Half-term strike action to bring chaos at British Museum January 28, 2023 Fresh strikes have been called by the biggest civil service union in its long-running dispute over jobs, pay and pensions. Members of the Public and Commercial Service union (PCS) at the British Museum will take industrial action during February half term. More than 100 members of the museum’s visitor services and security teams will take [...]
A question of financial inclusion December 1, 2022 Lord Holmes asked His Majesty’s Government what steps they are taking to increase financial inclusion in England.
Sunak handouts: 8m Brits start receiving £324 into their bank accounts from today November 9, 2022 Close to 8m low income Brits will start to receive payments of £324 into their bank accounts from today as part of the Government’s cost-of-living support. The Department for Work and Pensions (DWP) will start making the payments directly into eligible people’s bank accounts from Tuesday. There is no need for people to apply or [...]
Sunak appoints unity Cabinet as Hunt stays and Braverman returns October 25, 2022 Jeremy Hunt will remain as chancellor under Rishi Sunak as the new Prime Minister picked a top team which finely balanced the different wings of the Tory party. Hunt is expected to deliver the planned Halloween fiscal statement next Monday, which is set to include a series of tax hikes and spending cuts. Close Boris [...]
Pension cash could flow into start-ups under new fee cap changes October 6, 2022 Pension cash could be freed up to fuel the growth of UK start-ups under new plans published today to loosen a cap on pension money management fees.
Liz Truss sacks pensions minister Guy Opperman in reshuffle September 20, 2022 Guy Opperman has been sacked as pensions minister by Liz Truss as a part of her frontbench reshuffle. Opperman – who had been a minister in the Department for Work and Pensions (DWP) since 2017 – was sacked on the day of the Queen’s death, but the announcement was not made during the mourning period. [...]
Government pension reform will ‘accelerate end game’ for final salary schemes August 15, 2022 Government plans to ramp up scrutiny of ‘final salary’ pension schemes will spark an “accelerated end-game” as managers are forced to rapidly sell-off their riskier assets, a pensions chief has warned.
Government pushes forward with plans to simplify broadband ‘social tariffs’ for struggling households August 14, 2022 Broadband bills could be cut for millions of low-income households under new plans to encourage ‘social tariffs’.
DWP final salary pension reform could be a ‘straitjacket’, pensions chief warns August 12, 2022 Government plans to ramp up scrutiny of 'final salary' pension scheme funding could be a “straitjacket” for the industry and scupper hopes that retirees’ cash could be diverted into areas like tech and infrastructure, a pension expert has warned.
Rishi Sunak under fire for ‘flip-flopping’ on tax after promising to cut VAT on energy bills July 27, 2022 Tory leadership hopeful Rishi Sunak has been accused of “flip-flopping” on tax after pledging to cut VAT on energy bills and interrupting his rival Liz Truss in two debates in recent days. It came after the Tory leadership hopeful unveiled plans to remove VAT from domestic energy bills for a year if the price cap [...]