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Investors turn away from equity funds as UK continues to suffer outflows

Investors cut their exposure to equities last month, turning to bonds and money market funds, as UK-focused funds suffered another wave of withdrawals. UK investors withdrew £1bn from equity funds in October, up from £858m the prior month, marking the sixteenth month of outflows in the last seventeen, according to the latest fund flow…

Mayors to get new powers over water companies in ‘public control’ push

Mayors will get new powers over how water companies are run under new “regional water councils”, the government has announced. The government has said that mayors have been asked to “submit proposals” on how they want the new water councils to be run within the next two months, with plans then drawing out pressures on [...]

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