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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 housing department said: “Where developers and freeholders have profited from unsafe buildings, we will use powers in the landmark Building Safety Act to recover funds . . ....
...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....
...Boeing chief executive Dave Calhoun is to step down at the end of the year as the US aircraft manufacturer struggles to contain a crisis over its safety standards following the mid-flight blowout of a door...
...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....
...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...
...Between 2021 and 2023, 423 new condo units were built in the area, up from 190 built between 2018 and 2020, according to Serhant, a local agent....
...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....
...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....
...Local banks already have a strong local retail investor base that relies on bank dividends as a source of stable income....
...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...
...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....
...The experts found that “many Boeing employees did not demonstrate knowledge of Boeing’s enterprise-wide safety culture efforts, nor its purpose and procedures”....
...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...
...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....
...Yet it has withstood the shock of the war in Gaza, one of the most cataclysmic events in the Middle East’s recent history — in fact it has proved a fortuitous but essential safety valve that has spared the...
...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....
...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...
...The survey also found 48 per cent of respondents supported tax rises to fund increased health spending....
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