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Pension saving is at its lowest level for 10 years according to recently published Department of Work and Pensions (DWP) analysis by the Family Resources Survey (FRS), a key source for pension information. The analysis came from interviews with around 25,000 private households across the UK in 2009 and 2010.

Steve Webb, the Minister of State for the Department of Work and Pensions (DWP), confirmed the timetable for automatic enrolment in a recent Government announcement.

A very powerful voice in the world of UK business and finance, the Bank’s Monetary Policy Committee (MPC) sets interest rates. In setting an interest rate, the MPC judges that the rate will enable the UK’s inflation target to be met.

January got off to a predictably slow start, at least in Europe and it was January 9th before Angela Merkel and Nicolas Sarkozy met for talks. Unsurprisingly, they were worried about the credit crunch and – no surprise here either – Greek debt.