Over 450,000 lonely bunnies: Nearly half of the UK rabbit population lives alone, despite calls for companionship

Rabbits are naturally sociable animals so it is vital to make sure they have a bunny-friend to live with, according to vet charity PDSA. This ‘Cheer up the Lonely Day’, PDSA is highlighting the importance of rabbits having a compatible companion.

The 2023 PDSA Animal Wellbeing (PAW) Report revealed that 42% of rabbits live alone, with a further 5% living with another species of animal, meaning that an estimated 530,000 rabbits (48%) are still not having their companionship needs met appropriately.

The PAW Report also highlighted that 36% of veterinary professionals identified the ‘lack of an appropriate companion’ as one of the top welfare issues for rabbits.

PDSA Vet Catherine Burke said: “If rabbits live alone, they can feel socially isolated and become bored, frustrated, anxious, and destructive. They need fellow bunny companionship, as it offers them warmth, comfort and company. This minimises boredom, and reduces their anxiety and stress.

“We’d always recommend keeping rabbits in a bonded pair or a small group, for happy, healthy bunnies.

Keeping rabbits together

Catherine added: “Whilst you don’t want a lonely bunny on your hands, it’s important to try to make sure you pair or group your resident rabbit with a compatible companion.

“Rabbits can happily live together in the following combinations:

  • a neutered male and a neutered female – often the most successful pairing
  • two litter brothers or two litter sisters together – although there is no risk of pregnancy when you have rabbits of the same sex living together, it’s still important to neuter to reduce the risk of fighting as they get older. There are also many other benefits to neutering your rabbits such as preventing illness.
  • a compatible group – rabbits can live in groups, but unless the rabbits are related and neutered early, bunny bonding can be harder to achieve so it’s often best to keep them in pairs.

“For the happiest bunnies, we suggest keeping a neutered male with a neutered female. If you can home a brother and sister together, that’s ideal as they’ll already know each other and will be less likely to fight”, Catherine explains.

“If you have a resident rabbit and would like to provide them with their perfect companion, your local rabbit rehoming centre may have lots of suitable bunnies waiting for a new home with a fellow fur-friend. But they always need to be introduced gradually and a rescue centre may be able to support you with this.”

Important tips on rabbit companionship:

  • The process of introducing rabbits to each other is called bunny ‘bonding’. Your new rabbit and resident rabbit will need to be kept apart at first, and slowly introduced. Once they’re both happy and comfortable together (with no sign of fighting), they will be able to share a living space. Rabbits won’t necessarily get on straight away so it is important to take things slowly – be patient with your bunnies as they get to know each other.
  • If you’re keeping any male and female rabbits together, it’s really important to get them neutered. It will reduce their chance of fighting with each other, stop them from having babies and will protect them from serious illnesses. The timing of neutering is important as bunnies are able to get pregnant from around three months old so it is important to keep unneutered males and females separate from this age. Male rabbits can be neutered from 10 weeks old and female rabbits can be neutered from five months old (or may be as late as eight months in giant breed rabbits).
  • Rabbits should never be kept with other species of animal, such as guinea pigs. They have very different needs and they also can’t communicate with each other or provide the social support that they need to stay healthy. They both need their own kind for company.

For more information about keeping your rabbits happy and ensuring they aren’t lonely, please visit PDSA’s website.

Police Scotland: Vehicle Security

Have you ever considered improving the security of your vehicle? 🚗

Sometimes simply locking it is not enough.

The list below provides a range of options which will make stealing your vehicle more difficult, especially if several are combined together!

Check vehicle doors are locked before walking away.

• Do not store keys near windows or doors.

• Keep your key device in a ‘Faraday pouch’ which prevents it receiving or transmitting radio signals.

• If you buy a second-hand keyless car, get the key reprogrammed.

• Make sure the key and any spares are stored securely and safely.

• Consider having an On-Board Diagnostic port (OBD) lock professionally fitted/ask at a main dealership.

• Use a steering wheel lock.

• Fit a pedal box, which encases the driving pedals in a high visibility secure box.

