Britain – Weblogspot

Britain will spend $2.5 billion to support jobs

November 16, 2023 by Jamie

Unlock Editors Digest for free FT editor Roula Khalaf picks her favorite stories in this weekly newsletter. UK Chancellor Jeremy Hunt plans to spend an extra £2.5 billion on job support for people with long-term illness and unemployment as part of a wider push to cut welfare bills and boost the workforce. On Thursday, Treasury …

Britain says change in pension funds needed to improve returns

October 25, 2023 by Jamie

Britain’s Chancellor of the Exchequer Jeremy Hunt leaves Downing Street in London, Britain September 13, 2023. REUTERS/Toby Melville/File photo acquire license rights LONDON, Oct 25 (Reuters) – Britain will not force pension funds to consolidate or invest in high-growth companies, but changes must be made to the sector to offer retirees better long-term returns term, …