Equity lifeboat springs a leak: Highest outflows amid improving sentiment | News on Markets

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...

Starlink, the satellite internet service by SpaceX, is now accessible at the White House campus, part of Elon Musk's efforts to improve Wi-Fi connectivity in government buildings. Installation of Starlink was overseen by a security engineer working with Musk's companies, sparking concerns about conflicts of interest but was deemed not a security breach. Starlink has been set up at various government properties, including the General Services Administration, as Musk continues to modernize technology in federal...

New federal data shows that the difference in increased pay between staying at a job versus changing roles for a higher salary has decreased to its lowest level in a decade, with a wage growth survey revealing only a slight difference in salary increases. The U.S. Labor Department reports that more Americans are opting to stay in their current jobs due to difficulty in finding comparable positions and the perception of employers having more bargaining...

Downing Street expects a coalition of over 30 countries to help secure peace in Ukraine, with UK, France, and Australia willing to send troops contingent on US support. G7 foreign ministers are preparing to escalate pressure on Russia, including further sanctions and seizing assets, while UK officials are discussing a potential multinational peacekeeping force involving up to 30,000 troops. European nations, Australia, Canada, and New Zealand are considering various contributions, with discussions ongoing regarding rules...

Twenty investment trusts, including City of London Investment Trust, Bankers Investment Trust, and Alliance Witan, have increased dividends for over two decades, with three trusts extending this record to 58 consecutive years. The newest addition to the list is the Murray International Trust, with 20 years of dividend growth. Investment trusts' unique structure allows them to hold back income in a dividend reserve, making them attractive to income-focused investors, especially during periods of market volatility....

Entrepreneur contributor launches own golf media brand, Rainmakers Golf Club, after feeling unfulfilled in previous role despite success. Offering relatable content and unique 3-hole challenge, the brand differentiates itself by leveraging relationships with PGA players, top teachers, and golf brands. With early success, securing partnerships and clients, Rainmakers is poised for growth, focusing on building an engaging and inspiring brand for golfers. Full Article