Advertisement
UK markets close in 4 hours 47 minutes

  • FTSE 100

    8,066.82
    +42.95 (+0.54%)
     

  • FTSE 250

    19,728.74
    +129.35 (+0.66%)
     

  • AIM

    753.55
    +4.37 (+0.58%)
     

  • GBP/EUR

    1.1591
    +0.0002 (+0.02%)
     

  • GBP/USD

    1.2352
    +0.0002 (+0.02%)
     

  • Bitcoin GBP

    53,664.13
    +194.12 (+0.36%)
     

  • CMC Crypto 200

    1,423.24
    +8.48 (+0.60%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • CRUDE OIL

    81.78
    -0.12 (-0.15%)
     

  • GOLD FUTURES

    2,313.30
    -33.10 (-1.41%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • DAX

    18,030.33
    +169.53 (+0.95%)
     

  • CAC 40

    8,083.27
    +42.91 (+0.53%)
     
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

UK's Aston Martin furloughing some staff after coronavirus plant closures

Reuters
·1-min read
FILE PHOTO: Britain's Prince Charles visits the new Aston Martin Lagonda factory in Barry

LONDON (Reuters) - Britain's Aston Martin is furloughing some employees as it handles the fallout from the coronavirus outbreak which has closed its car factories as production of its first sport utility vehicle ramps up, the luxury carmaker said on Monday.

Employers can claim for 80% of wage costs for staff whom they place on temporary leave, up to 2,500 pounds a month per employee, as part of a government scheme designed to help businesses whose operations have been hit by the fallout from the pandemic.

"Staff are now working from home and the process of furloughing employees as appropriate has commenced," the company said in a statement.

(Reporting by Costas Pitas, Editing by Kylie MacLellan)