Plans to raise the state pension at to 66 by 2020 face 6 Month delays
The delays to the plans to raise the state pension age for women has caused much concern as women will have to wait an extra two years to get their pension…read the article here.
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Profits at JP Morgan are hit by crisis in the Eurozone
The debt crisis within the Eurozone has had an impact on profits at US Bank, JP Morgan Chase (Investment Banking). Profits are down by 4% when compared to last year. C.E.O Jamie Dimon declared the results “reasonable due to the current economic environment.” Read the full article here. J.P. Morgan is a world leader in financial services, providing solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available.
BP Have announced a £4.5bn oil project west of the Shetland Island
“A Massive boost for jobs and growth” David Cameron claims. BP plan to extend an existing Clair oil field which will also see investments from Shell, ConocoPhillips and Chevron.
BP and their partners are said to be investing almost £10bn in North Sea oil and gas work over the next 5 years…read the article here.
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