Actuarial News

The Weekly Actuary

Keep yourself updated with the latest actuarial related news in the world today

September 9, 2020

The Scottish Parliament and the National Assembly for Wales will vote simultaneously on a motion declaring opposition to Theresa May’s Brexit deal.

An identical motion will be debated simultaneously by the Scottish Parliament and the Welsh Assembly - with co-ordinated votes.

It will underline opposition to Theresa May's deal, demand a delay to Brexit and call for "no deal" to be ruled out.

Both motio...

March 10, 2019

A plan has been launched to make Dundee the first "living wage city" in the UK.

Employers have joined forces in order to boost the number of jobs which pay the voluntary living wage of £9.

More than 50 employers in Dundee have already committed to paying their staff and subcontractors the living wage, covering a quarter of all workers in the city.

Minister Jamie Hepburn said: "The significance...

February 27, 2019

"Nobody knows what it is," is the verdict of Zimbabwe's former trade minister and now opposition politician Nkosana Moyo. 

He was talking about what appears to be a new currency in the country. 

It has been introduced over the last few days but its impact is not yet clear. 

Why is it needed? 

Zimbabwe has a troubled history with currency. 

In 2009 it ditched the Zimbabwe dollar and...

February 24, 2019

Aon has released its 2019 Cyber Security Risk Report. The report details the greatest cyber security threats and challenges organizations are facing, discusses that as companies continue to use technology to speed up the transfer of information, game-changing business opportunities are created, as well as increased cyber risk.

 "In 2018 we witnessed that a proactive approach to cyber preparation an...

February 22, 2019

The UK will not be able to roll over an EU trade deal with Japan in time for the scheduled date of Brexit on March 29, International Trade Secretary Liam Fox has said. 

Japan was the most significant on a list of 27 EU trade agreements released by Dr Fox's Department of International Trade on which discussions about possible roll-over are still ongoing just 36 days fro...

February 15, 2019

Germany's economy stagnated in the fourth quarter of 2018, thus skirting a technical recession, as trade failed to support growth amid the global trade tensions and the uncertainty linked to Brexit. 

Gross domestic product was unchanged from the third quarter, when the economy shrunk 0.2%, preliminary data from the Federal Statistical Office showed on Thursday. Economists were looking for a modest...

February 15, 2019

UK inflation fell to a two-year low in January, dragged lower by falling energy bills and fuel.

The Office for National Statistics said the Consumer Prices Index (CPI) was 1.8% last month, from 2.1% in December.

Inflation peaked at a five-year high of 3.1% in November 2017, and was last at 1.8% was in January 2017.

Mike Hardie, ONS head of inflation, said: "The fall in inflation is due mainly to chea...

February 7, 2019

France puts up food and drink prices under new law 

Nutella, Président Camembert, Ricard Pastis and Carte Noire coffee are among the brands set to cost more in France as a law on food prices takes effect. 

The cost of hundreds of popular food and drink products are set to increase from Friday, February 1, as a new law comes into force. 

The Loi Alimentation - which will also bring to an end...

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