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National

SSE and UKPN pay out for handling of winter storms

Energy provider Scottish and Southern Energy and distributor UK Power Network have agreed to pay out a total £8 million over their handling of last year's winter storms.

An additional £3.3 million has been secured by regulator Ofgem after the £4.7 million already paid out to customers over "exceptional" storms last Christmas in the south of England.

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National

Govt to detail pensions overhaul with tax reforms

The government will publish new rules for the pensions industry giving retirees greater access to their savings and free financial advice, fleshing out reforms announced earlier this year that shook the share value of British insurers.

Chancellor of the Exchequer George Osborne.
Chancellor of the Exchequer George Osborne. Credit: PA

Chancellor George Osborne caught Britain's pensions industry by surprise in March when he scrapped a rule forcing people to buy an annuity, a financial product which converts a retiree's pension pot into a guaranteed retirement income.

"It's right to support hard working people that have taken the long-term decision to save for their future and I'm pleased that the responses we had to our proposals on making pensions more flexible have been overwhelmingly positive," Mr Osborne said.

National

Osborne: 'Free and impartial advice' over pensions

Chancellor George Osborne has said that "free and impartial advice" on pensions will be delivered by the Government using organisations like Citizen's Advice Bureau and Age UK.

Mr Osborne said the steps meant people could "make the right choices" and know that they are getting "good, independent guidance that is right for them".

Read: Pensioners to receive independent 'impartial' guidance

National

'Impartial' pensions guidance 'a real game-changer'

Millions of people will get free, impartial advice on how to make the most of their retirement savings under George Osborne's radical shake-up of the pension system. Pensions expert Ros Altmann, the Government's older workers' business champion, said:

The decision that guidance must be impartial and separate from the industry is a real game-changer and will help equip people to make the right decisions for them.

The challenge is now firmly with the industry to develop the products that people need, rather than simply the products they wish to sell.

– Ros Altmann, Pensions expert

Read: Govt to detail pensions overhaul with tax reforms

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Minster says "right decision will be made" on Thames Crossing.

by David Johns (@davidjohns_itv)

It's a route used by more than a hundred thousand drivers a day. The Dartford Crossing is one of the biggest pinch-points for the south-east road network. Today the Government said it will do a detailed study of two final options for a new crossing over the Thames.

But some debate whether it's needed. David Johns reports, speaking to Roads Minister Robert Goodwill and Thurrock Council leader John Kent (Lab).

Engagement ring stolen at wedding subject of £1,000 reward

The family of a bride who's engagement ring was stolen on her wedding day are offering a £1000 reward to try and get it back before the couple return from honeymoon.

The ring was in a handbag taken from the lobby of St Peter ad Vincula Church in Wisborough Green, Sussex. The theft understandably put a dampener on the couple's special day - who then tried to track it down with a mobile phone.

Andy Dickenson reports and speaks to the groom's father Mervyn Granshaw.

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