These can be funded by Gilts, now trading at record-low yields of 0.68pc for ten years, or by ‘project bonds’ to conserve a degree of free-market discipline. The shovels are literally ready at the Hinkley Point nuclear plant in Somerset, though...
Read moreRoot’s 254 down to ‘hurt’ Caused by coach …
Root’s 254 down to ‘hurt’ Caused by coach https://t.co/ QwzcoVtBh2 https://t.co/ca1U6nPq8a – sportmetweets (@sportmetweets) July 28, 2016 Source by sportmetweets
Read moreGPIF the world’s largest pension fund has its worst year since HAD the financial …
GPIF the world’s largest Pension Fund has ADH its worst year since the financial crisis. 🇺🇸 #GPIF #US https://t.co/KfHVvrGT0U via @business – Andrew Duncan (@ andrewsduncan1) July 29, 2016 Source by Andrew Duncan
Read moreBank of England unveils four-pronged stimulus package in bid to avoid Brexit recession
This would see the UK avoid a technical recession, defined as two consecutive quarters of economic decline. Growth in 2017 is now forecast at just 0.8pc, down from a previous forecast of 2.3pc in May. Bank staff calculated that the Brexit vote...
Read moreCould you save your property from #Warrington Pension oblivion? #investment #Pro …
Could you save your property from #Warrington Pension oblivion? #investment #Prop … https://t.co/WuTxp5wavX – Pension Right (@pensionright) July 29, 2016 Source by Pension Right
Read moreInterest rate cut: what should savers do next?
First rate cut in more than seven years means savers have to be smarter with their money “Neither a borrower nor a lender be” — sage advice in Shakespeare’s time, but somewhat out of step with monetary policy today. The lenders and the borrowers...
Read moreCarney’s 'shot in the arm’ to ensure economy thrives in the 'new reality'
“For many of us who thought, what’s the point of cutting rates if it’s not going to get passed on to the real economy, the actions they’ve taken have addressed all those issues. So it’s well thought out and very well calibrated and should have a...
Read more#fintech firm: Pension dashboard can be … Brought to market fast …
#fintech firm: Pension dashboard can be .. . Brought to market fast https://t.co/hxolghHX8U – Pension Right (@pensionright) July 28, 2016 Source by Pension Right
Read moreBank of England interest rate cut widens pension funding gap
The funding gap of British pensions has hit a record high of £945bn after the Bank of England cut interest rates and began a new £70bn quantitative easing programme. The deficit of defined benefit pensions, which pay out an income linked to an...
Read moreSerco raises expectations for trading performance, sending shares to 14-month high
Outsourcing company Serco yesterday saw its share price surge to the highest level in more than a year after reporting a improvement in its trading performance – despite the fact that it admitted that it was unlikely to repeat the success. The...
Read moreWomen Against Inequality @WASPI_Campaign State Pension met in n …
Women Against State Pension Inequality @WASPI_Campaign met in north Wales wk esta https://t.co/GbGZ6gMGkj pic.twitter.com/XXbFHDDnya – UNISON Cymru / Wales (@UNISONWales) July 29, 2016 Source by Gaia Live 1995-2016
Read moreMarkets Live: Thursday, 4th August, 2016
This Markets Live session ended at 12:18 on 4 Aug 2016. Participants in this session were: Paul Murphy and Bryce Elder This is Markets Live, where we try and fill in the gap between now and the Bank of England news at 12 Actually, you’ll need to...
Read more