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Pensioners "will be hit" by Co-op Bank rescue plan
News | 03 June 2013Thousands of pensioners and investors face losing around 3 million a year under emergency rescue plans being drawn up for the crisis hit banking arm of the Co operative Group it has been reported The Co operative Group is considering slashing or axing income paid to junior debt holders as...More > -
Gala Coral to close pension scheme
News | 03 June 2013Bookmaker Gala Coral has become the latest UK firm to announce plans to axe its staff pension scheme The group which employs 18 000 staff has launched a two month consultation with workers over the move which will see its so called defined benefit pension replaced with a less generous...More > -
Government steps up back to work scheme
News | 31 May 2013The Government today unveiled an intensive and uncompromising regime aimed at targeting people on its back to work scheme A hit squad of specialist advisers will be based in jobcentres to deal with people not in a sustained job after spending two years on the Work Programme Under the plans...More > -
Cash "still used for majority of purchases"
News | 31 May 2013Cash is still used in the majority of purchases by the UKs shoppers but relatively new payment methods such as PayPal are rapidly gaining ground a report found today More than half 54 of transactions were made using cash last year according to a survey of nearly 10 billion payments...More > -
£27 million Mary Rose museum opens today
News | 31 May 2013The secrets of the Henry VIIIs warship Mary Rose will finally be on view to the public today when the pound 27 million museum housing the wreck opens to the public The Tudor vessel lay undiscovered for centuries until it was found by divers in 1971 It will go on...More > -
BHS slides to £71 million loss
News | 31 May 2013A drop in turnover at department store BHS led to the company falling 71 million into the red last year compared to a 12 2 million profit the year before Turnover fell 5 5 to 699 7 million in the year to the end of August accounts filed recently at...More > -
Kingfisher hit by cold weather
News | 30 May 2013Kingfisher owner of DIY chain B Q has said that sales of outdoor seasonal products dropped by more than 10 as the chain was hit hard by the prolonged cold spell and a continued lack of consumer confidence The slump in outdoor product trade which contributes nearly a third of...More > -
Museum and gallery workers to strike
News | 30 May 2013Workers at museums and galleries will go on strike today in the latest phase of industrial action by civil servants in a long running row over jobs pay and pensions Staff at the National Gallery National Portrait Gallery and Imperial War Museum in London and Tate galleries in the capital...More > -
Ryanair under scrutiny over Aer Lingus stake
News | 30 May 2013Airline Ryanair could be forced to sell its stake in rival Aer Lingus on competition grounds after a report from the the UKs Competition Commission The watchdog said in provisional findings that Ryanairs 29 8 shareholding in Aer Lingus was likely to weaken its main competitor and could hold it...More > -
Warnings over high street "regeneration" plans
News | 30 May 2013New rules designed to cut red tape and reinvigorate the high street under the Mary Portas plans could see them overrun with betting shops and payday loan companies the Local Government Association LGA has warned From today owners and developers will no longer need permission to change the use of...More >
