Pensioners put increasing strain on the public purse

The motivation behind the Chancellor’s announcement last week of plans to raise the state pension age was laid bare yesterday when it emerged that, 50 years from now, the Government will have to spend four times as much as it does at present to support pensioners. Illustrating the havoc that an ageing population is wreaking […]

Wood Wharf sets its sights on high-tech future

Sharp-suited bankers and lawyers will soon be rubbing shoulders with more casual, fashion-conscious types as Canary Wharf Group sets out to lure technology, media and telecoms workers to a vast Silicon Valley-style hub. The developer submitted a revised planning application yesterday for the 4.8 million sq ft Wood Wharf riverside site directly east of the financial […]

TUI hails the return of the package holiday as a five-star luxury break

Cheap sun-and-sangria holidays to the Spanish costas may have fallen out of favour, but Europe’s biggest tour operator claims that package travel is “back in vogue” amid soaring demand for all-inclusive and “differentiated” holidays. TUI Travel, which owns the Thomson and First Choice holiday brands, beat forecasts yesterday when it reported a 21 per cent […]

Pizza boss: ‘We need immigrants because of workshy Britons’

Migrants should not be blamed for coming to the UK to do jobs that British people are unwilling to take, two businessmen said yesterday. Lance Batchelor, chief executive of Domino’s pizza chain, said that tougher immigration laws had left the company struggling to recruit staff, particularly in London and the South East. Mr Batchelor, who […]

Goodnight, campers: the end of the road for the hippest van

They have been the scene of unscheduled nights of passion and given relief from the rain in wet west Wales. They have been a badge of hippiedom and still go the hard yards to coastal outcrops for surfers seeking the waves. Latterly they have also been the achingly retro buy of the sort of celebrities […]