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Call to raise retirement age to 70 years old

There is a call to make the Age Of Retirement at least 70 in rich countries by 2050. This is because estimates show that life expectancy is rise above 100 years old, according to recent studies. According to The World Economic Forum, employees of richer countries such as USA, Canada, Japan and the UK, should […]

Unemployment in UK set to rise in 2018, suggests the EY ITEM Club

Unemployment Figures are set to increase amid a slower growth in jobs according to a new report. The jobless rate will supposedly rise from around 4.7% this year to more than 5% next year in 2018 and around 5.8% in 2019, said the EY ITEM Club. The group also said that Employment Rate will fall […]

CEO of Barclays set for investor revolt

Barclay’s shareholders are to vote on whether to re-elect Jes Staley to the bank’s board after the controversy of his role in a whistle-blowing affair. This will be the first time Mr Staley has faced the investors since the controversy emerged that he had attempted to find out the identity of a whistle-blower in the […]

International banks plan to move out of London ahead of Brexit

Since the EU referendum last year, many European cities have tried to impress financial service companies to allow operations move on. Standard Chartered has said that it is in talks about making Frankfurt its European base. The chairman of Standard, Jose Vinals, has stated that “We are looking at setting up a subsidiary in the […]