Tag: banking

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Cyprus savings levy: UK government to compensate troops and civil servants

By Sharon Black

George Osborne says military personnel and civil servants in Cyprus facing levy on savings will be compensated The government is to protect the savings of British military personnel and civil servants in Cyprus who were facing the prospect of a levy as part of the €10bn (£8.7bn) eurozone bailout on the Mediterranean island, George Osborne has announced.

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Employers have their say on MOD reservists

By Sharon Black

The MOD held a workshop on Friday, 11 January, in London where representatives from companies such as Royal Mail , Lloyds Banking Group , Tesco and BAE Systems were encouraged to share their thoughts on a range of subjects that affect their businesses and the reservists they employ.