Please report any suspicious behaviour or incidents to Police on 101 or 999.

Cost of living crisis impacts mental health of 2 in 3 over-40s, finds UK Care Guide workforce research

Research* from the UK Care Guide has found startling levels of stress amongst the workforce aged 40 and over, with over two thirds (67%) reporting increased levels of stress thanks to the cost of living crisis.

The survey, based on the data of 1487 respondents, found that a huge 72% directly attributed their increased levels of stress to the tightening of household budgets as a result of the cost of living crisis.

While work-related factors were a major cause, half of the respondents also identified personal and family-related factors as sources of stress.

Saq Hussain of UK Care Guide commented: “Our latest UK Care Guide research reveals a worrying surge in stress levels among UK workers aged 40 and over in the face of the cost of living crisis.

“This issue cuts deeper than just affecting productivity at work. It’s intruding into individuals’ personal lives, straining relationships and fundamentally undermining their mental wellbeing.

“Amidst these challenges, it’s commendable that almost half of those surveyed have adopted some form of coping mechanism to manage their stress levels. However, the glaring outlier is the lowly 20% looking for professional mental health support. This number signifies not only a potential stigma around seeking mental health assistance, but also perhaps hints at the lack of easily accessible mental health services.

“Our findings highlight an urgent call to action for employers, healthcare organisations, and policy-makers alike. There is a pressing need to not only address the root causes of workplace stress but also to create a supportive environment that promotes mental health resources and empowers individuals to effectively manage their stress levels without fear of stigma.”

For more information on the survey, please email: media@ukcareguide.co.uk 

Now We Ride: UK Cyclists take on epic 23 Million Miles charity challenge

Love To Ride, the online community cycling platform, and partner charities of the 2023 UCI Cycling World Championships, World Bicycle Relief and Maggie’s, have announced a partnership to change lives while encouraging Brits to get on their bikes.

The 23 Million Miles Challenge will see cyclists around the country contribute their rides – whether one or one hundred miles – to an epic 23 million mile goal ahead of the biggest cycling event in the world, the UCI Cycling World Championships in Scotland, 3-13 August 2023. Cyclists can now fundraise for the life-changing partner charities whilst adding their mileage to the total.

World Bicycle Relief, the Championships’ global charity partner, provides purpose-designed, hard-wearing ‘Buffalo Bicycles’ to people in need in rural areas around the world where access to basic goods and services is affected by long distances and harsh terrain.

These bicycles help children, adults, families and communities reach life-changing education, healthcare, and economic opportunities. Fundraising through the 23 Million Miles Challenge will help World Bicycle Relief to meet its target of providing 1 million bicycles by 2025.

After setting up a fundraising page for World Bicycle Relief, cyclists can register with Love to Ride, set a mileage goal, begin fundraising with family, friends or colleagues, then hit the saddle and start logging their miles.

Maggie’s, the Championships’ national charity partner, provides free, practical and psychological support to anyone living with cancer, their families and friends. Maggie’s centres offer a warm and welcoming place to go for people at every stage of cancer. Visitors can speak to professional staff including cancer support specialists, clinical psychologists, benefits advisors and relaxation therapists, who offer individual and group support to help live well with cancer.

By taking part in the 23 Million Miles Challenge and choosing to fundraise for Maggie’s, cyclists can directly contribute to the charity’s vital services and programs and support anyone living with cancer.

Maggie’s are calling on cycling fans to take part in their virtual Gran Fondo, challenging them to take on 250km or 500km by 13 August and raise funds to help support everyone living with cancer. Riders can sign up to receive a free cycling jersey, join Maggie’s Strava club, and start logging their miles with Love to Ride.

Claire Geiger, Director of Partnerships, World Bicycle Relief, said: “The UCI Cycling World Championships is bringing cycling to Scotland and the world on a scale we’ve never experienced before, but there’s more to the Championships than competition.

“These next few months are all about showcasing the power of the bike as not only a tool for sport, commuting, and recreation, but also for transportation in remote parts of the world. By logging miles and raising money, cyclists around the United Kingdom can help in the mission to get more people riding bikes.”

