Money blog: UK pension scheme called 'deeply irresponsible' after investing in Bitcoin

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Money blog: UK pension scheme called 'deeply irresponsible' after investing in Bitcoin

//stocks-investing.news-articles.net/content/202 .. ly-irresponsible-after-investing-in-bitcoin.html

Published in Stocks and Investing on Wednesday, November 27th 2024 at 3:20 GMT by Thomas Matters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The unnamed defined-benefit scheme became the first in the UK to make the plunge, using 3% of its assets to buy into the cryptocurrency last month. Read this and today's other consumer and personal finance news below - and leave your thoughts on anything we cover in the box.

The article from Sky News discusses various financial and consumer-related updates in the UK. It highlights the ongoing Black Friday sales, with retailers like Amazon, Currys, and Argos offering significant discounts. There's a focus on the economic impact of these sales, including consumer spending trends and the potential for increased retail footfall. Additionally, the article touches on the cost of living crisis, with insights into how shoppers are adapting their buying habits amidst rising prices. It also covers financial advice, such as tips on saving money during the holiday season, and updates on economic indicators like inflation rates and interest rates. The piece includes expert commentary on the retail sector's performance expectations for the end-of-year shopping period and how businesses are preparing for potential economic challenges in the coming year.

Read the Full Sky Article at [ https://news.sky.com/story/money-latest-personal-finance-consumer-black-friday-live-13040934 ]