Top British companies forced to pump £200bn into pension schemes
Law firm Lane Clark & Peacock said the sum – equivalent to the economic output of Czechia – was needed to counter tumbling share prices and bond yields.
Law firm Lane Clark & Peacock said the sum – equivalent to the economic output of Czechia – was needed to counter tumbling share prices and bond yields.
Rewards, air miles, gold clubs, silver clubs, blue clubs, miles boosters — airline loyalty schemes can be bamboozling. And all this lingo is before you have even thought about what they’re really worth. In the UK, schemes offered by British Airways and Virgin Atlantic have the largest take-up — redeemable across a host of airlines, … Read more
Some of Britain’s biggest high street names look to be developing their own in-house challengers to buy now, pay later services like Klarna as they try and muscle in on the booming £2.7billion sector. John Lewis has launched an online payment method in partnership with French bank BNP Paribas that will let customers borrow up … Read more
There is ‘no clear evidence’ Britain’s £22 billion Test and Trace scheme contributed to a reduction in coronavirus infection levels, a cross-party group of MPs have said. On Wednesday, the British parliament’s Public Accounts Committee decried the ‘unimaginable’ costs of the programme, saying the system has not yet proven its worth as there is little evidence of … Read more
Nearly £1.6bn in fraudulent claims against Government’s bounce back loan schemes have been prevented by lenders, stats show The British Business Bank has been administering the bounce back loan scheme Scheme was launched in May to help businesses restart after the first lockdown So far, nearly £46billion has been lent to firms under bounce back … Read more
Surge in internet credit buys: Buy now pay later deals were fastest-growing online payment method last year By Ben Wilkinson for the Daily Mail Published: 22:01 GMT, 23 February 2021 | Updated: 22:01 GMT, 23 February 2021 Credit boom: Buy now, pay later schemes are predicted to account for 10 per cent of UK online spending … Read more
Government ‘is funding EIGHT vaccine passport schemes with over £450,000’ despite ministers claiming they have ‘no plans’ to use them InnovateUK documents show £450,000 in grants for ‘vaccination passports’ Money given to eight firms for research into secure digital vaccine certificates The government sources have denied plans to set up a passport scheme 478,000 people … Read more
Government ‘is funding EIGHT vaccine passport schemes with over £450,000’ despite ministers claiming they have ‘no plans’ to use them InnovateUK documents show £450,000 in grants for ‘vaccination passports’ Money given to eight firms for research into secure digital vaccine certificates The government sources have denied plans to set up a passport scheme 478,000 people … Read more
Residents in five London boroughs have taken the fight against cycle-friendly ‘Low Traffic Neighbourhoods’ to the high court. Sadiq Khan’s controversial road scheme was this week ruled ‘illegal’ by a high court judge who said it was found to be ‘seriously flawed’. Dozens of roads were closed and others narrowed to create new cycle lanes … Read more
Residents in five London boroughs have taken the fight against cycle-friendly ‘Low Traffic Neighbourhoods’ to the high court. Sadiq Khan’s controversial road scheme was this week ruled ‘illegal’ by a high court judge who said it was found to be ‘seriously flawed’. Dozens of roads were closed and others narrowed to create new cycle lanes … Read more