Reeves targets using £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 - 7 hours ago

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

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 - 6 days ago

Biggest US public pension fund Calpers invests in UK’s Octopus Energy

California retirement fund among investors drawn to power company for its software and green focus

Business - Financial Times - October 14

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 inflation falls below 2% for first time since 2021 in boost to Rachel Reeves

Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...

World - The Guardian - October 16

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

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.

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.

Flexibility over electricity use key to UK’s 2030 green power target, says adviser

National Energy System Operator calls for businesses and households to play greater role

World - Financial Times - 4 days ago

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.

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.

Auto-enrolment drives surge in ‘lost’ UK pensions

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

Business - Financial Times - October 24

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

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

Incendiary device plot targeting UK may have been dry run for US and Canada

Suspect DHL package bound for Britain that started fire in Leipzig possibly part of Russian plan to cause ‘mayhem’. An incendiary device hidden in a DHL package that caught fire in Germany in July ...

World - The Guardian - 4 days ago

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

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Figure is significantly more than the £22bn fiscal hole the government previously identified

Business - Financial Times - October 15

Habeck: Investment fund to give German economy a boost

World - Yahoo News - October 23

The Budget Game: Can you do better than Rachel Reeves?

Step into the chancellor’s shoes and devise your fiscal plan

Business - Financial Times - October 15

Can you run the UK economy?

Step into the chancellor’s shoes and devise your Budget plan

World - Financial Times - October 15

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

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

This was an election on the US economy. And for many Americans, the economy sucks

‘Strong’ for whom?

World - Financial Times - 17 hours ago

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

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 - 4 days ago

Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF

Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...

World - The Guardian - October 31

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