INTERNATIONAL BROTHEHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 654 HEALTH AND WELFARE FUND | Search

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Lloyds Banking Group PLC
Lloyds backs fund for local non-profit lenders
...By contrast, CDFIs and credit unions managed more than $150bn in the US in 2019, according to a report by social impact investor Big Society Capital, which is also backing the fund....
March 4, 2024
UK local government finance
Hunt pulls £200mn from councils after clawing back house sale funds
...“There’s ‘no money’, I know, but of course they [central government] take it away from us in local government,” he added....
March 7, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Glencore
Activist demands Glencore move its primary listing from London to Sydney
...“London is no longer the home of mining,” wrote Cleary, who added that Glencore’s progress under chief executive Gary Nagle to lower carbon emissions at its mines would be better recognised by investors...
March 13, 2024
Indian election
In charts: Narendra Modi’s welfare ‘freebies’ offer an election boost
...India, the world’s most populous country, also has some of its most generous welfare schemes — as people such as Shakkar Bai and her extended family of 16 can testify....
April 3, 2024
BBC
MPs hit out at BBC for cutting local radio to fund regional online services
...The report urged the BBC to “refresh” its strategy after finding it was behind schedule with parts of it and had offered no plans to get back on track....
April 16, 2024
UK local elections
UK ‘pothole crisis’ threatens Conservative party ahead of local elections
...An ally of Harper said Labour had no plan to improve transport, adding: “The government has set out our plan to invest the biggest ever increase in funding for local road improvements that we’re getting...
April 16, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
UK politics
Sunak launches crackdown on Britain’s ‘sick note’ culture
...Rishi Sunak will unveil a package of measures to crack down on welfare claimants and what he described as Britain’s “sick note culture” as he attempts to tackle a sharp rise in mental health conditions that...
April 18, 2024
UK government spending
Only 10% of UK levelling up funds spent, say MPs
...It also recognised recent attempts by the department to evaluate the programme’s success but said it was “concerned it has no long-term plans to measure the impacts” of the funds....
March 15, 2024
Andy Haldane
How to stop local government in England becoming a Greek tragedy
...Urban wealth funds would manage those assets on a pooled but local basis....
April 6, 2024
Letter
Letter: No surprise unions back New York State’s debt plan
...Today that takes an average of 10 years. It is no surprise that those who contribute the bulk of pension savings in the US — the trade unions — are fully behind this New York State bill....
March 28, 2024
Moral Money
Apple stand-off tests investor concern over workers’ rights Premium content
...Yet the union membership rate has continued to slide, reaching a record low of 10 per cent of US workers last year....
March 4, 2024
Jennifer Dixon
An election manifesto for the NHS — and a healthy economy
...Ill health swells the welfare bill and is the prime reason why 2.83mn working-age Britons are economically inactive....
April 18, 2024
InterviewWes Streeting
NHS should ‘seek to use’ private healthcare capacity, Wes Streeting says
...The Blair administration also increased the use of private finance initiatives (PFIs) to fund infrastructure projects....
March 24, 2024
Middle Eastern economy
IMF warns of long-lasting economic impact of Gaza war on Middle East
...Israel’s retaliatory offensive in Gaza has devastated the besieged strip while activity in the occupied West Bank has also been severely hit with Israel having banned Palestinian workers from entering Israel...
April 18, 2024
LexBank of Japan
Bank of Japan’s historic shift will boost local lenders Premium content
...Local banks have over $700bn in reserves that are currently paying no interest, according to central bank data. It is not just banks that have piles of idle cash....
March 19, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Autumn Statement
Benefits recipients fear financial squeeze of UK chancellor’s welfare reforms
...But policy analysts say his broader welfare reforms may make little difference to the public finances or to employment but could push people into hardship and make them wary of seeking help....
November 21, 2023
News updates from October 23: China stocks hit lowest level since 2019, Chevron to buy Hess for $53bn
Nearly 7,000 union workers walk out of Stellantis’ ‘moneymaker’ plant
...The union went on strike at Ford’s Kentucky Truck Plant — which is its most profitable — 12 days ago. Fain was on the picket line in Sterling Heights, as workers chanted, “No bucks, no trucks!”...
October 23, 2023
Disrupted Times
Storm clouds gather across Europe
...Japan is having to rethink its business models as the world’s fastest-ageing society runs out of workers....
January 22, 2024
UK society
Fastest rise in UK child poverty for 30 years, data shows
...its welfare policy....
March 21, 2024
LexPensions industry
Local government pension funds are not a quick fix for ailing UK growth
...The Local Government Pension Scheme has more than 6mn members. If it were a single fund, it would rank among the top 10 biggest in the world, with more than £365bn of assets....
March 3, 2024
Oren Cass
Among US conservatives, the dial is finally shifting on welfare
...That’s not welfare of the kind that needed reform. Fortunately, most of American conservatism has moved on....
February 6, 2024
News updates from October 24: Alphabet’s cloud unit misses on sales, UK unemployment rises to 4.2%
Nearly 7,000 union workers walk out of ‘moneymaker’ Stellantis plant
...The United Auto Workers expanded their strike on Monday, with 6,800 workers walking out of Stellantis’s biggest US truck plant....
October 23, 2023
Biotech
Investors pile into psychedelic drug start-ups tackling mental health
...Singapore’s $300bn investment fund Temasek and the venture capital arm of one of Abu Dhabi’s largest sovereign investors, Mubadala, have held talks with biotechs to fund development of psychedelic mental...
February 10, 2024
Hedge funds
US hedge funds far outperformed local rivals in China in 2023
...The influx of local investors came as the global hedge funds reported double-digit returns in one of the world’s worst-performing markets while local asset managers struggled to make ends meet....
January 20, 2024
LexMergers & Acquisitions
Dealmakers beware: US antitrust enforcers wade into workers’ rights Premium content
...Similarly, the FTC contends that as two of the largest employers of union grocery labour in the US, a combined Kroger and Albertsons would have more leverage to impose subpar terms on workers....
March 12, 2024

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