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

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.

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

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 - 6 days 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 - November 14

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

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

UK borrowing costs rise as Reeves’ spending plans unnerve investors

Ten-year gilt yield hits five-month high after chancellor’s first Budget

Business - Financial Times - October 30

Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...

World - The Guardian - October 31

Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – UK politics live

Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union. In news that will disappoint those of you who enjoy a Liberal Democrat stunt, PA has ...

World - The Guardian - 6 days ago

Euronext plans US-style prospectus to boost corporate fundraisings

European exchanges operator aims to harmonise listing information across seven countries

World - Financial Times - November 8

China approves $840B plan to refinance local government debt, boost slowing economy

China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy

World - ABC News - November 8

The Papers: Reeves 'risks hurting pensioners' and shoplifting 'crisis'

Warnings ahead of Rachel Reeves' first Budget, and the soaring cost of theft from shops, lead the papers.

Badenoch: We will have opposite approach to Labour on economy

Speaking on her first day as leader, Badenoch gave a first glimpse of her policy priorities.

Reeves wraps up ‘grim’ spending talks amid council bankruptcy fears

Local government expected to suffer further squeeze in chancellor’s first Budget

Business - Financial Times - October 23

Can Rachel Reeves use her defining Budget to escape UK's 'doom loop'?

The chancellor is under massive pressure to deliver - both to balance the books and fix public services.

US vetoes Security Council's Gaza ceasefire resolution

Fourteen of the 15 members voted in favour, but Washington said the text would send "dangerous message" to Hamas.

Reeves must go bigger and bolder on local pensions reform

If the UK chancellor believes in the benefits of scale, it is not obvious why 8 is the magic number

World - Financial Times - 6 days ago

Auto-enrolment drives surge in ‘lost’ UK pensions

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

Business - Financial Times - October 24

Pension plan a sticking point for Boeing machinists on strike

The union representing Boeing machinists has voted to reject the company's latest contract offer, extending a costly, weeks-long strike. CBS News' Kris Van Cleave and Kelly O'Grady explain what ...

Barnier touches nerve with plan to trim French pensions

Prime minister’s money-saving proposal hits opposition, despite calls for more intergenerational fairness

World - Financial Times - November 6

‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy

While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances. Experts seem to agree the US economy has been on the upswing in 2024. A wave ...

World - The Guardian - November 4

A New York City law used to padlock suspected illegal pot shops is ruled unconstitutional

A New York City judge has ruled that a law the city has relied on to padlock suspected unlicensed marijuana shops is unconstitutional

Health - ABC News - October 29

UK looks at handing asylum seeker housing contracts back to local councils

Exploratory talks follow criticism of private outsourcing groups and concern about their high profits

Business - Financial Times - November 4

UK government looks at ending Gove ban on councils opening new schools

Education secretary Bridget Phillipson says Tories had ‘tunnel vision’ about promoting academies

Business - Financial Times - November 9

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