The UK’s pension triple lock has only been in place for 15 years. But it’s done the job it was brought in to do, and now it should be scrapped.
So the prime minister is right to want to change it. Because while it’s been widely treated as politically untouchable, the triple lock is very expensive.
That’s not to say it was unnecessary.
The long-delayed project, which the developer has not yet formally greenlit, would deliver Alaskan gas to Asian markets but take several years to construct.
The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.
Los Angeles Clippers owner Steve Ballmer received a one-year suspension from the NBA after the league found that the franchise had violated salary cap circumvention rules.
Pittsburgh's Hazelwood neighborhood has lost population over the past decade even as investment has grown nearby. AFP via Getty ImagesNeighborhood investments meant to improve housing and opportunity often spark fears of gentrification and displacement.
The country is making its financial system resilient enough to withstand the cutting of undersea lines
Fire services across the UK are now working out how much they can do over the winter to prepare for one of the country’s escalating dangers: wildfires.
Baroness Brown, the chairwoman of the UK’s Climate Change Committee, recently told the BBC that not enough action has been taken, given that the UK is predicted to face longer, drier summers due to global warming.
The Premier League has published the core findings of the independent commission investigating Manchester City Football Club. It finds the club guilty of all charges relating to serious financial breaches across nine seasons, from 2009-10 to 2017-18.
Prime Minister Kyriakos Mitsotakis used Wednesday's cabinet meeting to unveil a new round of support measures on fuel and private debt, while signalling that further relief will come in increments, with any broader intervention requiring Brussels' blessing.
This study applies a Local Linear Forest (LLF) for wage forecasting in France. The LLF outperforms benchmarks such as Random Walk (RW), Ridge Regressions (RR) and Random Forests (RF). We also show that adding foreign predictors (i.e. measures of real activity, price and wage pressures from Germany and Italy) to French economic variables significantly improves wage predictions in France.
