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Money blog: UK pension scheme slammed for being 'deeply irresponsible' after investing in Bitcoin


Published on 2024-11-27 02:20:55 - Thomas Matters, WOPRAI
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  • 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, with insights into consumer spending habits amidst the cost of living crisis. Additionally, the article touches on the latest inflation figures, which have shown a slight decrease, potentially influencing the Bank of England's interest rate decisions. It also covers personal finance tips, including advice on managing holiday budgets, the rise in energy prices, and the implications of the Autumn Statement by the Chancellor. The piece provides a live update format, capturing real-time reactions and expert analyses on these financial developments.

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

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