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Deloitte aims to halve UK travel and spending

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F1beac1bb-3bcc-4dab-ae21-408bc7d6a2b4.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Open the editor’s digest for free FT editor Rula Khalaf picks her favorite stories in this weekly newsletter. Deloitte wants to cut spending on staff travel and expenses in the UK by more than 50 percent as it…

The simple secret behind the UK’s best performing council pension fund

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11fabc31-bfc4-407d-a78e-7ffa269ed8e9.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Quentin Marshall, chairman of Kensington and Chelsea’s £1.9bn pension scheme, delivered the best performance of any UK local authority fund over the past decade, parking half its assets in global equity indices. In the year Marshall, who has…

US banking giants have the largest industry profits since 2015

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fa367711c-ca1c-4bb7-949d-fe17d997ca31.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Get free updates Register easily American banks myFT Digest — delivered straight to your inbox. The four largest US banks are on pace to capture the largest share of the industry’s profitability in a decade, a sign of…