Rachel Reeves promises ‘big bang’ on growth as she launches pensions review Economics The review will explore ways in which billions of pounds worth of assets held by pension funds could be directed to productive assets, helping to fuel growth across the country.
FTSE 100 chief warns a pension poverty crisis looms without sweeping review Pensions Millions of Brits risk sleepwalking into an impoverished retirement by failing to stash away enough in their pension pots, the UK’s biggest pensions firm has warned, in a call for a sweeping government review of the pension systems.
King’s Speech: Planning Bill unveiled to lift ‘brake’ on economic growth UK Politics A new Planning Bill unveiled in the King’s Speech is intended to lift the “major brake” on the UK’s economic growth, by unlocking national housing and infrastructure projects.
Labour’s big challenge will be separating style from substance July 17, 2024 Rachel Reeves said that one day in government is better than a lifetime in opposition. Let’s hope Labour don’t flunk their first real test.
Legal and General rows in behind Reeves’ housebuilding drive with £125m fund July 15, 2024 Legal & General has thrown its weight behind the government’s house building push today with a pledge to inject at least £125m of pension cash into affordable housing.
Reeves must accelerate pension consolidation to unlock UK investment, says Schroders chief July 13, 2024 Rachel Reeves should accelerate efforts to merge smaller pension funds to allow the country’s retirement cash to flow into British companies, the chief executive of Schroders has said.
Non-doms are paying record taxes, but Labour will shove them out the door July 12, 2024 The wealthiest non-doms are packing their bags and taking their outsize contributions to the exchequer with them, and that’s just the start of the exodus of the wealthy that will occur if Labour implements its plans, says David Lesperance “London is nice… but it’s not that nice!” These were the words of one of my [...]
Starmer and Reeves told to put capital markets at heart of economic strategy July 11, 2024 The chief executives of challenger stock exchange Aquis and retail investment platform PrimaryBid have urged the new government to prioritise opening up UK markets to new capital as an engine for economic growth.
Who’s who in Labour’s new look Treasury and business teams? July 11, 2024 Post-election and cabinet appointments, we’ve rounded up who's who in the government's new-look Treasury and business top teams.
Grown-up politics means answering difficult questions July 11, 2024 If Starmer is serious about restoring trust he should end the era of client journalism and face up to real scrutiny from people who know what they’re talking about, says Simon Neville “You’re very keen. Would you like to ask a question?” So said the new Chancellor Rachel Reeves at the end of her first [...]