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Private workers to get guaranteed pension income for life in bid to close savings gap

Under new plans set out by pensions minister Torsten Bell on Tuesday, providers will be required to offer workers an annual income as standard in retirement. The plans, dubbed ‘Guided Retirement’, will “resurrect” the…

Mortgage squeeze looms for millions as more families ‘financially strained’

More people are feeling a financial strain than at any other time in the last two years, polling has shown, with a rise in mortgage bills set to put household budgets under greater pressure. New City AM /Freshwater…

Virgin Media O2 confirms thousands of UK job cuts in £800m cost-cutting drive

The telecoms giant said around £300m of the total savings would come from cutting its 16,000-strong workforce in the UK, with aims to reduce its staff costs by around 30 per cent by 2029. The company has not disclosed…

Barclays begins early motor finance payouts as FCA sets ground rules

Barclays will begin offering payouts to motor finance consumers ahead of the forthcoming legal battle after the City watchdog introduced its “minimum expectations” for lenders wishing to settle early. The bank said it…

Regulators explore credit union reforms to support growth, innovation and better outcomes for members

Credit unions, which are member-owned and typically focus on savings and personal loans in a specific occupation, community or area, have over two million members in the UK. Building on the joint PRA and FCA 2025 Mutuals…

Prem Rugby champions Northampton Saints cut losses amid investment talks

The team, who won their second Prem Rugby title in three years in May, cut losses for last season to £932,000, down from £1.83m the year prior. Results released by Northampton Saints this morning cited a number of…

Asda appoints former Morrisons boss as chief executive as sales struggle

The UK's third largest supermarket said its 73-year-old executive chair, Allan Leighton, who has been running the business since 2024 , would now step back to a non-executive role focusing on "the long-term strategic…

Pay Gaming or Bingo Duty

Get emails about this page Print this page Contents When to pay What you need Pay online Paying online through your bank account Pay by Direct Debit Paying by debit or corporate credit card Pay by bank transfer Pay by…

Alcoholic Ingredients Relief

Summary This book deals with the control, policy and legal aspects of the Alcoholic Ingredients Relief (AIR) scheme, whereby the duty paid on alcohol used in the production or manufacture of eligible articles (foodstuffs…

Additional Information (AI) Statement Codes for Data Element 2/2 of the Customs Declaration Service (CDS)

Get emails about this page Print this page Known error workarounds may apply to this area of the instructions . This Appendix provides details of the codes to be used to provide additional information in Data Element (…