Keep up to date with the latest actuarial and finance news in our weekly round-up…
France’s response to the discontent over living standards could be a turning point for euro zone bond markets if it kicks of an era of increased public borrowing.
The government has been accused of caving into big banks and setting the scene for another financial scandal after refusing to heed calls by the Treasury select committee to regulate small business lending.
The ONS said manufacturers suffered their longest period of monthly falls in output since the financial crisis, being hit by weaker overseas demand.
Jaguar Land Rover says it plans to cut about 4,500 jobs globally as part of a £2.5bn plan to reverse its losses. The British company has been hit by poor sales in China and a drop in demand for diesel cars.
There was £125bn worth of economic damage caused by natural disasters across the world last year, just half of which was covered by insurance, according to data from Mercer Re.