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Over 50s may have to work an extra 11 years to afford retirement

Millions of older workers may have to work well into their late 70s in order to live comfortably in retirement, new research from the Pension Policy Institute (PPI) has found.

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SMEs not celebrating lost Jubilee trade

Three quarters of small businesses admit they are unhappy about the number of additional bank holidays to celebrate national events such as this summer's Jubilee and last year's Royal Wedding, because they are concerned about lost trade, a business support group survey has found.

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Will writing and estate administration should be regulated, says advisory group

Providers of Will-writing and estate administration services should be regulated, the Legal Services Board (LSB) has said, after research found an inadequate standard of Will administration and safekeeping of consumer's money.

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Scottish SMEs cautious about zero waste plan

Small and medium sized enterprises (SMEs) in Scotland have welcomed the Scottish Government's zero waste strategy but remain concerned about potential compliance costs, according to a survey conducted by the Forum of Private Business (FPB).

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Unemployment down 35,000 on the quarter

Unemployment in the UK has fallen for the first time since last year, according to the latest figures from the Office for National Statistics (ONS).

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FSA investigates banks mis-selling to small businesses

The Financial Services Authority (FSA) is to investigate a growing number of claims that small businesses were mis-sold certain complex financial products by major banks in the UK, following a report that appeared in the Sunday Telegraph.

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Treasury report criticises Budget reforms and quantitative easing

The Government should do more to warn savers about the effects of 'loose' monetary policies, including quantitative easing (QE) and low interest rates, which have damaged pension savings; a Treasury Committee report on the Budget has found.

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Challenges remain in gender equality says EU report

Improving gender equality is vital in driving a European economic recovery, an annual report by the European Commission (EC) has said.

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Treasury figures reveal extent of tax avoidance

Six per cent of the UK's wealthiest individuals earning more than £10 million pay less than 10 per cent in tax, widely speculated figures released by the Government have revealed.

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Inflation unexpectedly rises to 3.5%

Inflation in the UK rose in March to 3.5 per cent, up from 3.4 per cent the previous month, driven by higher food, clothing and recreation prices, according to the Office of National Statistics.

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