Kate Phillips: Handed over £11,500 and nine months later was still waiting for state pension top-ups to be processed
Frustrated savers are continuing to complain of state pension top-ups chaos as the Government readies a new online service for launch by early April.
The Department for Work and Pension and HMRC must put enough staff in place to make sure the whole system does not ‘fall over’ under a new surge of top-up purchases, warns former Pensions Minister Steve Webb.
Silicon Valley Bank has been seized by financial regulators after a run on deposits tipped the bank into collapse, in the largest US bank failure since the Great Recession in 2008.
California state regulators shuttered the bank on Friday, and the Federal Deposit Insurance Corporation (FDIC) immediately took control of the bank’s $209 billion in assets and $175.4 billion in deposits.
The bank based in Santa Clara, California had been the 18th largest bank in the US, and primarily catered
