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...She added: “This is where the disquiet comes in for trustees — and their advisers too.”...
...Elyn Corfield, chief executive of Lloyds’ business and commercial bank, said she was “delighted to support the CDFI sector to back local businesses, with a focus on deprived areas, and ensure they have access...
...The chancellor’s decision to end a policy of letting local authorities keep 100 per cent of the revenues from sales of council homes was taken as part of the deliberations for his Budget on Wednesday....
...EU performance and safety directives....
...The FOI request, made by local government researcher Jack Shaw, found the bulk of that sum had been spent in 2021 and 2022....
...Health inspectors at Dover, the UK’s busiest port, have warned they are facing a 70 per cent cut in central government funding that will pose a risk to British food safety and animal health....
...Together, Goldman said the 12 areas accounted for 22 per cent of China’s fixed-asset investment and 18 per cent of gross domestic product last year....
...But the high-profile safety lapse revived concerns about safety after twin crashes of two 737 Max 8s in 2018 and 2019 that killed a combined 346 people....
...Just 10 per cent of the money intended to regenerate local areas in the UK under the government’s levelling up programme has been spent so far, a parliamentary spending watchdog has warned....
...Trustees need to be telling advisers what to do, rather than the other way around. Rory Murphy Chair of Trustees Merchant Navy Officers Pension Fund West Sussex, UK...
...At a meeting held last month, the firm proposed to its board of trustees for Pimco Funds that it consider converting its $141mn Mortgage-Backed Securities Fund from a mutual fund into an ETF, the filing...
...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...
...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....
...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....
...The RCN union warned in a letter to the health secretary on Thursday that the drop was a “direct threat” to patient safety and could make the ambitions set out in the NHS long-term workforce plan unattainable...
...Vaccination rates in the UK had been falling below the safety thresholds set by the World Health Organization, the report warned, threatening the UK’s defences against future outbreaks of dangerous childhood...
...The experts found that “many Boeing employees did not demonstrate knowledge of Boeing’s enterprise-wide safety culture efforts, nor its purpose and procedures”....
...Trustees of UK pension schemes would be prevented from taking “overly risky” decisions after government plans to ease employers’ access to billions of pounds in pension fund surpluses, ministers said....
...The European Fund and Asset Management Association said that around 40 per cent of daily foreign exchange deals would be shut out of the main platform for reconciling currency trades when the US moves from...
...Hunt promised £165mn to fund extra capacity for children’s social care placements, the costs of which are currently crippling some local authorities and significantly contributing towards budget overspends...
...The Local Government Association welcomed a one-year extension to the housing support fund that helps people struggling to make ends meet....
...Boeing has withdrawn a request for a safety exemption for a new version of its 737 Max jet that would have expedited its approval, raising questions over when the plane will enter service....
...That’s a challenge for business schools, where technology is one of the most essential areas of focus....
...“My recommendation to the FAA is to not grant the exemption,” said John Cox, a retired pilot and chief executive of consultancy Safety Operating Systems....
...Stars of the boom time, such as the US’s Carbon Health, tell an all too common story. In 2021, it was buoyed by funds from the likes of Blackstone Horizon and big ambitions in US primary healthcare....
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