Bank unveils £75bn quantitative easing plan
The Bank of England has cut interest rates for the sixth consecutive month today, reaching a new record low of just 0.5%.
It then revealed it would expand the amount of money in the UK economy by £75bn, via a process known as quantitative easing, in an attempt to boost bank lending. The UK has never implemented a plan of...
More on Investment
RPMI Railpen backs Greencoat for energy plant acquisition
Asset manager Greencoat Capital has acquired the Lincolnshire-based Sleaford Renewable Energy Plant with funds from RPMI Railpen and Greencoat Renewable Income and commitments from UK corporate and Local Government Pension Scheme funds.
Transaction costs tally up to 37% of pension investment costs
Over a third of investment costs faced by pension savers come from transactions, according to the latest annual research from Caceis.
USS announces divestment from weapons, coal, and tobacco
Universities Superannuation Scheme (USS) will divest from tobacco, coal, and controversial weapons manufacturers following “years of demand” from members and recent protests on its overall commitment to climate action.
Market Movers Blog: Half of emergency Covid-19 business loans face non-payment
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....