Adam Feder, Head of Partnerships, Maggie’s, said: “At Maggie’s we know how cycling – and movement in general – can play a huge part in emotional and physical recovery after cancer.

“That’s we’re delighted to be working with Love to Ride and the 2023 Cycling World Championships to showcase the #powerofthebike and encourage more people to get cycling to support their mental and physical health.”

Angus Rodney, Partnerships Manager for Scotland, Love To Ride, said: “Love to Ride are delighted to work in partnership with Maggies, World Bicycle Relief, and the 2023 Cycling World Championships team.

“Ultimately we want to inspire people to jump on their bikes, build some excitement around this amazing event which showcases the power of the bike. And motivate people to do their bit to contribute towards net zero.

The goal is big, but by working together we can achieve big things!”

Find out more about the 23 Million Miles Challenge here.

Scottish strawberry producer unveils ‘World’s Largest Strawberry Crown’

Scottish producer, Angus Soft Fruits, has unveiled the ‘World’s Largest Strawberry Crown’ as it celebrates the arrival of the country’s finest strawberry, AVA Magnum®, onto our shelves.

Measuring 30 inches in diameter, 31 inches in height and weighing 8kg, the regal masterpiece used more than 400 AVA Magnum® strawberries and took more than 50 hours to craft.

As well as celebrating the Scottish strawberry season, it pays homage to the closing days of His Majesty’s inaugural Wimbledon, the ultimate occasion for a strawberry fit for a King.

AVA Magnum® reigns supreme in the world of strawberries with its perfect heart shape and ruby red colouration. Unrivalled in flavour, sweetness, and quality, the berry is exclusively grown by a group of growers in the north-east coast of Scotland.

The impressive structure has been created by food artist, Prudence Staite – known for her impressive collection of designs including an edible labyrinth, made out of 10kg of Belgian chocolate, to celebrate the launch of the Maze Runner films, a replica Angel of the North made out of chips, and a We Wish You a Merry Christmas playing chocolate vinyl.

The ‘World’s Largest Strawberry Crown’ was inspired by the St Edward’s Crown, which was used in this year’s Coronation. Replicating details of the crown, Prudence used AVA Magnum® berries to replicate the velvet cap and strawberry flowers for the Ermine band.

Jill Witheyman, Head of Marketing at Angus Soft Fruits, commented: “The AVA Magnum®, represents a true triumph in the world of strawberries, where flavour, sweetness, and quality converge to create an extraordinary sensory experience.

“It felt fitting for us to celebrate His Majesty’s Coronation year and inaugural Wimbledon, where the nation comes together to savour strawberries, with this incredible piece of art. The strawberries will now be skilfully transformed into strawberry jam and gifted to friends of AVA Berries®.”

Britain is a nation of strawberry fanatics with more than 87,000 tons of UK grown fruit sold every year across the country, reaching their peak during Wimbledon where organisers estimate around two million strawberries are eaten during the championships.

AVA Magnum® is part of Angus Soft Fruits’ AVA Berries® range. Exclusively grown by a select group of growers based across Perthshire, Fife and Angus, AVA Berries® harness the region’s unique microclimate and daylight hours to produce strawberries of unparalleled quality.

AVA Magnum® are bred to develop sugar slowly, which results in an exquisite sweetness. They are currently sold as premium lines in the UK’s top supermarkets including M&S Red Diamond, Aldi’s Specially Selected, Sainsburys’ Taste the Difference, ASDA’s Extra Special and in Costco as AVA Berries®. 

The varieties of AVA Berries® have been carefully bred to prioritise flavour, appearance yield and sustainability. AVA Magnum® are grown in the ideal Scottish climate; these strawberries develop their sugars slowly resulting in an exquisite sweetness that captivate the taste buds.

Fringe 2023: official EdFringe app available to download

Today, Tuesday 11 July, the Edinburgh Festival Fringe Society is delighted to announce that the official EdFringe 2023 app is now live and available to download from the Apple App Store and Google Play.

