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 - 8 hours ago

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 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 - 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

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

FirstFT: Musk backs Trump election bid with $75mn donation

Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capital

World - Financial Times - October 16

Reeves seeks reform of UK consumer redress in financial services sector

Chancellor considers overhaul as lenders face potential multibillion-pound bill for alleged mis-selling of car finance

Business - Financial Times - Yesterday

Solving the UK’s consumption conundrum

Real earnings are rising and consumer confidence has improved yet households still choose to save their disposable income rather than spend it

World - Financial Times - October 21

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - 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

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.

Cole Palmer cannot solve all of Chelsea’s problems, Enzo Maresca warns

‘We put all the pressure on his shoulders – that is wrong’ Blues face tricky run starting on Sunday at Liverpool Enzo Maresca warned his Chelsea players they cannot rely on Cole Palmer to “solve ...

World - The Guardian - October 18

Au pair program is a model for solving our child and elder care problems

Congress has an opportunity to create a new paradigm for employment based on an existing, successful federal program

Politics - The Hill - October 20

With This 1 Move, Google May Have Solved a Huge AI Content Problem

As AI tech gets smarter it’s getting harder to spot the difference between content made by a human and what’s been dreamed up by an algorithm. Google, pushing the AI envelope itself, is aware of ...

Business - Inc. - October 24

For Biden Officials, Lebanon May Be a Problem Too Big to Solve

Despite hopes that political shifts in Beirut could bring lasting peace to the Israel-Lebanon border, the United States may have to settle for a quicker fix.

World - The New York Times - November 6

Auto-enrolment drives surge in ‘lost’ UK pensions

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

Business - Financial Times - October 24

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - October 25

Why Georgia’s EU future is on the ballot in historic parliament vote

Also in this newsletter: Russian migrant-smuggling ring busted

World - Financial Times - October 25

Putin using North Korean soldiers in Ukraine could solve one problem but create more

KAZAN, Russia — Once again the reality of war may be dictating the direction of global politics.

IMF upgrades UK growth forecast in boost to Reeves

Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for Budget

Business - Financial Times - October 22

Reeves welcomes IMF's improved UK economic forecast

The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.

UK will not pay out over slavery, says Reeves

The chancellor says she understands why countries are making demands but the UK will not pay out.

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

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

Rachel Reeves loosens UK welfare spending target

Ceiling rises 20% over 5-year period to £200bn to avoid ‘having to take short-term decisions’

World - Financial Times - November 2

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

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