Tuesday newspaper round-up: Pensions scam, Turkey, EasyJet, ports

A TV advertising campaign to warn the public about pension scams is being launched by UK regulators as new figures show that victims are losing an average of £91,000 each. The Financial Conduct Authority (FCA) and the Pensions Regulator have joined forces on the campaign to raise awareness of the most common tactics used by fraudsters. – Guardian

The amount polluters pay for emitting carbon in the EU has hit a 10-year high, in a blow for coal power station owners and a boost for renewable energy. The price of carbon in the bloc’s emissions trading scheme reached €18 (£16) per tonne on Monday, triple the level a year ago. About 12,000 factories and power stations have to pay for every tonne of carbon they emit under the scheme, but for years an oversupply of permits has meant the cost has languished at about €5 per tonne. That is too low to spur companies to lower emissions. – Guardian

The UK will have 9million more pensioners within the next 50 years, official figures have shown. The number of people aged over 65 will nearly double to more than 20million by 2066, according to the Office for National Statistics. The biggest increase will be in the over-85s age group, which will more than treble. – Telegraph

President Erdogan’s reaction to Turkey’s financial crisis was likened to King Canute trying to hold back the tide amid criticism of the country’s inadequate response to the threat of a full-blown economic debacle. Turkey is the latest in a growing list of emerging market economies to be sent into a tailspin, spooking overseas markets and leading to pressure on policymakers to step in with a more robust response to halt contagion. – The Times

The Easyjet billionaire Sir Stelios Haji-Ioannou is pursuing two Latin American airlines, accusing them of brand theft for using the word “easy”. Easygroup secured an order in the High Court last month calling on the Honduran airline Easy Sky and its Mexican parent company Global Air to desist from using the Easy Sky brand on the side of its aircraft or from using the brand as a domain name on the internet or social media.- The Times

Liam Fox’s trade department has attempted to bury the hatchet with Britain’s ports and shipping industries with talks over new government funding. Ministers have started work on a five-year plan for the maritime sector, just weeks after its leaders attacked a “chronic lack of direct industry experience” at the heart of government. – The Times