Governments are often accused of thinking short term.
But a pensions reform Bill, included in the Queen’s Speech, is one of the most consciously long term bits of planning seen for some time.
Looking ahead to 2050, its main aim is to provide a higher level of state pension for many more people over the coming decades.
The […]
Telecom Italia is to remain in European ownership after a group led by Spain’s Telefonica agreed to buy a stake for 4.1bn euros (2.8bn).
Telefonica and a number of Italian finance firms will acquire an 18% stake in Olimpia, Telecom Italia’s parent firm, from tyre company Pirelli.
Telecom Italia’s share ownership structure means the deal will […]
The police photo of Lin Liang Ren shows a bemused, , scruffy individual - looking every inch a crime victim rather than a perpetrator.
But the truth about Lin is a tale of wealth, privilege and a good education - in stark contrast to the compatriots he abandoned to the Irish Sea.
He was brought up in […]
With bills rocketing over the last year, the penny has dropped for hundreds of thousands of gas and electricity customers.
Take your custom elsewhere and you can save money.
British Gas recently admitted it had lost 350,000 customers since the start of the year.
Since the domestic market for gas and electricity supply was opened up in the […]
The founder of the Phones4U mobile phone business, John Caudwell, has agreed to sell his business to two private equity investors for 1.46bn.
Doughty Hanson and Equity Partners will buy Caudwell Holdings, which includes the Phones4U chain.
Mr Caudwell founded the group in 1987 and will get 1.24bn for his 85% stake when the deal is […]
About 450 jobs are being axed at Norwich Union in York, taking the city’s job losses over the past year to more than 1,000.
Aviva, which owns Norwich Union, said it planned to cut more than 4,000 jobs across the country by 2008.
City of York Council said the losses were “a bitter blow” and it would […]
The takeover battle for UK construction and infrastructure group John Laing has taken a fresh twist after fund manager Henderson its bid offer.
private equity arm is now offering 1bn ($1.9bn) for the business as it aims to trump a 958m offer from German insurance company Allianz.
John Laing agreed to Allianz’s bid at the […]
Governments are often accused of thinking short term.
But a pensions reform Bill, included in the Queen’s Speech, is one of the most consciously long term bits of planning seen for some time.
Looking ahead to 2050, its main aim is to provide a higher level of state pension for many more people over the coming decades.
The […]
Telecom Italia is to remain in European ownership after a group led by Spain’s Telefonica agreed to buy a controlling stake for 4.1bn euros (2.8bn).
Telefonica and a number of Italian finance firms will acquire an 18% stake in Olimpia, Telecom Italia’s parent firm, from tyre company Pirelli.
Telecom Italia’s share ownership structure means the deal will […]
Many people are afraid of having their identity stolen or becoming a victim of bank card fraud.
But is it worth paying for fraud protection offered by banks and card firms?
Money Box Listener Karen from Hampshire recently received an offer from a company called Style Financial Services.
Free trial
If you didn’t cancel within 30 […]