jeep Posted November 14 Posted November 14 20 minutes ago, Tonge moor green jacket said: It isn't 8/12 years on. Check your maths. At least base your usual obtuse, sarcastic comments on reality. 8 years 5 months, July 2016... Quote
Site Supporter Cheese Posted November 14 Site Supporter Posted November 14 51 minutes ago, Tonge moor green jacket said: It isn't 8/12 years on. Check your maths. At least base your usual obtuse, sarcastic comments on reality. Surely 5 years is enough time to come up with something? Quote
Sweep Posted November 14 Posted November 14 2 hours ago, BobyBrno said: Looks like she will. https://www.bbc.co.uk/news/articles/c4gve4d8jljo Blimey, is have thought that's a bit of a risky strategy, let's hope it pays off Quote
Traf Posted November 14 Posted November 14 Chancellor Rachel Reeves is planning what she calls the "biggest pension reform in decades" in an attempt to boost economic growth. The government wants to merge the UK's 86 council pension schemes and spend the proceeds on Bitcoin. Quote
Moderators Casino Posted November 14 Moderators Posted November 14 1 hour ago, Sweep said: Blimey, is have thought that's a bit of a risky strategy, let's hope it pays off what do you think is risky? im sick of hearing how canadian pension funds own half the fucking UK Quote
tomski Posted November 14 Posted November 14 (edited) 33 minutes ago, Casino said: what do you think is risky? im sick of hearing how canadian pension funds own half the fucking UK I assume that crypto is incredibly turbulent and still an element of unknown. Clearly winners in it but I suspect plenty of losers. Apologies I thought it was in response to the crypto shout. Edited November 14 by tomski Quote
Moderators Casino Posted November 14 Moderators Posted November 14 1 hour ago, tomski said: I assume that crypto is incredibly turbulent and still an element of unknown. Clearly winners in it but I suspect plenty of losers. Apologies I thought it was in response to the crypto shout. Quote
Ani Posted November 14 Posted November 14 4 hours ago, Sweep said: Blimey, is have thought that's a bit of a risky strategy, let's hope it pays off new pension “mega funds” will not be obliged to invest in UK businesses or infrastructure. - That is a quote from the article Boby linked to. Just to be clear there is no obligation on the investment to be UK based, clearly Govt will hope they will and I daresay there will incentives to do so. At the moment Pensions have to keep £bns in cash or very safe funds, the idea is to increase the % that is actively managed, over time this will lead to better returns. Blips along the way but same with any investment. At the very least it will free up money that is currently tied up. Clearly if they invest in racehorses, HS2 and football clubs might come back to bite us. But in the City we do have the leading Investment businesses in the world so is a sound idea. Previous Govt was planning to do this but got caught up with Brexit, three word slogans , holding parties and lying to Parliament. Quote
Site Supporter Cheese Posted November 15 Site Supporter Posted November 15 On 14/11/2024 at 08:56, Tonge moor green jacket said: It isn't 8/12 years on. Check your maths. At least base your usual obtuse, sarcastic comments on reality. On 14/11/2024 at 09:48, Cheese said: Surely 5 years is enough time to come up with something? Quote
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