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Wilko goes bust: Everything you need to know - refund rights and if stores will shut

Wilko fell into the hands of administrators today in a sad day for the high street - but what does its collapse mean for shoppers and why did the much-loved retailer fail?

Public sector pension bill outstrips size of Britain s economy at £2 3 trillion

Britain’s public sector pension bill has exceeded the size of the economy for the first time, official figures show, after ballooning to more than £2.3 trillion in the wake of the pandemic.

Britain to tap pensions for infrastructure as Thames Water toils

Britain to tap pensions for infrastructure as Thames Water toils
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Britain to tap pensions for infrastructure as Thames Water toils

As Thames Water s financial troubles raise questions about such investments, Britain will next week try to persuade pension schemes to plough billions of pounds into infrastructure and start-ups in.

BT s £39bn pension fund cuts UK investments in blow to Hunt s Big Bang 2 0 ambitions

One of Britain’s largest pension schemes has slashed its holding of UK stocks in a blow to Jeremy Hunt’s hopes of triggering a ‘Big Bang 2.0’.

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