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UK Treasury omits defence from National Wealth Fund priority sectors
Decision comes even as government joins other European countries in seeking to raise military spendingFinancial Times - 9h -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - Mar. 11 -
Pension funds don’t take ‘anywhere near enough risk’, says UK national wealth fund executive
Ian Brown tells FT that managers need to back infrastructure projects before construction under wider net zero pushFinancial Times - 3d -
EU to exclude US, UK and Turkey from €150bn rearmament fund
Victory for France-backed ‘Buy European’ approach to defence spendingFinancial Times - 11h -
Countries must bolster climate efforts or risk war, Cop30 chief executive warns
Ana Toni also criticises the UK’s plans to slash overseas aid to fund defence spending. Countries looking to boost their national security through rearmament or increased defence spending must also ...The Guardian - 1d -
It is time to rewire ‘Treasury brain’
The chancellor’s Spring Statement is a chance to get away from the UK obsession with fiscal tightening that kills growthFinancial Times - 4d -
EY cuts jobs in pullback from UK legal sector
Staff told of redundancies in 12-minute call as firm retreats from British legal practice expansion plansFinancial Times - 7h -
Sweden is 'no longer a country that cannot be trusted'
Sweden and Finland's defence sectors are benefiting from their countries joining Nato.BBC News - Mar. 6 -
Wealth managers dump investment trust shares
But retail investors buy into the troubled sectorFinancial Times - Mar. 8 -
Toyota considers exporting from UK to US to ease impact of Trump tariffs
Senior European executive of world’s largest carmaker also warns of more turbulence for the sectorFinancial Times - Mar. 11 -
Thiago Motta received ‘support’ from Juventus ownership: My future ‘not the priority’
Juventus coach Thiago Motta insists his future at the Allianz Stadium is ‘not the priority’ and reveals he has received support from the club owners this week.Motta is under scrutiny following a 4...Yahoo Sports - 4d -
Women will get most of the $124 trillion 'great wealth transfer.' Here's why
Women stand to benefit disproportionately from the greatest generational wealth transfer in history, studies show.CNBC - Mar. 12 -
Industrial strategy turns from green to battleship grey
Trump’s hard line on Ukraine and Nato poses difficult choices for the UK’s defence industryFinancial Times - 6d -
UK foreign secretary vows to unlock £2.3bn of frozen funds from Chelsea sale
Proceeds of deal by Roman Abramovich have been sitting in a fund for more than two yearsFinancial Times - Mar. 9 -
PwC and Saudi Arabia’s sovereign wealth fund clash over hiring of executive
‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firmFinancial Times - Mar. 7 -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - Mar. 10 -
Ireland defence must 'hugely step up' - Ryan
Ireland second row James Ryan says Ireland's defence will need to be much better in Saturday's concluding Six Nations match against Italy.Yahoo Sports - 5d -
'Buy European': Airbus and others call for sovereign fund and higher Europe tech autonomy
"Building strategic autonomy in key sectors is now a recognised urgent imperative across Europe," the letter from Airbus, Dassault Systemes and others said.CNBC - 1d -
Cassidy: The national debt is crushing the American Dream
There are competing priorities in the reconciliation bill before Congress.The Hill - 2d -
The best England XI of players omitted from Thomas Tuchel’s first squad
Thomas Tuchel’s first England squad announcement has got fans talking. With the omission of in-form talents and recalls for ageing names, the German is already facing criticism in some ...Yahoo Sports - 5d -
3 Bulgarians convicted of spying for Russia across Europe from base in UK
Three Bulgarian nationals have been convicted by a London jury of spying for RussiaABC News - Mar. 7 -
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this monthABC News - 5d -
Abbott on learning from 'one of the best defences in the Premier League'
Eighteen-year-old Forest centre-back Zach Abbott says he is enjoying learning from "one of the best defences in the Premier League". The England Under-19 international made his senior debut for ...Yahoo Sports - 5d -
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2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - Mar. 11 -
‘Nothing is off the table’ on EU defence funding, says Ursula von der Leyen
Commission president says ‘something fundamental’ has shifted and democracy and rule of law are under threat. “Nothing is off the table” when it comes to raising money for defence, the head of the ...The Guardian - Mar. 9 -
Federal funding cuts lead FEMA to cancel National Fire Academy courses
The cancellation of courses at National Fire Academy comes as the federally funded institution was set to welcome a new set of fire safety officers for training next week.CBS News - Mar. 8 -
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.The New York Times - 6d -
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.The New York Times - 6d -
UN judge from Uganda is convicted in the UK of forcing a woman into slavery
A British jury has convicted a United Nations judge of forcing a young woman to work as a slave after tricking her into coming to the U.K. Prosecutors said Lydia Mugambe forced the Ugandan woman to ...ABC News - 6d -
Big majority of EU countries push for ‘concrete’ defence deal with UK
Also in this newsletter: Greenland votes on its futureFinancial Times - Mar. 11 -
UK Treasury to review under-fire Financial Ombudsman Service
Announcement of probe comes as government sets out ‘radical action plan’ to cut regulation and red tapeFinancial Times - 2d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes from the current Trump administration.NBC News - Mar. 12 -
Why Poland is still pushing for more EU-wide defence funding ideas
Also in this newsletter: A fresh push to charge Europe’s chip industryFinancial Times - Mar. 12 -
Merz presses Greens to name their terms for German defence spending rise
‘What more do you want from us?’ asks chancellor-in-waiting as he seeks urgent support for fiscal rule changes. Germany’s chancellor-in-waiting has tried to win over the Greens to his ambitious but ...The Guardian - 6d -
UK troops may need to protect peace in Ukraine for 'many years'
Former national security adviser says the UK needs to be "willing" to deploy troops for potentially quite a long period.BBC News - Mar. 8 -
Migrant carers from India's Kerala await justice in UK visa 'scams'
The care workers, who paid thousands of pounds for UK visas, are in deep debt and without work.BBC News - 22h -
What Oil Executives Want From President Trump
Tariffs, tax credits and deregulation are among the industry’s top priorities.The New York Times - 43m -
Labour ministers yet to hold talks over Abramovich funds
Funds worth £2.5bn - meant to help Ukrainians - remain frozen in a UK bank account over a row about how to use them.BBC News - Mar. 8 -
US exits fund that compensates poorer countries for global heating
Trump pulls out of Cop28 loss and damage deal that recognises harms done by richer, polluting economies to vulnerable nations. The Trump administration has withdrawn the US from a global agreement ...The Guardian - Mar. 7
