Mary McDougall

Experts say big tax bills could result from Rachel Reeves’ move in the Budget

Industry concerned at possibility of having to buy lower-quality assets at unattractive prices

CPPIB sacked UK employee for using card for personal items

Asset manager suggests a national lifetime savings plan

Members would participate in pooled plans and be offered target returns, but payouts are not fixed

Markets on edge ahead of overhaul of fiscal rules that could result in tens of billions of pounds of extra borrowing capacity

Gap between two countries’ 10-year bond yields falls to lowest level since 2008

Market Questions is the FT’s guide to the week ahead

Shorter fixed-rate offers move closer to five-year ones as markets price in future Bank of England rate cuts

Investors and analysts call on central bank to broaden quantitative tightening to include maturities of one to three years