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 unveils finance reforms, ups risk-taking to drive growth
Reeves announced plans to "modernise" the Financial Ombudsman Service, which deals with complaints between consumers and ...
GPs say 'highly contagious' superbug hitting UK is resistant to antibiotics
Most antibiotic resistant infections are in white ethnic groups (89.8%), while Asian or Asian British ethnic groups have the ...
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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 ...
I blame the Church for my brother’s death, says Zimbabwean sister of UK child abuser's victim
The sister of a 16-year-old boy who drowned while swimming naked at a Christian holiday camp in Zimbabwe run by child abuser ...
UK regular pay grows at slowest pace in two years, pointing to lower inflation
British wage growth excluding bonuses fell in the third quarter to its lowest in over two years, official data showed on ...
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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
Since winning the general election in July, the Labour government has scrapped Conservative plans to deport asylum seekers to Rwanda, and closed the Bibby Stockholm barge where several hundred ...
UK Supreme Court's bad faith trademark ruling opens doors to more challenges, lawyers say
British TV company Sky applied for overly broad trademarks over its name in bad faith, the United Kingdom's Supreme Court ...
UK Scrutinizes How Private Credit Lenders Value Their Holdings
The UK’s Financial Conduct Authority has been questioning top private credit managers about how they assess the worth of ...
Yorkshire blood nurse named UK's best
A haemophilia nurse from South Yorkshire has been named the best in the country. Cathy Harrison, an advanced nurse ...
UK's Starmer sets out new 2035 climate goal
Prime Minister Keir Starmer said Britain would cut greenhouse gas emissions by 81% by 2035 as he committed the country to a ...
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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 .