Over 300 more shows have registered since programme launch on 08 June, making the app (alongside edfringe.com) one of the best places to find up-to-date information on every show at Fringe 2023.

As previously announced, the 2023 app will include many features familiar from previous years, such as the ability to filter listings by genre and to find shows starting soon using the ‘nearby now’ function. App users will also be able to book tickets and store e-ticket QR codes in their account area, and booked performances will be integrated into users’ daily show schedule.

Entirely new functions will allow users to never miss a show by enabling notifications for their next show, while audiences looking for inspiration can use the ‘shake to search’ feature, providing them with a random show suggestion.

The development of the official 2023 EdFringe app would not have been possible without the generous sponsorship from Playbill, the support of Synetec, Johnnie Walker Princes Street, and support from EventScotland.

The Fringe Society would also like to send a shout-out to their fellow fringers at Perth’s Fringe World Festival, who made the initial introduction to the app’s developers, equ.

Shona McCarthy, Chief Executive of the Edinburgh Festival Fringe Society, said: “We’re thrilled that the app is out of development and ready to download, giving eager Fringe-goers yet another way to find new shows and discover their new favourite artists.

“I’d like to encourage everyone to explore the various features on offer – particularly ‘shake to search’, introducing them to entirely new and random show suggestions – and to fill their boots when it comes to booking shows!”

The official EdFringe 2023 app is available to download now. Users will be invited to submit feedback on the app and make suggestions on new features, which will go towards the development of the EdFringe app in future.

Chancellor’s Mansion House Reforms to boost typical pension by over £1,000 a year

  • Chancellor outlines reforms to boost pensions and increase investment in British businesses
  • the ‘Mansion House Reforms’ could unlock an additional £75 billion for high growth businesses, while reforms to defined contribution pension schemes will increase a typical earner’s pension pot by 12% over the course of a career
  • comprehensive reforms will increase pension pots by as much as £16,000

The reforms will also unlock up to £75 billion of additional investment from defined contribution and local government pensions, supporting the Prime Minister’s priority of growing the economy, and delivering tangible benefits to pensions savers.

The United Kingdom has the largest pension market in Europe, worth over £2.5 trillion. Over the past ten years Automatic Enrolment has helped an extra ten million people save for their futures, with £115 billion saved in 2021, but how this money is invested is limiting returns for savers. Comparable Australian schemes invest ten times more in private markets than UK schemes, reaping the rewards that UK savers are missing out on.

To level the playing field, the Chancellor and the Lord Mayor have supported an agreement between nine of the UK’s largest Defined Contribution pension providers, committing them to the objective of allocating 5% of assets in their default funds to unlisted equities by 2030. These providers represent over £400 billion in assets and the majority of the UK’s Defined Contribution workplace pensions market.

This could unlock up to £50 billion of investment in high growth companies by 2030 if all UK Defined Contribution pension schemes follow suit.

More effective investments by defined contribution pension schemes will also increase savers’ pension pots by up to 12%, or as much as £16,000 for an average earner.

Chancellor of the Exchequer Jeremy Hunt said: “British pensioners should benefit from British business success. By unlocking investment, we will boost retirement income by over £1,000 a year for typical earner over the course of their career.

“This also means more investment in our most promising companies, driving growth in the UK.”

Secretary of State for Work and Pensions Mel Stride said: “British workers should have the confidence that their pension savings are working as hard as they are.

“Our reforms will benefit savers and society – unlocking investment into pioneering UK businesses, growing the economy, and helping the record number of people in this country saving into a pension to achieve the retirement they want.”

The Chancellor’s Mansion House Reforms will also deliver better returns for savers through a new Value for Money Framework which will make clear that investment decisions made by pension firms should be based on overall long-term returns and not simply costs. Pension schemes which are not achieving the best possible outcome for their members will be wound up into larger, better performing schemes.

Analysis shows that over a five-year period there can be as much as 46% difference between the best and worst performing pension schemes. This means that a saver with a pot of £10,000 could have notionally lost £5,000 over a 5-year period from being in a lowest performing scheme.

The Mansion House Reforms will be guided by the Chancellor’s three golden rules: to secure the best possible outcome for pension savers; to always prioritise a strong and diversified gilt market as we seek to deliver an evolutionary, rather than revolutionary, change in our pensions market; and to strengthen the UK’s position as a leading financial centre to create wealth and fund public services.

To ensure that the money unlocked by these reforms is invested quickly and effectively, the Chancellor has asked the British Business Bank to explore the case for government to play a greater role in establishing investment vehicles, drawing upon the BBB’s skills and expertise.

This will complement the £250 million of support that government has made available through the Long-term Investment for Technology and Science (LIFTS) initiative to incentivise new industry-led investment vehicles.

The government will also encourage the establishment of new Collective Defined Contribution funds which can invest more effectively by pooling assets as well as launch a call for evidence to explore how we can support pension trustees to improve their skills, overcome cultural barriers and realise the best outcomes for their pension schemes and subsequently their members.

Defined Benefit pensions

For the Local Government Pension Schemes a consultation will be launched on setting an ambition to double existing investments in private equity to 10%, which could unlock £25 billion by 2030. The consultation proposes a deadline of March 2025 for all Local Government Pension Scheme funds to transfer their assets into LGPS pools and setting a direction that each pool should exceed £50 billion of assets.

To improve outcomes for savers in a highly fragmented market, with over 5,000 Defined Benefit Schemes, the government will set out its plans on introducing a permanent superfund regulatory regime to provide sponsoring employers and trustees with a new way of managing Defined Benefit liabilities.

A new call for evidence will also launch tomorrow on the possible role of the Pension Protection Fund and the part Defined Benefit schemes could play in productive investment whilst securing members’ interests and protecting the sound functioning and effectiveness of the gilt market.

Capital Markets

The UK has the largest stock market in Europe and one of the deepest in the world – the London Stock Exchange had the most Initial Public Offerings (IPOs) outside of the US in 2021.

A comprehensive set of reforms will help attract the fastest growing companies in the world to grow and list in the UK. Prospectuses will be simplified, another milestone of Lord Hill’s UK Listing Review, replacing the EU’s outdated regime.

Firm’s prospectuses for investors will be easier to produce, more accessible and understandable, saving companies time and money and attracting more firms to do business in the UK.

Protectionist rules inherited from our time in the EU will be abolished. The Share Trading Obligation and Double Volume Cap have held back UK businesses and will be removed so firms can access the best and most liquid markets anywhere in the world.

The government has also accepted all of Rachel Kent’s Research Review published today, paving the way for a new ‘Research Platform’ that will provide a one-stop-shop for firms looking for research experts. It also sets the path for potentially removing the unbundling rules – an inherited EU law that requires brokers to charge a separate fee for research.

The Chancellor will set out plans to establish an entirely new kind of stock market that allows private companies to access capital markets without floating on a stock exchange. This ‘Intermittent Trading Venue’ would be a world first and will help firms grow and boost the UK economy. It will be complemented by a move to make shares fully digital rather than written on paper, saving businesses time and money.

This builds on the Chancellor’s Edinburgh Reforms and Solvency II reforms which will unlock over £100 billion of productive investment from insurance firms across the UK over a decade.

Seizing the opportunities of the future

To ensure the continued success of the UK’s world-leading financial services sector, firms must be ready to innovate faster, with regulators willing to support them as they do.

Following the Financial Services and Markets Act 2023 passing into law, the government has announced that it is commencing repeal of almost 100 pieces of unnecessary retained EU law for financial services, further simplifying the UK’s regulatory rulebook.

The government launched an independent review into the future of payments – led by Joe Garner, former Chief Executive Officer of Nationwide Building Society – to help deliver the next generation of world class retail payments, including looking at mobile payments.

The government also welcomes a report suggesting ways to move to fully digital shares, scrapping outdated paper-based shares. This will make markets more efficient and modernize how people own shares.

