BUSINESS LIVE: Surge in pay rings alarm bells for pensioners

BUSINESS CLOSE: Surge in wages could mean big state pension boost; Asos share price falls sharply; FCA vows to become more ‘assertive’ New data shows the number of open job posts reached pre-pandemic levels In the three months to May, annual total pay growth hit 7.3%, ONS said  Online retailer Asos has seen its share … Read more

Pensioners are spending more than eight hours playing video games every week

Why OAPs love Gran Theft Auto… Pensioners are spending more than eight hours playing video games every week Pensioners are spending more than eight hours playing video games every week Candy Crush was the top game among 2,000 old folk, followed by Tetris FIFA came in the third spot, and shoot-’em-up Call Of Duty was … Read more

Husband and wife who ‘scammed 220 pensioners out of £3million’ will be extradited back to Hungary 

A married couple accused of involvement in a scam that tricked pensioners out of £3million by claiming their loved ones had been in car crashes will be extradited back to Hungary.  Csaba Nemeth, 42, and wife Maria Lakatos, 41, allegedly conned victims into transferring cash over the phone by telling them their relatives needed money to … Read more

Husband and wife who ‘scammed 220 pensioners out of £3million’ will be extradited back to Hungary 

A married couple accused of involvement in a scam that tricked pensioners out of £3million by claiming their loved ones had been in car crashes will be extradited back to Hungary.  Csaba Nemeth, 42, and wife Maria Lakatos, 41, allegedly conned victims into transferring cash over the phone by telling them their relatives needed money to … Read more

Pensioners ditching online orders and flocking back to supermarkets

Pensioners are ditching their online orders and flocking back to supermarkets in sign vaccine is boosting older shoppers’ confidence Grocery sales rose 7.4 per cent – marked slowdown compared to previous month  Online market’s share dropped back to 14.5 per cent from record 15.4 per cent  Said to be result of confidence among older shoppers who … Read more

Rishi Sunak ‘plans tax raid on pensioners’ to pay off Covid debts

Rishi Sunak ‘plans tax raid on pensioners’ to pay off Covid debts: Chancellor could freeze lifetime allowance in next week’s Budget leaving savers facing extra 25% levy on income Rishi Sunak is considering freezing lifetime allowance for the rest of parliament Freeze would push thousands above cusp and slap future payments with 25% tax But … Read more

Elderly woman ‘collapses with hypothermia’ in vaccine queue as pensioners left queuing for hours

Elderly woman ‘collapses with hypothermia’ in vaccine queue after hundreds of pensioners were forced to wait for HOURS in snow and ice due to overbooking blunder – before many were sent home and told to RE-BOOK Scottish pensioners were left queuing in freezing temperatures for a Covid jab Labour MSP Alex Rowley slams NHS Fife’s … Read more

Pensioners pressured to pay licence fee twice amid delays and system chaos then can’t get refunds 

The great licence fee farce: Pensioners are pressured to pay twice amid delays and system chaos… then can’t get refunds Pensioners pressured into paying the £157.50 fee twice due to processing delays They have also been left out of pocket for months as refund requests are ignored Around 4.2million pensioners were claiming free licence when … Read more

Pensioners who paid twice for a TV licence wait months for a refund 

Pensioners pressured into paying twice for a TV licence forced to wait months for a refund By Fiona Parker For The Daily Mail Published: 22:01 GMT, 26 January 2021 | Updated: 22:01 GMT, 26 January 2021 Pensioners pressured into mistakenly paying twice for their TV licence are being forced to wait months for a refund. … Read more

Private equity asset strippers must save Debenhams pensioners

Multi-millionaire private equity tycoons who masterminded a takeover which left Debenhams loaded with £1.2billion of debt are facing calls to bail out its stricken pensioners. The 243-year-old department store firm collapsed after a loss of £491.5million in 2018, buckling under the impact of online competition and a failure to invest in stores and products. Although … Read more