'When people say now that things are going to get tough, I say, ‘You have no idea’'

Since leaving the chief executive’s chair of GCap in June, when the radio group was finally sold to Global Media, Frances Hazlitt, universally known as Fru, has been unemployed.

Two months into not living “at 150 miles per hour”, she is finding life in the slow lane harder than expected. “I always thought I was disciplined and organised, but I’ve realised that it was never me. It was my PAs. And now I’m having to learn to be completely self-sufficient.”
 

It’s untenable to have a normal retirement age in public-sector schemes that is significantly different from the state retirement age

Brian Bailey, Director of pensions, West Midlands Pension Fund and member of High Pay Commission