The Editor’s Digest for free, curated by Roula Khalaf of the FT, highlights Barclays’ expected compensation of up to £7.5mn for a recent outage affecting over half of its payments. Findings from a Treasury committee reveal that the top UK banks experienced 158 IT failures in the past two years, with Barclays leading in outages. Customers faced turmoil during the three-day incident in January, prompting Barclay’s CEO Vim Maru to apologize and prioritize customer interests in communication and resolution efforts.
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75% of Workers Today Plan to Have a Job in Retirement. Here's Why You Should, Too.
A significant motivation for retirement is to cease working, especially for those who have endured stressful jobs over the years. However, a recent survey by the Employee Benefit Research Institute reveals that 75% of workers are considering continuing to work during retirement, suggesting it may offer various benefits. Embracing a job in retirement could enhance financial stability and personal fulfillment, making it a worthwhile option for many retirees. Full Article
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