Forcing the UK’s sprawling local government pension schemes (LGPS) to merge into a single “sovereign wealth fund” could unlock £40bn worth of investment for British infrastructure projects, a top pension …
Estate Planning
And another! EY upgrades forecasts for UK economy
The UK received another upgrade on the back of its strong performance in the first half of the year, with EY the latest firm to bump up forecasts for the …
‘Ugly duckling’ Ruffer sticks by market crash predictions
The £1bn “ugly duckling” Ruffer Investment Company has reported a tough year after making wrong calls about the path of the economy, but analysts hope that the long-term bets made …
The Notebook: Too many people are leaving the UK workforce. Here’s how to help
Where the City’s movers and shakers have their say. Today, James Reed, CEO of Reed, takes the pen to talk about the UK workforce and how Labour can help lower …
Home REIT sister fund calls in investment manager to lead rescue effort
A Home REIT sister fund facing an investigation by the City regulator has called in a new investment manager to try and save it from collapse and salvage tens of …
The Crowdstrike disaster was bound to happen. The cloud is a chokepoint in our interconnected world
Last week, Crowdstrike caused a global tech meltdown due to a botched software rollout. The incident should be seen as a dry run for the next time someone throws a …
Make no mistake, tax rises are on the way
Evidence is piling up that Chancellor Rachel Reeves will almost certainly be forced to raise taxes this autumn, Chris Dorrell writes There was one issue that attracted more attention than …
Luxury faces a reckoning: What do Gucci, Burberry and LVMH need to do to survive?
The post-pandemic luxury market was unstoppable. Record profits driven by China’s reopening and the revenge-on-lockdown ‘urge to splurge’ sent profits at all the major luxury brands to unbelievable highs. Briefly, …
Explainer: Why has an iron curtain been erected in central Paris?
Olympic security has barricaded central Paris off to all but a few residents. Has it all gone too far? It’s like a crime scene. Metal fences have been erected, paths …
Renationalisation won’t get our railways back on track
Slow, crowded and expensive, there’s no doubt our railways need a major overhaul – but it’s far from clear that Great British Railways is the answer, says Emma Revell One …