Labour’s Pension Plans Remind Me of Communist China, Says Lloyds Chief
UNITED KINGDOM, JUL 7 – Lloyds CEO Charlie Nunn says Labour’s pension fund mandates risk breaching fiduciary duties and compares them to capital controls in China, opposing forced UK asset investments.
Summary by The Independent
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Labour is Acting Like Communist China, Says Lloyds Bank Chief – The Daily Sceptic
The Chief Executive of Lloyds Bank has compared Labour's pension plans to policies used by communist China, saying new powers to force pension funds to invest in Britain are like the capital controls used by Beijing. The post Labour is Acting Like Communist China, Says Lloyds Bank Chief appeared first on The Daily Sceptic.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right2Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
Factuality
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