Pension reform delays could leave young workers £117k worse off in retirement

[ Millions of young workers could be left £117,000 worse off in retirement following a delay to the rollout of reforms that would have seen them start saving into their workplace pension years earlier. The Government supported a private members bill last March that would see the automatic enrolment age lowered from 22 to 18 … Read more

Supermarket price rises imminent as Red Sea shipping crisis to last for months

[ Delays to global trade caused by hundreds of ships diverting around Africa to avoid attacks in the Red Sea are set to inflict months of disruption and imminent price rises on supplies of household items and foodstuffs, trade experts have warned. Figures show that an armada of some 350 ships – more than half … Read more

How Red Sea attacks could trigger new Suez Crisis

[ The confrontation between Western powers and Houthi rebels in the Red Sea could trigger a new crisis in the Suez Canal, which plays a crucial role in the Egyptian and global economy. Egypt generates substantial revenue from the operation of the Suez Canal, which opened for navigation in 1869 and serves as a vital … Read more