Further information

  • The Mansion House Compact members are: Aviva; Scottish Widows; L&G; Aegon; Phoenix; Nest; Smart Pension; M&G; Mercer.
  • The package of reforms announced yesterday could help increase pension pots for an average earner who starts saving at 18 by 12% over their career – over £1,000 more a year in retirement – all whilst supporting UK economy, businesses, and employment.
  • Analysis shows a difference in returns between schemes over a 5-year period of up to 46% in some cases. This means that a saver with a pot of £10,000 could have notionally lost £5,000 over a 5-year period from being in a lowest performing scheme.

Reaction to the Chancellor’s Mansion House Reforms

Jamie Dimon, Chairman & CEO, JPMorgan Chase said: “Great financial centers stay competitive by responding to the market and evolving through the kinds of important iterations that the Chancellor has announced.

“It’s also good to see the U.K. preparing for the industries of tomorrow considering the great promise of life sciences and A.I. as cornerstones of the economy in the years to come.”

Sir Jon Symonds CBE, Chair, GSK said: “I welcome these important reforms which will further strengthen the UK capital markets and support economic growth. 

“The changes will help increase investment returns for pension savers through improved access to all asset classes including in high growth sectors, and ensure the UK’s most innovative companies are better supported by UK capital to stay in this country as they scale to maturity.”

Brent Hoberman, Executive Chairman & Co-Founder, Founders Forum, Founders Factory said: “The planned pension reforms will enable for capital to be productively invested in funds and scaleup companies in the UK. 

“This should be welcome news to the UK industries of the future, their ability to attract more capital will create more national champions and generate growth, jobs and increased tax revenue.

“The reforms will enable the UK to build on the positive momentum in these key parts of the economy drive further synergies between it’s world class financial institutions and entrepreneurial base.”

C. S. Venkatakrishnan, Group Chief Executive, Barclays said: “The UK has needed a bold, forward-looking policy agenda and industrial strategy to grow the economy. 

“These Mansion House Reforms are an important step in the right direction in mobilising private capital to support growth and innovation.”

Irene Graham OBE, CEO, ScaleUp Institute said: “The package of measures announced by the Chancellor today are very much welcomed by the ScaleUp Institute.

“They contain significant and innovative solutions which will help to enable easier and simpler access to capital markets and patient growth capital. These new initiatives, coupled with the reforms already underway, will support and fuel the global ambitions of our scaleups, and high-potential scaling businesses, across all sectors and all areas of the UK.”

Miles Celic, Chief Executive Officer, TheCityUK, said:“The competitiveness and attractiveness of any successful international financial centre must, by definition, always be a work in progress. The Chancellor is right to be ambitious in building on the UK’s successes and recognising that we can’t afford to be complacent.

“The Mansion House Reforms are ambitious, pragmatic and necessary. They will underpin the UK industry’s future success. Most importantly, their main beneficiaries will be the British people, who will gain from greater investments in growing businesses, revitalising communities and improving retirements.”

Chris Hulatt, Co-Founder, Octopus Group said:“We welcome government’s efforts to make the UK a more attractive place to start a business, and support measures that provide additional opportunities for private companies to raise capital.

“Finding new ways for the most skilled and talented entrepreneurs to access capital as they build businesses is fundamental to helping the UK maintain its place as the best place to start, build and scale a business.”

Noel Quinn, Group Chief Executive, HSBC said: “I welcome the strong and comprehensive package of measures announced by the Chancellor in his Mansion House speech. 

“Unlocking equity to support companies in innovative high-growth sectors such as technology and life sciences is vital to the future growth of the UK economy.”

Lord Mayor, Nicholas Lyons said:“These reforms and the Mansion House Compact mark a historic turning point that will accomplish the dual aim of securing a brighter future for retirees and channelling billions into our economy. 

“I’m proud to have convened key industry players to make this commitment to unlock £50bn in capital by the end of the decade which will improve returns for pension savers and support firms to grow, stay and list in the UK.”

Tim Orton, Chief Investment Officer, Aegon UK said:“Aegon UK is proud to be a founder signatory of the Mansion House Compact which will help deliver better long-term outcomes for our customers.

