Liontrust hit with £4bn in outflows from UK funds
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Pension funds need ‘compelling’ returns from UK nuclear projects to invest
Potential investors tell Jeremy Hunt regulatory clarity also essential before backing new power plantsFinancial Times - World - United Kingdom -
UK City minister hits out at watchdog’s fraud refund plan
Bim Afolami says PSR’s proposal has ‘significant problems’ in latest sign of tension between Treasury and regulatorsFinancial Times - Business - United Kingdom -
Ex-ministers warn UK universities will go bust without higher fees or funding
Exclusive: Vice-chancellors suggest fee rise of £2,000 to £3,500 a year, but others say that is ‘politically impossible’. Next government must make hard university funding decisions, fastVice-chancellors and former ministers are warning that the ...The Guardian - World - United Kingdom -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
What happened in the UK's infected blood scandal from the 1970s to '90s?
The final report of the U.K.’s infected blood inquiry has been published, six years after it started its workABC News - Health -
Our adviser put 50% of our holdings in individual stocks, but now we fear a big tax hit by switching to index funds
Changing investment strategies midstream can lead to significant capital gains when you sell.MarketWatch - Business -
Economists forecast $500bn annual hit from new Trump tariffs
Peterson Institute says poorest Americans will suffer most if Republican wins election and raises levies as promisedFinancial Times - World - Donald Trump -
The best new camping and glampsites around the UK, from festival vibes to no-frills meadows
Pods, campervans, bell tents and even Star Wars domes feature in our round-up of sites set in glorious countryside from the South Downs to the Hebrides. Wild Canvas, one of the recent wave of pop-up campsites with a festival vibe, has a host of ...The Guardian - World -
Bruins' Brad Marchand could return to lineup for Game 6, comments on controversial hit from Sam Bennett
Marchand has missed the last two games after being hit by Panthers forward Sam Bennett in Game 3CBS Sports - Sports -
$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Vaughan Gething says Plaid Cymru ‘walked away from opportunity to deliver for Wales’ as it ends cooperation agreement - UK politics live
Plaid Cymru has ended its cooperation agreement with Welsh Labour government in the Senedd over concerns regarding donations to leader Vaughan Gething. The Daily Express and Daily Mail have both asked questions about the taxing of pensions. Jeremy ...The Guardian - World - United Kingdom -
Preakness Stakes 2024 predictions, picks, time, horses, odds: Best bets from expert who hit last year's winner
Gene Menez, who called National Treasure to win last year's Run for the Back-Eyed Susans, has made his picks and bets for the 149th Preakness Stakes on Saturday at Pimlico Race CourseCBS Sports - Sports -
Supreme Court upholds funding structure for CFPB
The Supreme Court said in a 7-2 decision that the Consumer Financial Protection Bureau's funding structure complies with the Constitution's Appropriations Clause.CBS News - Top stories -
Supreme Court Rejects Challenge to CFPB Funding
A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.The New York Times - Top stories -
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UK general election poll tracker
Live-updating state of the parties polling ahead of the general electionFinancial Times - World - United Kingdom -
How fast is UK inflation falling?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - United Kingdom -
America Hits the Global Snooze Button
In an increasingly alarming world, the West can’t afford to rest for much longer.The Wall Street Journal - World -
The UK-made boxing game gunning for heavyweight success
How a small British developer hopes to put boxing back in contention in the video game sports genre.BBC News - Top stories -
Steelmakers warn ministers that UK faces dumping risk
Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry saysFinancial Times - World - United Kingdom -
UK set for slower inflation than Eurozone and US
Drop in household energy bills set to push price growth close to Bank of England targetFinancial Times - Business - United Kingdom -
UK ports 'choked' by shipping fumes, study claims
Ports dispute the findings and say they are working hard to reduce emissions.BBC News - Top stories - United Kingdom -
UK infected blood inquiry: key findings
Brian Langstaff’s long-awaited report found failures by government departments and various parts of NHSFinancial Times - Business - United Kingdom -
Labour to outline clampdown on UK ‘dirty money’
‘Fresh approach’ needed, party says as it announces measures to tackle kleptocracy and corruptionFinancial Times - World - United Kingdom -
Supreme Court: Consumer Financial Protection Bureau funding doesn't violate Constitution
The Supreme Court has ruled the Consumer Financial Protection Bureau's funding practices do not violate the Constitution. CBS News legal contributor Jessica Levinson breaks down the ruling.CBS News - Top stories -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
The Supreme Court decision protects the CFPB from the potentially crippling risk that Republicans in Congress will block annual funding for the agency.CNBC - Business -
House GOP looks to undercut McCarthy-Biden deal for 2025 funding
Rep. Tom Cole (R-Okla.), chair of the powerful House Appropriations Committee, on Thursday previewed the funding levels at which GOP negotiators are seeking to craft their annual government spending bills for fiscal 2025. Republicans are proposing ...The Hill - Politics -
Supreme Court Upholds Consumer Finance Protection Bureau Funding Method
The way the agency--a target of a conservative attacks--gets money from the federal government does not violate the Constitution, the court rules in a 7-2 vote.Inc. - Business -
Param Labs raises $7M to fund gaming ecosystem development
Param Labs announced it's raised $7 million in its latest funding round to fund its modular gaming ecosystem.VentureBeat - Tech -
These tips for investing in mutual funds and ETFs shine a light on your money
Leadership changes at Vanguard, a big investor favors a gold ETF, and selling stocks to buy index funds.MarketWatch - Business -
Reroute funding to boost local NHS services, says opinion poll
Public priorities at odds with government spending programme for community healthcare, data showFinancial Times - World -
Biden's HHS is trying to twist the Hyde Amendment to mandate abortion funding
HHS has taken a lot of aggressive positions under this administration, but this may be its most ludicrous.The Hill - Politics - Joe Biden -
BlackRock funds are ‘crushing shareholder rights,' says activist Boaz Weinstein
Boaz Weinstein is fighting for control or reform at 10 BlackRock closed-end funds, which trade at a steep discount to their net asset value.CNBC - Business -
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John Fetterman says it's ‘absurd’ to say he's a bully
Sen. John Fetterman said he was only responding to the chaos when he tweeted that a House panel had gone off the rails.Politico - Politics -
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House Democrat says cutting federal funds for Harvard 'needs to be on the table'
Rep. Jake Auchincloss (D-Mass.) on Sunday said cutting federal funds for Harvard University and other schools should be an option "on the table" over their handling of campus antisemitism. Auchincloss, who is an alum of Harvard, visited the Ivy ...The Hill - Politics -
Vanguard defends dominance of US equities in EU-domiciled funds
Response follows warnings of ‘unintended consequences’ of passive funds shunning EU corporationsFinancial Times - World -
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto