UK set to create new pension megafunds with aim of unlocking $100 billion for investment
British Treasury chief Rachel Reeves is set to announce plans later Thursday to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.'s sub-par economic growth.
'New pension megafunds plan will unlock billions for investment in infrastructure,' says Labour Minister
The UK Government plans to create pension megafunds that could unlock billions of pounds for infrastructure investment, Pensions Minister Emma Reynolds has told GB News. The initiative aims to consolidate existing pension schemes into larger funds capable of making substantial investments in major projects across Britain.
Chancellor to create pension 'megafunds' to drive economic growth - here's how it would work
A government plan to use people's pension savings to boost economic growth has broad public support, new research reveals. Do YOU think it's a good idea - take our poll.
Pension 'megafunds' to be created to boost investment and economic growth
Pension "megafunds" are set to be created to help unlock billions of pounds of investment in businesses and infrastructure. Rachel Reeves will use her first Mansion House speech as Chancellor to outline the pensions shake-up.
UK Government Launches Pension Megafunds to Boost Economic Growth and Infrastructure
The UK government is set to implement major reforms in the pension sector by consolidating assets into “pension megafunds,” aimed at unlocking investment for critical infrastructure and fast-growing businesses.
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UK Bishops Continue to Speak Out After Release of Assisted-Suicide Bill Text
U.K. Catholics are encouraged to contact their members of Parliament and pray for the defeat of the bill in obedience to ...
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UK must keep trade open and EU close in fragmenting world, Bank of England's Bailey says
Bailey says open trade vital to boost weak investment Brexit contributed to weakening of UK trade flows, he adds 'We must .
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UK government announces ban on new coal mines
LONDON: The UK announced on Thursday (Nov 14) that it will introduce legislation to ban new coal mines, as the Labour ...
UK made bad decisions in buying ex-prison to house asylum seekers, says report
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UK regular pay grows at slowest pace in two years, pointing to lower inflation
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'I need answers': Mother pleads for details after son's death at UK Hospital
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Keir Starmer tells COP29 there will be new 'ambitious' climate target for UK
The prime minister confirms the UK's target to reduce greenhouse gases by at least 81% on 1990 levels by 2035.
UK Scrutinizes How Private Credit Lenders Value Their Holdings
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1.1 Million UK NHS Employee Records Exposed From Microsoft Power Pages Misconfiguration
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UK watchdog urges Supreme Court to act as $21 billion motor finance scandal looms
Britain's Financial Conduct Authority is pressing the Supreme Court to expedite a decision to permit lenders to appeal a ...