The combined black hole in the pension funds of the UK’s 100 biggest listed
companies has fallen from £110bn to £60bn in just two months, research by
Deloitte actuaries has found.
The drop was attributed to a soaring share market and easing of pressure on
bond markets due to government proposals to lend over longer periods.
In January this year, the story was completely different as deficits rose due
to demand from pension schemes for long-term bonds pushed up their price,
producing the knock-on effect of pushing up the cost of meeting pension
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements