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surplus

  • Don’t like the OBR? Then stop borrowing so much

    Opinion

    The left and the right have found a common enemy in the OBR, but if governments don’t like having their headroom wiped out by forecasts they should try running a surplus, says Tom Harwood Voices on the left and the right have found an unlikely common enemy in recent weeks: the much maligned Office for [...]

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  • Pension industry backs Reeves’ £160bn investment drive

    Politics

    The pensions industry has said it is willing to back the Chancellor Rachel Reeves’ plans to unlock up to £160bn in corporate surpluses if retirees are given “appropriate protection” by the government.  Reeves and the Prime Minister Keir Starmer are set to meet with business leaders in Canada today to outline pension [...]

    The pensions industry has cautiously welcomed Chancellor Rachel Reeves proposals to unlock up to £60bn in corporate surpluses.

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