“We are committed to ensuring our customers can access and share in the growth and success of innovative companies we invest in. We will use our scale and expertise to develop investment solutions seeking to improve the retirement outcomes of the millions of members of the defined contribution pension schemes we support.  The Compact will also create opportunities that help deliver our climate targets as we progress towards net zero.”

Sir Nigel Wilson, Group CEO, Legal & General said: “As the UK’s largest manager of money for pension clients, L&G is pleased to support the ambition set by the Compact.

“Increasing investment in science, technology and infrastructure will support better returns for the tens of millions saving for their retirement, as well as stimulate much needed long-term growth for the UK economy.”

Mark Fawcett, CEO, Nest Invest said: ““For many years now, illiquid assets have been integral to diversified DC pension schemes around the world.

” It’s been a key driver behind Nest setting up our own private market mandates to ensure our members aren’t missing out. Nest will continue to increase our investment in unlisted equities, helping our 12 million members benefit from the strong returns these types of deals can typically offer.”

Ruston Smith, Chair, Smart said:“Smart Pension is committed to securing better outcomes for long-term savers. Giving UK savers access to higher net returns by investing in unlisted equities, including innovative, high-growth UK companies as part of a well diversified portfolio, will deliver these outcomes over time.

“We are pleased to be a signatory of the Mansion House Compact and, as a successful British fintech, we are proud to be supporting the country’s technology sector, helping home-grown start-ups and scale-ups to flourish and thrive.”

Scottish Widows, CEO, Chirantan Barua said:“The industry needs to modernise the investment options available to customers. 

With the right consumer protections in place, the proposals announced today could make a huge difference to our customers and the wider UK economy. I’m proud that Scottish Widows is a founding signatory of the Mansion House Compact.”

Phil Parkinson, Investments and Retirement Leader, Mercer said: “Mercer supports proposals that lead to improved pension scheme member outcomes.

“As a global investment solutions provider, we see first-hand the value that illiquid asset allocations can bring to investors’ portfolios from a risk and a return perspective and are in favour of initiatives designed to unlock this asset class for DC members.”

Edward Braham, Chair, M&G said: “Patient capital put to work in companies or projects over multiple decades is essential to support economic growth and importantly, capture value for people’s pensions as they save for their retirement.

M&G’s heritage is in investing in private markets, whether it is through infrastructure, real estate or innovative companies with purpose. We are democratising access to private markets through the Prudential With Profits Fund, and are supportive of DC pension reforms that encourage more investment of this kind that has potential to result in positive outcomes for savers.”

Mike Eakins, Chief Investment Officer, Phoenix Group said: ““We are proud to sign the Compact, which is an important step to allow UK long-term savers to invest in a more diversified portfolio, giving them access to the potential returns of a broader range of assets, in line with their international counterparts.

“Currently, only 9% of UK pension funds are invested in alternative assets as compared to 23% in other major pensions markets. With the right regulatory environment, Phoenix Group could invest up to £40 billion in sustainable and/or productive assets to support economic growth, levelling up and the climate change agenda whilst also keeping policyholder protection at its core.”

Lengthy jail term for Edinburgh rapist

A 23-year-old man has been jailed for nine and a half years, with a further three years extended sentence, for a series of rapes and sexual assaults against five women in Tayside and Edinburgh between 2015 and 2020.

Logan Doig was sentenced yesterday (Monday, 10 July, 2023) at the High Court in Glasgow, having been found guilty at the High Court in Edinburgh last month.

Detective Inspector Gordon Patullo said: “We acknowledge the sentencing of Doig, who will now face the consequences of his deplorable behaviour.

“I hope today’s verdict will allow the victims some form of closure and enable them to move forward in their lives.

“This should also send a clear message to others that any type of sexual or violent abuse will not be tolerated. We treat all reports of sexual crime seriously, with the utmost professionalism and sensitivity, and we will thoroughly investigate in order to bring perpetrators of such crimes to justice.

“Anyone with any concerns or information can report them to police by calling 101 or calling Crimestoppers, where anonymity can be obtained, on 0800 555 111.”