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Showing 31 - 40 of 80 results for "UK Government"

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... reserves, at £20 billion. The Committee voted by a majority of 8-1... to continue with its existing programme of UK government bond purchases... maintaining the target for the stock of these government bond purchases at £875 billion and so the ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... Policy Committee meeting ending on 5 May 2021" document is the paragraph: "The existing programme of £150 billion of UK government bond purchases had started in January and its completion was expected by around the end of 2021. As envisaged since the ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... £20 billion. The Committee voted unanimously for the Bank of England to continue with its existing programme of UK government bond purchases, financed by the issuance of central bank reserves, maintaining the target for the stock of these government ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
Sunsuper and QSuper will merge later this year, with the two funds naming the key executives and board directors to lead the $200 billion entity. The two funds have signed a Heads of Agreement to merge by September this year, a decision that is supported ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
Multiplying rates of coronavirus infections forced the UK government to impose strict lockdown measures, giving "bobbies" power to fine people leaving their homes for "non-essential" reasons on March 23. These restrictions were then gradually eased ...

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
The COVID-19 pandemic would have served Australia's GDP a 0.9% blow if it hadn't been for the government's $17.6 billion economic stimulus package, according to research released today by KPMG. The 0.9% near miss would amount to a $17 billion ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... on ice since it lifted it by 25 bps to 0.75% this time last year while at the same time maintaining "the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion". The BOE is now expected to cut interest ...

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... concerns the market for financial advice in the UK was not working well for all consumers. It sought to explore how the UK government, industry and regulators could stimulate the market for universal affordable and accessible financial advice and guidance. ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
... will allow them to meet their pension provisions without having to hang on to enormous pension liabilities, the UK government said. The new scheme was proposed last year after the UK's Communication Workers Union (CWU) reached a deal with Royal Mail ...

UK pension funds to be hit hard over negligence

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
The UK Government wants to up the ante on pension fund bosses who endanger worker's retirement savings. Under a new proposal from the UK Government, bosses would face up to seven years in jail for endangering the retirement savings of their workers ...