Equity lifeboat experiences significant outflows despite positive market sentiment, indicating a leak in the system. This news comes amidst improving market conditions, raising concerns about the sustainability of the current trend. Investors are closely monitoring the situation for potential impact on their portfolios.
Source link
Labour unveils disability benefits reforms that aim to save over £5bn
In the Unlock the Editor’s Digest for free, Sir Keir Starmer's government has proposed reforms to disability benefits to save over £5bn annually by 2030, causing backlash within Labour due to concerns of targeting the poorest. The changes include tightening eligibility for personal independence payments and introducing a new insurance system for job loss. These measures are part of Labour's efforts to find savings before the Spring Statement, with projections indicating a reduced fiscal room...
Read more