Keep up to date with the latest actuarial and business news in our weekly round-up…
British consumers borrowed at the weakest pace in nearly three years last month, Bank of England data showed on Thursday.
The payday loan lender fell into administration on Thursday evening, leaving approximately 200,000 customers still in debt to the tune of over £400m in short-term loans.
Aston Martin drives ‘milestone’ £5bn float as profits accelerate
The luxury car manufacturer says it is gearing up for a “key milestone” in its history through a stock market listing. Aston Martin sees the floatation helping to fund its expansion plans, which include the opening of a new manufacturing plant in Wales in 2019.
The decision was sparked by fears that Japan could treat Britain as a tax haven after Brexit if London decides to lower its corporate tax rate, meaning that Panasonic could face back taxes levied by Tokyo.
UK workers joining the public sector today will retire with a pension three times larger on average than those entering the private sector, new research reveals.