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The Independent UK
The Independent UK
Business
Karl Matchett

Business news live: Workers to save more into pensions and FTSE 100 to open near record levels

The Department for Work and Pensions are reviving the Pensions Commission, amid concern that people are not saving enough for retirement. Estimates include three million self-employed people saving nothing at all, with some ethnic groups and low-paid workers at particular risk of retirement poverty without change over the intervening decades. A report from the commission will be due in 2027 to bring plans into place.

The new week brings with it fresh attempts for several markets to hit new highs, with the FTSE 100 pushing around the 9,000 points threshold, bitcoin seeks support above $120,000 and Brent Crude Oil ended last week above $70.

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