The government is urging City firms to encourage wealthy clients to donate money to charities. Market-based finance is causing concerns for the Bank of England. Jeremy Hunt has been warned against cutting taxes without a spending review. Good morning! I hope you all survived the cold weather yesterday and are warm enough to read today’s MFS U.K. newsletter. The Treasury is pushing for more wealthy individuals to support struggling charities, while the Bank of England is calling for more research on the risks of shadow banking. Jeremy Hunt is facing pressure to cut taxes, but experts warn against it without a spending review. Stay warm and enjoy today’s news from MFS U.K.!
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Government eyes City as conduit for philanthropy – POLITICO
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