UK plans to create pension mega funds and unlock billions for investment
Reeves said in her speech to finance leaders in central London that the creation of so-called “mega funds” will represent the “biggest pension reform in decades.”
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'At least one of my sites will stop becoming viable': Fears over Budget's 'unintended consequences'
Businesses are counting the cost of the new government's first Budget after a 'torrid' few years. Chancellor Rachel Reeves delivered Labour's first Budget in more than 14 years.
Majorca sending 'wrong message' to UK tourists warns Jet2 boss
UK holidaymakers could be put off visiting popular destinations like Majorca if tourist taxes are increased and “they get the impression” that they’re not wanted there, the boss of Jet2 has warned. The CEO of Jet2.com and Jet2Holidays Steve Heapy has said that measures such as tourist taxes can “send out the wrong message” to holidaymakers.
Markets lookahead: EU GDP and US CPI in focus after stormy week
The US election dominated market trends last week, investors will redirect their focus to economic fundamentals this week. The US Consumer Price Index (CPI) is poised to be a crucial data point influencing market sentiment.
Plans for £10m ‘big Aldi’ in Greater Manchester town thrown out with fears it would cause ‘bedlam’
Plans for a new £10m Aldi supermarket have been rejected after councillors expressed concerns about traffic and road safety. Aldi wanted to build a 1,800 sq ft store on Chorley New Road, close to the notoriously congested Beehive roundabout and Bolton Wanderers’ Toughsheet Stadium.
The next phase of Manchester United's new stadium plans have been revealed
The next phase of exciting plans to re-build Old Trafford stadium and redevelop the surrounding area has been launched, with residents around the stadium being asked for their views
European stocks underperform global peers amid Trump's victory
Despite a broad rebound in European stock markets on Thursday, major benchmarks remained under pressure following Trump's victory in the US election on a weekly basis.