People aged between 25 and 49 will be less impacted by the financial crisis
because they will be shielded from adverse changes in employment and household
income relative to other age grouops, research by PricewaterhouseCoopers shows.
Unemployment has been on the rise since the end of 2008, but the 18-24 age
group has been predominantly affected. This group also experienced the largest
increase in redundancies to April 2009.
Older age groups have also been adversely affected compared to 25-49s since
the onset of the financial crisis, B Daily reported. Lower interest rates have
reduced incomes for older savers, who are also most sensitive to falling equity
and house prices.
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