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Andrew Verity
BBC economics correspondent. Should mean I'm corresponding with everyone. If you know something others should know, get in touch. Views mine: facts, everyone's.
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Andrew Verity retweeted
Alan Higham May 27
a real interest rate rise without a bigger fall in pension asset investment would be a handy remedy for deficits.
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Andrew Verity May 27
Brexit is forecast to push up interest rates.That's good for pensioners, said Ros Altmann-before becoming minister:
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Andrew Verity retweeted
Mick McAteer May 27
indeed-recently the pensions minister was complaining about low rates harming pensions
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Andrew Verity May 27
nothing to do with wishes. Economic downturn might hit asset prices temporarily, but higher int. rates ease deficits
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Andrew Verity May 27
pensions don't go up and down with the economy, but with asset prices and 15-year interest rates
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Andrew Verity May 27
simply not true
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Andrew Verity May 27
Credible forecasts say Brexit will hit the economy. It does not follow that it will hit pensions; it may well make them cheaper.
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Andrew Verity retweeted
Property Matters May 27
An analysis of data shows 40,000 properties across London are owned by offshore companies, an increase of 9% over the past 10 months.
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Andrew Verity May 27
Pension schemes like Tata's work out funding required based on 15-yr interest rates. The higher the rate, the less funding is needed now
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Andrew Verity May 27
if as forecasts predict Brexit pushes up interest rates that will make final salary schemes like Bhs and Tata more affordable
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Andrew Verity retweeted
steve hawkes May 26
Asked about a Brexit, Angela Merkel tells German press here at the G7 in Japan. "It wasn't a point in the discussions."
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Andrew Verity May 25
this was a theme tune from a film about world war 2. Perhaps save accusations of bias for something more substantial.
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Andrew Verity May 25
Erm, Nigel Farage chose to play The Great Escape. Remind me when it was set?
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Andrew Verity retweeted
The CBI May 24
We can help the economy and cut crime if firms employ ex-offenders, tells
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Andrew Verity retweeted
David Enrich May 24
Banks could be on the hook for billions of dollars in additional payments for rigging.
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Andrew Verity May 24
Central government spent £685.6 billion; roughly the same as in the previous financial year (ONS). Austerity for some - spending for others
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Andrew Verity May 24
For all the talk of cuts, public sector borrowing fell just 17% in the last financial year - much of that due to higher tax receipts
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Andrew Verity May 24
The Chancellor borrowed £76bn in 2015/16 - £4bn more than was predicted as recently as March (2nd estimate just published by ONS)
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Andrew Verity retweeted
Ninja Economics May 22
The same 900 surnames appear in Florentine tax data from 1427 and 2011.
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Andrew Verity May 19
great angle. If they were to lose indexation, though, wouldn't they lose more than 10% of the value of the pension?
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