The French Government has announced the country’s retirement age will be lifted from 60 to 62 by 2018, as part of a sweeping overhaul to its pension system.
The new measures are to be implemented to cut France’s pension costs and reduce public borrowing.
However, the shake-up has met with public anger after tens of thousands [...]
From today, the Nationwide Building Society will attempt to reduce its queues by making customers with cash cards withdrawing less than £100 to use the branch cash machine.
The Nationwide said the change, which was announced in April, is essential and the move is aimed at speeding up transactions and freeing up staff time to deal [...]
From 1 July, Alliance & Leicester (A&L) will attempt to reduce its queues by making customers with cash cards withdrawing less than £300 to use the branch cash machine.
The bank, which is to be renamed Santander later this year, said the change will bring the bank brand in line with other banks in the Santander [...]
From 7 June, Nationwide Building Society will attempt to reduce its queues by making customers with cash cards withdrawing less than £100 to use the branch cash machine.
The Nationwide said the change is essential and the move is aimed at speeding up transactions and freeing up staff time to deal with other transactions.
The building society [...]
The euro continues to lose value as investors remain concerned about a solution for Greece’s fiscal problems.
The currency fell to a record low of 1.4232 francs on trading platform EBS, while falling to an all-time low against the Australian dollar to $1.4654.
Against the US dollar, it fell to $1.3459 – close to a ten-month low [...]
A report due to be released later this week by the European Commission is expected reveal the Government’s plans for reducing the budget deficit are not ambitious enough.
A draft document, which has been seen by the Reuters news agency, warns Britain is not on target to trim its deficit in accordance with EU rules of [...]