Shadow Chancellor wants to overturn lifetime allowance abolition
Canada Life says you cannot ‘play political ping pong with the pensions system’
Government
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Chancellor unveils 12 ‘potential Canary Wharf’ investment zones
May create opportunities for real estate and infrastructure investors to tap into
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FCA takes industry’s temperature on Priips replacement
‘The current rules make it very difficult for consumers to get the information they need’
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10% drop rule ripped up by government
‘Detrimental’ regulation abolished as part of chancellor’s Edinburgh reforms
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Edinburgh reforms herald mammoth financial services shake up
30 changes to financial regulation outlined, including to ring-fencing rules and repealing EU laws
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Hope for stability as Rishi Sunak named prime minister
Sterling and bond markets ticked up on news of his victory in the Tory leadership race
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UK hit with another negative outlook rating
Moody’s joins Fitch and S&P in downgrading the UK’s outlook from ‘stable’ to ‘negative’
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Sterling breathes ‘sigh of relief’ as Sunak and Mordaunt race for No 10
After Boris Johnson announced he would not stand
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Cautious optimism follows Liz Truss resignation
Markets have hinted at a brighter future as the PM steps down but the race to replace her is just getting started
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Credibility issues put bond investors off UK
JP Morgan AM and Jupiter managers among those reluctant to tap into climbing gilt yields
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Somerset CEO leaves to take up government post
Dominic Johnson will once again work alongside the firm’s co-founder Jacob Rees-Mogg
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BNY Mellon names government adviser as chief economist
Shamik Dhar joins from the Foreign and Commonwealth Office
