Pushing UK pensions into private markets would deliver ‘tiny’ gains, forecasts show

Ministers have argued higher fund allocations to private equity and infrastructure would generate better returns

World - Financial Times - Yesterday

ADP jobs report shows 233,000 gain in private-sector hiring — much stronger than expected

U.S. businesses 233,000 new jobs in October to mark the biggest gain in 14 months, paycheck company ADP said, suggesting the labor market is somewhat stronger than previously believed.

Business - MarketWatch - October 30

Results: How small gains delivered a big win

How a shift in support among different groups added up to Trump regaining the White House.

Ivy League endowments struggle with private market downturn

Some universities have issued bonds to meet funding needs as a dealmaking dearth weighs on investment returns

Business - Financial Times - November 9

Republicans Clinch Control of the Senate

After picking up seats in West Virginia, Ohio and Montana and winning an unexpectedly close race in Nebraska, the G.O.P. sealed a majority. Tight races in swing states will determine their margin.

Top stories - The New York Times - November 6

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

UK government borrowing for October exceeds forecasts at £17.4bn

Data highlights challenges facing chancellor Rachel Reeves

World - Financial Times - 6 days ago

Simpson Thacher and HSF target Luxembourg in private equity push

Top law firms are opening new European bases as investment grows

World - Financial Times - 11 hours ago

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 - November 8

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 - November 11

Canadian pension fund buys UK airports operator for £1.5bn

PSP acquires AGS from Macquarie and former Heathrow investor Ferrovial

Business - Financial Times - November 13

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 - November 13

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 - November 14

Rachel Reeves’ plans to reform Britain’s pensions industry

Proposals expected to lead to rapid consolidation of workplace retirement schemes and reallocation of assets

World - Financial Times - November 15

Government could force pension funds to invest more in UK assets

Further measures may be taken if ‘megafund’ reforms fail to boost domestic investment, says pensions minister

Business - Financial Times - November 18

UK Budget spooks bond markets

UK borrowing costs hit the highest level this year after Budget announcements sink in

World - Financial Times - November 1

We're pocketing a gain in a disappointing stock — and would be buyers in another

We're seizing this opportunity to sell into strength a stock that has disappointed.

Business - CNBC - November 6

Is the stock market open on Veterans Day? Will the post office deliver mail?

The Nov. 11 holiday, which honors those who have served in the military, dates back to the end of World War I.

Business - MarketWatch - November 11

Financial markets do not trust the BoE to deliver low inflation

They expect UK inflation to average around 3%, much higher than the US, Germany or France

World - Financial Times - 23 hours ago

Williams-Sonoma’s stock rockets to all-time high as market-share gains fuel earnings beat

Williams-Sonoma Inc.’s stock was up 26% on Wednesday after the home-goods retailer reported improved sales and market-share gains, as well as stronger-than-expected profit, despite a “difficult ...

Business - MarketWatch - 6 days ago

UK hits wealthy with raids on non-doms, private equity and estates

Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreigners

Business - Financial Times - October 30

How will UK tax rises on private equity’s carried interest work?

Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026

Business - Financial Times - October 31

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 - November 8

Grant Thornton UK picks private equity over US merger

Accounting firm agrees to sell stake to buyout group Cinven

World - Financial Times - 6 days ago

Rising energy bills push inflation to highest for six months

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.

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 - November 8

Walz to deliver closing message on 'The Late Show with Stephen Colbert'

Democratic vice presidential nominee Gov. Tim Walz (D-Minn.) is set to deliver his closing remarks in an interview that will air on CBS's "The Late Show with Stephen Colbert" on Monday night, CBS ...

Politics - The Hill - November 1

Thanksgiving weather forecast maps show snow storms, winter cold fronts

Winter storm weather is forecast to bring snow to different parts of the country in the days around Thanksgiving 2024, potentially interrupting travel.

Latest in Pushing UK pensions into private markets would deliver ‘tiny’ gains, forecasts show