Ben

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About Ben Leonard

Ben is a Journalist with an extensive track record within most media, including TV, radio, press and direct marketing. Specialising in finance and business writing, Ben draws upon his extensive experience to craft compelling articles that provide valuable information to CLNews readers in a format that is easy to understand.

3m pension scheme savers have 50% chance of receiving entire pension

By | 2018-06-04T07:57:55+00:00 September 28th, 2017|Personal Finance|

Author Ben Leonard It’s been revealed that around three million members who are saving with final salary pension schemes could miss out on around a fifth of their future income because their employers have made unaffordable promises. Extreme pressure to meet pension schemes obligations Many employers have offered their staff a “final salary” pension scheme [...]

UK credit rating downgraded as a result of Brexit fears

By | 2018-05-30T10:07:35+00:00 September 25th, 2017|Banking|

Author Ben Leonard One of the top credit ratings agency, Moody’s, has downgraded the UK’s credit rating in the wake of Brexit fears. Back in July, Moody’s announced that they were considering reducing the UK’s credit rating score, and it now looks like they have followed through with their suggestions. A rating downgrade can affect [...]

UK retail sales figures boost the Pound

By | 2018-05-30T10:07:35+00:00 September 21st, 2017|Banking, Economy|

Author Ben Leonard After an 8 month low, the Pound has finally broken the $1.30 barrier after the UK retail sales figures were announced. Retail sales boost pound It was announced by the Office of National Statistics (ONS) that the retail sales volumes in the UK had actually risen 2.3% for the month of April, [...]

Ryanair cancelling 50 flights a day because they “messed up”

By | 2018-05-30T10:09:31+00:00 September 18th, 2017|Business|

Author Ben Leonard Ryanair has admitted that they are cancelling between 40-50 flights a day for the next six weeks so that they can improve “system-wide punctuality”. Clearing a backlog Ryanair said that they were cancelling the flights in order to hit their annual 90 percent punctuality target for 2017. Marketing officer Kenny Jacobs said [...]

Businesses getting ready for the GDPR

By | 2018-05-30T10:07:29+00:00 September 14th, 2017|Business|

Author Ben Leonard With less than 10 months to go until the General Data Protection Regulation (GDPR) is launched, many businesses are facing an impossible race to get themselves ready for the launch of the new EU directive.   What is the GDPR? The GDPR, or the General Data Protection Regulation, is an EU directive that [...]

Financial Ombudsman to reject claims HSBC were too slow freezing small business accounts

By | 2018-05-30T10:07:28+00:00 September 11th, 2017|Business|

Author Ben Leonard Hundreds of small businesses who were affected by a freeze on their business accounts could see their appeals to the Financial Ombudsman rejected. Crackdown The Financial Ombudsman Service was called to step in after HSBC incorrectly blocked hundreds of accounts of small businesses, including those of charities and churches. The move came [...]

Gangs recruit postal workers to help steal bank cards

By | 2017-09-26T11:31:33+00:00 September 4th, 2017|Business|

Author Ben Leonard The BBC has revealed that some gang members are targeting royal mail postal workers, offering them up to £1,000 each to help steal bank cards. The revelations came in a BBC documentary primarily shown in the Midlands but now has received major national coverage. “Bring them back to us and get paid” [...]

Provident Financial announces disappointing financial year

By | 2018-07-15T11:47:15+00:00 August 31st, 2017|Business|

Author Ben Leonard Doorstep lender Provident Financial (PFG) lost almost two-thirds of their market value in a single day on the 22nd of August, in one of the worst share price drops in FTSE history. The doorstep lender was said to have been hit by a “quadruple whammy” last Tuesday, as they lost their chief [...]