The number of pension funds swapping asset managers rose sharply in the first half of 1998, according to a report by The WM Company, which measures investment performance.
The beleaguered mental health service is to receive as much as £1bn in extra cash over the next three years but it will have to wait until the autumn to find out precisely how much.
Local government minister Hilary Armstrong has urged councils to refurbish rather than build new homes with the new money from the Comprehensive Spending Review.
Calls from housing organisations for a re-think on the way VAT is charged on property refurbishments received a boost this week with support from the chairman of the government's Urban Task Force.
The Comprehensive Spending Review underlines the government's commitment to continue along the path of the Private Finance Initiative and Public Private Partnerships (PPPs).
