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Public sector unions take government to court over pension reform

Judicial review sought over alleged breach of 2015 law, claiming cost benefits should go to scheme members




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Suspended UK pension contributions could total £1bn

FT survey estimates that 1 in 10 employers with defined benefit schemes may look to suspend payments




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Five ways to protect your post-pandemic pension pot

How will your retirement finances change BC and AC — before and after coronavirus?




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Westminster loses battle over pension fund investments

Court rules government guidance that bans boycotts against foreign countries is unlawful




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UK pension trustees urged to watch for dividends and ‘excessive’ bonuses

Industry regulator calls for vigilance over actions of employers during pandemic




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Australia’s biggest pension fund says investors will withdraw billions

Executive points to ‘heaps of liquidity’ as members get access to cash due to coronavirus




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US state pension system hit hard by coronavirus pandemic

Sharp falls across financial markets in March have caused large drop in aggregate funded ratio




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Last Hope Island by Lynne Olson — the other Allies

The men and women from occupied Europe who helped defeat Hitler




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Imperial foxtrot: my brush with Japanese royalty

Jurek Martin recalls unlikely encounters with an ancient dynasty, from dance floor to tennis court




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Ross Perot, businessman and politician, 1930-2019

His 19% in 1992 was best result for independent presidential candidate in 80 years




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Washington diary: falling under the Nationals’ spell

The baseball team’s victory in the World Series reflects the city’s wider resurgence




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Retailers under pressure to close online operations

Yoox-Net-a-Porter and Paul Smith join list of brands that have suspended ecommerce sales




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Recession pushes Hong Kong shoppers to sell their luxury goods

Consumers seeking quick cash unload designer bags, jewellery and luxury watches




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Pets at Home sales benefit from surge in demand

Essential retailer says coronavirus uncertainty means it will not give guidance for year ahead




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Lockdowns lower personal grooming standards, says Unilever

Homeworking prompts decline in demand for consumer group’s skin and haircare products




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The pandemic is yet to dampen demand for luxury goods resales

If anything, it’s only made the most coveted more sought after, as online sellers adapt to cater for their clientele.




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JPMorgan among new backers for paperless voting fintech

Proxymity raises $20m in spinout from Citigroup as shareholder meetings go virtual




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Europe’s banks face a test of resilience

Since their peak almost a month ago, European banks indices have plunged 40 per cent




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European countries ban short selling after markets plunge

‘We are ready to go further,’ says French minister after issuing temporary prohibitions




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Trade volumes spike at exchanges across Europe

Coronavirus-linked turmoil draws many investors out into the open




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Global stocks end higher on hopes of oil price war truce

Energy sector leads US S&P 500 to 2.3% gain   




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US stocks in sharp late rally on hopes virus is slowing

S&P 500 surges 7% after coronavirus shows signs of peaking in continental Europe




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US stocks rise on hopes outbreak could be nearing peak

Asia-Pacific indices broadly higher after S&P 500 closes up 3.4%




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On front-loading economic Covid-19 underperformance

Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.




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Slowing coronavirus spread calms US and European markets

Volatility gauges for both regions show sharp falls from historic highs in March




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Women in construction need on-site experience to build their careers

Targets to include more women mean little without cultural change in the industry




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Europe’s construction activity collapses as lockdown hits builders

Coronavirus damage to economy drives eurozone investor sentiment to a record low




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Life in Europe’s coronavirus hotspots

Miles Johnson and Daniel Dombey discuss the lockdowns in Italy and Spain




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Politics and perils of running the WHO

Gro Harlem Brundtland on lessons of SARS and how to handle a pandemic




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Mexico’s Pemex: from cash cow to resource drain

President’s pet project holds line on output growth despite oil crisis and mammoth losses




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US stocks look set to continue their outperformance

It is the deepest, broadest, most liquid market for larger global businesses




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Gas suppliers follow EDF’s 5 per cent price cut

First big energy supplier to pass on lower wholesale costs




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Top US pension plans eye private credit

Move to capitalise on dislocations across market stemming from coronavirus pandemic




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Pension Regulator urged to abandon funding review

Covid-19 pandemic increases problems for retirement schemes already in deficit




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Learning about money and rich people’s problems

Covert and overt ways to interest children in learning about money




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Bonus restrictions hamper City mortgage borrowers

Lenders reluctant to count payments as affordability checks tighten




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Pearson’s latest profit warning is a teachable moment

UK-based education company is still more value trap than takeover candidate




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European stocks edge lower while oil climbs

Pound dips following UK chancellor’s hard Brexit remarks




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European regulators intervene in bid to stabilise markets

Spanish and Italian bans on short selling follow US Federal Reserve’s liquidity injection




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Mexico’s Pemex in deep water as debt outlook worsens

State-owned oil group faces risk of further rating downgrades and grapples with output woes




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What do children spend their pocket money on?

In our increasingly cashless society, parents are turning to apps and payment cards designed for youngsters




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Penalties slashed on Lifetime Isa withdrawals

Treasury reduces charge for removing cash from tax-free accounts for under-40s




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Coronavirus: US fatalities slow but total tops 37,000 — as it happened

A live blog from FT.com

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Coronavirus: US death toll nears 40,000 — as it happened

Italy to lay out strategy this week on its plans to ease Covid-19 restrictions. Global stocks under pressure as oil tumbles again. England and Wales record 75 per cent more weekly overall deaths than normal.

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Coronavirus: US death toll tops 42,000 — as it happened

Number of global cases of Covid-19 nears 2.5m, international oil prices tumble to lowest levels since the 1990s, Heineken hit as pandemic cuts into beer drinking globally.

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Coronavirus: Congress passes $484bn interim stimulus package — as it happened

US job gains since financial crisis wiped out. Switzerland faces sharpest economic contraction since 1974. UK and eurozone business activity hit by historic collapse this month as lockdowns choked Europe’s biggest economies.

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Coronavirus: US business leaders call for co-ordinated approach — as it happened

The number of US deaths attributed to Covid-19 surpassed 45,000 on Friday, while the rate of new cases remained flat

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Coronavirus: US death toll approaches 50,000 — as it happened

British fatalities rise by 813 with almost 150,000 infected; Spain prepares to ease restrictions slightly as daily deaths remain below 400

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Coronavirus: Small business loan scheme capped for US banks — as it happened

In today’s news: UK warns it would be ‘irresponsible’ to discuss easing lockdown. Spain sets out plan to lift its own tough measures. Donald Trump signals a halt to his daily media briefings as US death toll accelerates.

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Coronavirus: Trump makes new push to expand US testing — as it happened

New daily cases of Covid-19 around the globe rose by the lowest amount in 12 days as 73,858 diagnoses were confirmed on Sunday, bringing the total to 2.93m

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