A shake-up of the retirement system will see the default retirement age scrapped in the UK from October 2011.
Under new Government proposals to be unveiled later today, employers will no longer have the legal right to terminate the employment of a 65-year-old.
Charities such as Age UK and activists have welcomed the new proposals as [...]
Earlier this month, Business Secretary Vince Cable warned that the UK’s car industry will not receive any further funding from the Government but said it would consider investing in measures which would reduce emissions from cars and to help transform the UK into a low carbon economy.
As a result, the Government has today unveiled it [...]
Influential think tank, the National Institute for Economic and Social Research (NIESR), believes the economic recovery will be slower than the Government anticipates.
The new coalition Government is optimistic in its prediction for economic growth and expects it to be 2.3% next year and 2.8% the year after.
However, the Institute is forecasting that the economy will [...]
The Commerce Department has today revealed a rise in sales of new homes in the US for the month of June.
However, the rate of sales was the second slowest since records began in 1963.
According to the Commerce Department, new single-family home sales rose to an annual rate of 330,000 units from a revised 267,000 in [...]
Following an announcement by Chancellor George Osborne last month, the Government has today confirmed that the Financial Policy Committee (FPC) should be operational by autumn.
In his Mansion House speech last month, Mr Osborne said the Government was launching the FPC in order to regulate financial services and markets.
The proposals came after the coalition Government [...]
Following an announcement by Chancellor George Osborne last month, the Government has today confirmed that the Financial Policy Committee (FPC) should be operational by autumn.
In his Mansion House speech last month, Mr Osborne said the Government was launching the FPC in order to regulate financial services and markets.
The proposals came after the coalition Government [...]