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Britain's Starmer to announce growth-boosting pension reform plans


//business-finance.news-articles.net/content/202 .. nounce-growth-boosting-pension-reform-plans.html
Published in Business and Finance on Monday, January 27th 2025 at 19:20 GMT by Reuters   Print publication without navigation

  • British Prime Minister Keir Starmer and finance minister Rachel Reeves will meet business leaders on Tuesday to announce pension sector reforms that they hope will boost economic growth and investment.

British opposition leader Keir Starmer is set to unveil plans aimed at boosting economic growth through pension reform in 2025. The Labour Party, led by Starmer, is focusing on enhancing the UK's pension system to ensure it supports economic growth while providing better returns for savers. The proposed reforms include increasing investment in high-growth sectors like technology and green energy, potentially through changes to pension fund regulations to encourage more risk-taking and long-term investment. This initiative comes as part of Labour's broader strategy to address economic stagnation and improve the financial security of retirees, amidst criticisms of the current government's handling of the economy and pension policies.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/uk/britains-starmer-announce-growth-boosting-pension-reform-plans-2025-01-28/ ]

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