DWP to consult on new types of CDC schemes late this year

Speaking yesterday (28 March) at a Royal Society of Arts (RSA) CDC forum, pensions and financial inclusion minister Guy Opperman said he was keen to “capitalise on the enthusiasm” around CDC. Regulations which came into play under the Pension Schemes Act 2021 provide for single and connected employer schemes, which …

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Stocks firmer as peace talks begin | Business

Renewed confidence that another round of peace talks may bring an end to the war in Ukraine gave London’s stock markets a lift this morning. The FTSE 100 added 93.26 points, or 1.3 per cent, to 7,566.13 and the more UK-focused FTSE 250 improved 240.24 points, or 1.1 per cent, …

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Royal Mail PLC double-downgraded by Deutsche Bank Research on threat to volumes, pricing and margins

In the postal and logistics subsector, analysts said “weaker consumer demand could impact both parcel and express volumes, pricing and margins” Royal Mail PLC (LSE:RMG) was double-downgraded by Deutsche Bank Research over the indirect consequences of Russia’s invasion of Ukraine. “The outbreak of war in Ukraine has little direct impact for our logistics and …

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FTSE 100 rises on Ukraine peace talks hopes

The FTSE 100 was up 0.8% at 7,535.6 in late morning trading on Tuesday on peace talks between Russia and Ukraine, as the market held its breath for progress between the embattled states. The price of oil fell on the back of the peace talks and China’s Covid-19 lockdown in …

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