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Current Affairs

High take-up of pension freedoms

More than 200,000 people have withdrawn part or all of their pension pot in the 3 months since the introduction of the new pension freedoms, according to figures released by the Financial Conduct Authority.

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Businesses call for impartial information on EU referendum

Businesses in the UK do not feel that they have enough impartial information to make an informed decision about how to vote in the upcoming European Union referendum, a new report by the Federation of Small Businesses says.

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Business costs rising ahead of inflation

Many companies have seen their costs continue to rise across 2015, with staff costs being the most commonly reported increase, according to a new survey by the Forum of Private Business.

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Digital connectivity drives small business growth

The health of the digital market for small businesses is helping drive growth despite gaps in expectation, service quality and delivery, according to a report by the Federation of Small Businesses.

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Small business confidence cools

Small business confidence is slowing down, according to the Federation of Small Businesses.

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Over-55s plan house purchases

More than a third of people over 55 are planning to buy at least 1 more property in their lives, research by Prudential has found.

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Use of zero-hours contracts increases

The use of zero-hours contracts has risen by 6% in the last year, according to the Office for National Statistics.

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Consumers look to new payment technologies

Almost 4 in 10 current account holders think the rise of technology will eliminate the need to use cash in 10 years' time, research by Lloyds Bank suggests.

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Gender pay gap between management roles

Women working in management roles are effectively working unpaid for almost 2 hours each day, according to analysis from the Chartered Management Institute.

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Employees not taking full annual leave

More than half of the British workforce does not take the full amount of annual leave each year, research has shown.

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