- Reuters
Investors rush to grab piece of $1.8 trillion UK pensions pie
Hedge fund Davidson Kempner and asset manager M&G are racing to be among the first firms to inject capital to boost Britain's 1.4 trillion pound ($1.77 trillion) pension sector, industry sources say. In a so-called "capital-backed journey plan", investors provide a pension scheme with extra capital, in return for any investment returns above an agreed level after a set number of years. There has only been one such deal so far, but the market is seen heating up as an alternative to a bulk annuity, which involves the transfer of a pension scheme to an insurer.
- The Independent
Post Office Inquiry – live: Paula Vennells refuses to say she is responsible for own downfall at Horizon probe
Ms Vennells faces grilling by subpostmasters’ lawyers over her role in scandal which saw hundreds wrongly prosecuted
- AFP
Euro 2024 last hurrah for France's record scorer Giroud
France's record goalscorer Olivier Giroud is to retire from international football after Euro 2024, the World Cup winning striker told Friday's edition of L'Equipe.He broke Thierry Henry's national goalscoring record of 51 at the 2022 World Cup finals in Qatar where France did not surrender the title they won in 2018 easily, losing to Lionel Messi-inspired Argentina on penalties in the final.
