Michael Bow

1 week ago | msn.com | Louis Goss |Michael Bow

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

1 week ago | msn.com | Louis Goss |Michael Bow

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

1 week ago | telegraph.co.uk | Louis Goss |Michael Bow

Taxpayers have suffered a £10.5bn loss on the bailout of NatWest after the Government sold its last shares in the bank. The Treasury announced on Friday that it had officially offloaded its remaining stake 17 years after it was forced to pump £45.5bn into what was then Royal Bank of Scotland to stave off collapse. The government under former Labour prime minister Gordon Brown took an 84pc stake in the lender following a series of bailouts between 2008 and 2009.

3 weeks ago | telegraph.co.uk | Szu Ping Chan |Michael Bow

The original Mansion House agreement, spearheaded in 2023 by Ms Reeves's predecessor Jeremy Hunt, aimed to boost growth by pledging a minimum 5pc of workplace pension savings into privately-owned companies by 2030. In a thinly veiled jibe at the Government's plans, Chirantan Barua, Scottish Widows' chief executive, said that the need to buy British assets was the primary reason it refused to sign the updated accord.

3 weeks ago | telegraph.co.uk | Michael Bow

British pensioners will be worse off if Rachel Reeves strong-arms retirement funds to invest more into the UK, an investment executive has warned. Benoit Hudon, the chief executive of Mercer UK, said pressuring fund managers to plough pensioners' savings into unlisted UK assets could backfire because they may deliver worse investment returns than rival opportunities abroad.