Pensions, savings and investments

More people are setting money aside than those who are borrowing to spend, new figures have revealed.

Business organisations have reacted with disappointment to news that the government is proposing to remove the default retirement age.

The government is planning to accelerate moves to raise the state pension age for men to 66 as part of a major overhaul of the pensions system.

Business groups have given a largely positive reaction to the emergency Budget.

Not for a political generation or two has a Budget generated such intense interest. Pre-announcements by the Coalition Government had prepared everyone for large-scale changes to the tax system and for deep public spending cuts.

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