Keep up with what’s been happening this week in our latest insurance news round-up…


UK bosses earn 117 times average worker despite pay cut

The average salary for chief executives fell by 13% between 2017 and 2018, but they still earned 117 times more than the average UK full-time worker, a report has found.

UK high street sales fall at fastest rate since 2008

High street sales have slumped at their fastest pace since 2008 in August, leaving retailers’ confidence “crumbling”.

UK government urged to raise state pension age to 75

The UK’s state pension age is unsustainable and should be raised to 70 by 2028 and 75 by 2035, the Centre for Social Justice (CSJ) think tank has recommended.

High Court blocks Prudential’s £12bn transfer of annuities to Rothesay

The High Court has taken the highly unusual measure of blocking a proposal by Prudential to transfer £12bn of annuities to Rothesay Life.

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