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Private investors have seen the value of the gilt holdings fall by??2.8billion, or 38% since prices started to fall in summer 2020
1+ hour, 11+ min ago (547+ words) Over the same period UK pension funds and insurance companies have seen an estimated £267.7billion wiped off the capital value of the £704.5billion they held in gilts. Prices for gilts have taken another tumble this year partly because of inflation caused by…...
Labour promises compulsory employer KiwiSaver contributions, rising to 6%
5+ hour, 52+ min ago (537+ words) Labour wants to make employer contributions to KiwiSaver compulsory, rising to 6%, extend employer contributions to workers over 65, make the default employee contribution rate at 4%, as well as removing the minimum contribution rate. Labour leader Chris Hipkins is also promising to…...
Surging bond yields presage pain—and not just for bond investors
3+ hour, 5+ min ago (709+ words) | Business News Hindustan Times...
GLP-1 drugs reshape NZ economy before AI
11+ hour, 31+ min ago (290+ words) The consumer shift is not subtle. People on these drugs consume roughly 20% fewer calories and spend about 30% less on groceries. A Cornell University study from January 2026 found households cut grocery spending by about 5% within six months, with the sharpest cuts…...
India-EU FTA Deal Opens Door For 1 Lakh Car Imports At Lower Tariff In First Year
1+ hour, 58+ min ago (740+ words) The India-EU free trade agreement will allow European Union carmakers to export up to 1 lakh passenger vehicles a year to India initially at concessional import duties, with the quota rising gradually to 1.6 lakh vehicles from the 10th year, according to the…...
Can India???s new premium grocers succeed where others failed?
1+ hour, 48+ min ago (342+ words) Chennai: Krishna Kumar’s morning routine begins with yoga and meditation at 5.30am, followed by high-protein yogurt with no-sugar granola, Blue Tokai coffee and a light breakfast accompanied by cut fruits or fresh juice. Almost all the food is sourced from FirstClub,…...
'Complex' new holiday pay rule for UK workers in force now
7+ hour, 44+ min ago (1052+ words) British businesses may be grappling with a fresh "onerous responsibility" concerning holiday entitlement and pay compliance, it has emerged this week. The challenge stems from the Government's April 6 launch of the Fair Work Agency alongside updated regulations, according to business…...
Rising oil prices create 'huge worry' as winter looms
3+ hour, 9+ min ago (1013+ words) Cheryl Cottle-Hunkin said uncertainty was one of the biggest concerns for rural residents Thousands of households who rely on heating oil could face a fresh squeeze on their finances this winter as global tensions continue to push up fuel prices,…...
Net zero and diversity rules mean businesses 'might as well be agents of the sta
1+ hour, 11+ min ago (295+ words) British businesses are now hit with so much political interference that they might as well be “agents of the state”, according to a hard-hitting analysis. The country is in the grip of “command capitalism” in which businesses remain privately owned…...
France Speeds Up Cherbourg–Mouguerre Rail Motorway Upgrades
1+ hour, 26+ min ago (873+ words) France’s Cherbourg–Mouguerre rail motorway project enters a critical works phase, with tunnel and line upgrades advancing toward a 2027 full‑capacity freight launch. France’s planned Cherbourg–Mouguerre rail motorway is moving into a decisive construction phase, as extensive upgrades along…...