Canadian pension fund buys UK airports operator for £1.5bn

PSP acquires AGS from Macquarie and former Heathrow investor Ferrovial

Business - Financial Times - Yesterday

Pension funds warn being forced to invest in UK would be ‘huge mistake’

Industry fears having to buy lower-quality assets at unattractive prices after minister says ‘considering all options’

World - Financial Times - October 18

The race to build a £354bn British pensions behemoth

Reeves’ Mansion House speech will push for faster integration of council retirement schemes

Business - Financial Times - 3 days ago

Birmingham Airport back open after evacuation

Flights were grounded and passengers told to leave the building as police investigated a suspicious vehicle.

Pension fund use of ETFs surges in Europe

Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRock

World - Financial Times - October 18

Canada alleges Indian Home Minister Amit Shah ordered campaign targeting Sikh separatists

Canada has alleged that Indian Home Minister Amit Shah ordered a campaign of violence, intimidation and intelligence-gathering targeting Sikh separatists inside Canada

World - ABC News - October 29

Auto-enrolment drives surge in ‘lost’ UK pensions

£31bn sitting in unclaimed, inactive or lost savings pots

Business - Financial Times - October 24

Reeves in radical pension shake-up to boost growth

The chancellor wants to merge the UK's pension funds but critics worry about the impact on savers.

Smuggler reveals forgery operation used to bring Vietnamese migrants to UK

The UK asylum seeker tells the BBC he cannot justify breaking the law "but it’s a very lucrative business".

Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations

The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.

Business - The Wall Street Journal - October 25

Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners

Experts say big tax bills could result from Rachel Reeves’ move in the Budget

Business - Financial Times - October 30

UK savings plans overhauled with planned pension tax changes

Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regime

Business - Financial Times - October 31

Reeves plans to use £350bn council pension pot to boost UK economy

Chancellor to set out reform to fragmented local authority funds in Mansion House speech

Business - Financial Times - 6 days ago

Reeves to force council pensions to consolidate into 8 ‘megafunds’

Chancellor to target minimum size for multiemployer defined contribution schemes of £25bn to £50bn

Business - Financial Times - 23 hours ago

Reeves seeks scale to solve UK pension investment problem

Chancellor is trying to remove some of the inefficiencies from operating smaller local authority funds

World - Financial Times - 3 hours ago

Buffalo Bills Fans Buy Municipal Bonds to Help Fund New Stadium

Critics of using public money to build sports facilities dismissed the bond sale, but some of the team’s devoted followers eagerly paid in.

Business - The New York Times - 4 days ago

Controversial consulting firm fails to get approval for deal with Ohio teachers’ pension fund

A committee on the Ohio retired teachers’ pension fund board has decided not to move forward with the controversial consulting firm that has been the subject of News 5 investigations.

Sports - Yahoo Sports - October 16

New Lord Mayor to push pension funds to invest more in London-listed companies

Alastair King takes office in the Square Mile on Friday and says measure necessary to boost stock market

World - Financial Times - 6 days ago

UK and US urge India to co-operate with Canada amid row

The UK says Delhi's co-operation is the "right next step" after Canada accused Indian agents of criminal activity in the country, which India denies.

UK investors seize advantage and feast on bargain passive funds

Analysts suggest kickbacks might explain how, in contrast, 89% of flows to Luxembourg funds went to active vehicles

Business - Financial Times - October 17

UK to boost Ukraine funding using £2bn from Russian assets

The funds are the UK's contribution to a $50bn (£38bn) loan package announced back in June.

Japanese property group Tokyo Tatemono targeted by UK activist fund

Stakebuilding by Palliser Capital follows Elliott Management's move on sector peer Mitsui Fudosan

World - Financial Times - October 22

Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment

Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by Tories

Business - Financial Times - October 24

UK government explores privately funded Birmingham-Manchester rail link

Mayors argue new train line is needed after northern leg of HS2 was axed on cost grounds

World - Financial Times - 6 days ago

‘Buy now, pay later’ group Affirm launches in the UK

Move comes as British government looks to bring the popular borrowing method under FCA rules

Business - Financial Times - November 4

UK rail operator admits it still uses fax machines to contact train crew

Northern under fire from regional mayors for poor performance

Business - Financial Times - October 30

Chancellor announces £1.5bn for Stormont next year

Rachel Reeves also gives the go ahead to funding for Causeway Coast and Mid South West growth deals.

Klarna sells loans to hedge fund Elliott to free up £30bn for growth

Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolio

Business - Financial Times - October 16

UK plans to place ‘buy now, pay later’ lenders under FCA rules

New regulation would allow finance watchdog to apply tests on affordability

Business - Financial Times - October 17

NHS in England to receive £1.5bn next year to boost appointments

Fresh funding comes as part of wider package which will be set out by Reeves in Budget on Wednesday

Business - Financial Times - October 28

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