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      BP shares down: What is going on at the oil giant?

      BP said it expects gas marketing and trading to be "weak" in the first three months of 2025.

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      ‘Crown jewel’ of Olympic Games memorabilia put up for sale at auction

      Silver medal from the first Olympic Games in Athens 1896, Greece, displayed in an ornate presentation box.

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PLSA

  • Mercer: Pension funds need better pick of UK investments for key deal to work

    Investing

    The government’s proposed pensions deal will not boost growth unless better UK investment opportunities are put on offer, the boss of one of Britain’s biggest funds has warned. In an interview with City AM, Benoit Hudon suggested a stronger pipeline of UK assets was needed as current options did not deliver good enough returns for [...]

    Rachel Reeves stock market push will hand the City a hefty bill.
  • Pension industry backs Reeves’ £160bn investment drive

    Politics

    The pensions industry has said it is willing to back the Chancellor Rachel Reeves’ plans to unlock up to £160bn in corporate surpluses if retirees are given “appropriate protection” by the government.  Reeves and the Prime Minister Keir Starmer are set to meet with business leaders in the City of London today to outline pension [...]

    The pensions industry has cautiously welcomed Chancellor Rachel Reeves proposals to unlock up to £60bn in corporate surpluses.

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