy efficient housing in England and Wales, according to the Office for National Statistics. Its newly published report assessed the energy efficiency of housing in England and Wales up until March 2021. The report collected energy efficiency scores from every home with an energy performance certificate (EPCs). It revealed the London [...]