Business Today: Pension worries, HRLocker raises funds and the cornerstone of the global tech industry
is falling, according to a new study by State Street Gobal Advisors . Close to half, 46 per cent, say they are not optimistic they will have sufficient money saved to retire, up six points from a similar survey in the heart of the Covid pandemic in December 2020. The cost-of-living crisis, inflation and a lack of spare money to put into a pension are cited as the main reasons for the growing pessimism on retirement income.
A travel agent specialising in Middle Eastern and religious tours has gone out of business, forcing some customers to seek compensation from the industry regulator, writes Barry O’Halloran. , which operated as Orient Travel, ceased trading on January 10th, the company and consumer watchdog, the Commission for Aviation Regulation, confirmed on Wednesday.
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