Advertisement
UK markets close in 7 hours 57 minutes

  • FTSE 100

    8,072.21
    +48.34 (+0.60%)
     

  • FTSE 250

    19,654.75
    +55.36 (+0.28%)
     

  • AIM

    750.32
    +1.14 (+0.15%)
     

  • GBP/EUR

    1.1567
    -0.0022 (-0.19%)
     

  • GBP/USD

    1.2369
    +0.0019 (+0.15%)
     

  • Bitcoin GBP

    53,605.70
    +133.14 (+0.25%)
     

  • CMC Crypto 200

    1,398.00
    -16.76 (-1.19%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • CRUDE OIL

    83.02
    +0.17 (+0.21%)
     

  • GOLD FUTURES

    2,322.00
    -24.40 (-1.04%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,802.04
    +290.35 (+1.76%)
     

  • DAX

    17,991.58
    +130.78 (+0.73%)
     

  • CAC 40

    8,064.84
    +24.48 (+0.30%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Caesars Casino Firm Moves To Cut $18bn Debts

(c) Sky News 2015

A subsidiary of US casino firm Caesars has filed for bankruptcy protection with debts of $18.4bn (£12.1bn).

Caesars Entertainment Operating Company, which owns and operates most of Caesars' properties worldwide, said it intended to keep the casino-hotels running, despite the bankruptcy filing in Chicago.

The division of Caesars Entertainment Corporation (NasdaqGS: CZR - news) employs 36,000 people at 38 casino-hotels, including the flagship Caesars Palace on the Las Vegas Strip.

It had been negotiating with creditors and lenders on a reorganisation plan that would turn the division into a real estate investment trust - one to own properties and the other to lease properties - promising creditors cash or new debt.

More follows...