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Burnham Says UK Will Adjust Pensions Triple Lock From 2030

18 hours 12 minutes ago
UK Prime Minister Andy Burnham said he'll honor the Labour Party's manifesto pledge to keep the pensions "triple lock" in the current parliament, and will adjust it in 2030. The triple lock has been in place since 2011, and guarantees that the state pension rises annually by the highest of inflation, wage growth or 2.5%. He made the comments at the Labour Party's annual conference in Liverpool. (Source: Bloomberg)

UK's Burnham: Brexit Has Done More Harm Than Good

18 hours 27 minutes ago
UK Prime Minister Andy Burnham discusses the impact of Brexit on the UK economy and vows to set out different options before finding consensus on Britain's future relationship with the European Union. "Brexit has done more harm than good," Burnham tells delegates at the Labour Party's annual conference in Liverpool. (Source: Bloomberg)

US Consumer Confidence Drops as Gas Prices Rise

18 hours 34 minutes ago
US consumer confidence fell in September to its lowest level since 2014 as Americans deal with rising gasoline and oil prices. The Conference Board's confidence gauge dropped to 81.9. Bloomberg's Michael McKee reports. (Source: Bloomberg)

Burnham Says UK to Review Electoral System With New Commission

18 hours 37 minutes ago
Prime Minister Andy Burnham says the UK will create a commission to review its electoral system. "We will contest the next election with a manifesto commitment to change the electoral system so that everyone's vote counts and everyone's voice is heard," Burnham says at the Labour Party's annual conference in Liverpool. (Source: Bloomberg)
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