Keep up to date with the latest actuarial and finance news in our weekly round-up…

 

Giraffe and Ed’s Easy Diner owner to shut a third of its restaurants 

The owner of Ed’s Easy Diner and Giraffe is to close a third of its restaurants, putting 340 jobs at risk after creditors approved a rescue deal.

UK firms expect to give 2.5% basic pay rise this year

British private sector employers expect to give workers a 2.5% basic pay rise this year, though some are waiting until Brexit plans are clearer, Xpert HR has found.

Solvency II regulations hindering sustainable investments, ABI warns

Billions of pounds could be unlocked for sustainbale investments in Europe if Solvency II regulation is changed, the Association of British Insurers has declared.

The Bank of England to set new rules on Climate Change risk – Carney 

The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday.

And finally…

Toilet paper maker stockpiles in case of no-deal:

One of the UK’s main suppliers of toilet paper have started stock piling in the event of no-deal Brexit.

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