well. >> good morning. it's 930 on friday, november the 15th. live across the uk. this is britain's newsroom with ben elliott and nana akua . whilst many nana akua. whilst many pensioners are worried about freezing this winter, what is the chancellor going to do about it? it.7 >> it? >> publishing the interim report of the pensions investment review, it sets out our plans to create canadian and australian style mega funds. >> well, good morning to you. as well. the mega funds plan aims to free up £80 billion to invest in british business and infrastructure, as the bank of england governor, andrew bailey, used the same event to say that we need closer ties with the eu after brexit. >> impact on trade seems to be more in goods than services,

which i do not think is particularly surprising, but it underlines why we must be alert to and welcome opportunities to rebuild relations while respecting that very important decision of the british people . decision of the british people. >> donald trump's team gets bigger as he appoints robert f kennedy jr to be his health secretary. we'll give you the lowdown on him in just a tick. >> an uk's migration meltdown britain sees the biggest migration surge of any rich nation, as it's revealed that the previous government wasted £15 million of taxpayers money on an asbestos filled migrant camp in east sussex. >> and breaking news this morning as uk economy growth slows to 0.1% between july and september, the chancellor says she's not satisfied with four months into this government . months into this government. >> there's a lot more to do to turn around the growth, performance of the last decade or so. or 50. >> or so. >> thought police powers the journalist allison pearson is being investigated by essex

police for a non—crime hate incident or allegedly stirring up racial hatred in her social media post last november, and three police forces were called in to investigate the baddest man on the planet, 58 year old mike tyson takes on youtuber turned boxerjake paul in the early hours of saturday morning . early hours of saturday morning. >> will it be the fight of the century or just maybe a celebrity circus .7 celebrity circus? >> i don't know, listen , i've >> i don't know, listen, i've looked at what a lot of the things the chancellor is planning to do. i'm not convinced about a mega pot for pensions, because all the money in one pot. when i did my business degree, the first rule number one, never put all your eggsin number one, never put all your eggs in one basket. that was the first thing. and they're not. i don't think they're spreading the risk enough. >> yeah i thought i thought when you invest and you try and get good returns, you're meant to diversify as you said, if you put all your eggs into one

basket, you're taking a massive risk. maybe big returns, but it's a risk. and also 0.1% growth in the first three months of labour's administration. compare that to the first or the last six months of the tory government, 0.6 0.7% growth, the best in europe, the best in decades. what does that tell you? >>i you? >> i don't know, you know, the labour government would argue that they were left with £22 billion black hole. but what do you think? get in touch. we'd love to hear your thoughts on pensions and whether you think rachel's plan is a good one. send us your thoughts, post your comments gbnews.com/yoursay . but comments gbnews.com/yoursay. but first, let's get your latest news with tatiana sanchez . news with tatiana sanchez. >> nana. thank you very much. the top stories. while the uk's economy barely grew between july and september, with uncertainty about the budget being blamed for weak growth, it was expected to meet the same 0.2% growth figures reported in germany and japan, but instead the economy grew by 0.1%. the gdp figures

have pushed the uk towards the bottom of the g7 growth table for the third quarter of the yeah for the third quarter of the year. responding to today's figures, shadow chancellor mel stride says they're extremely disappointing. meanwhile, rachel reeves says she's not satisfied with the figures . with the figures. >> not content with the gdp numbers that we've seen today . numbers that we've seen today. if everything was fine, we wouldn't be taking the measures that we are to try and unlock the growth that i know exists in the growth that i know exists in the economy, but hasn't really been felt either in living standards or in the competitiveness of our economy these last few years. that's why in my mansion house speech last night, i set out a number of measures to unlock long term patient capital from our pension funds to get better returns to savers, but crucially, to free up investment to invest in, start up and scale up businesses, and in the opportunities for infrastructure investment in britain. >> rachel reeves told city chiefs last night that she plans to create pension mega funds

that will power growth in the economy and reward british savers. in her first mansion house speech as chancellor, ms reeves announced plans for the mega funds, which she said could bnngin mega funds, which she said could bring in £80 billion to invest in businesses and infrastructure. she addressed issues of financial instability and promised to make economic growth . labour's quote, central growth. labour's quote, central mission in the coming years. growth. labour's quote, central mission in the coming years . the mission in the coming years. the mega funds will mirror schemes in australia and canada, where pension funds take advantage of size to invest in assets that have higher growth potential . have higher growth potential. and gary lineker says hosting match of the day for more than two decades has been an absolute joy two decades has been an absolute joy and privilege, but it's the right time for him to exit and someone else to take over the helm. well, the 63 year old will step down as host at the end of the season. speaking on his podcast the restless football, he said all things have to come to an end. lineker has refused to an end. lineker has refused to speculate who would be taking

his place as rumours grew around mark chapman, the regular match of the day two presenter. football focus host alex scott and bbc sports coverage presenter gabby logan, and those are the latest gb news headlines. for now i'm tatiana sanchez. more from me in half an hour for the very latest gb news direct to your smartphone, sign up to news alerts by scanning the qr code or go to gb news .com forward slash alerts . .com forward slash alerts. >> thank you tatiana and hello and welcome to you at home. this is britain's newsroom live across the uk with me, ben, leo and nana akua. >> right. well, let's and nana akua. >> right. well , let's get stuck >> right. well, let's get stuck in because the chancellor, rachel reeves, is planning what she calls the biggest pension reform in decades. >> she wants to create growth in the economy by merging the uk's 86 council pension schemes into what she calls a few mega funds. but should this really be top

priority when it comes to looking after our pensioners ? looking after our pensioners? >> well, we can now get the view. excuse me , of the chair of view. excuse me, of the chair of the women against state pension inequality, which is waspi. angela madden. angela, is this madness? does this sound sensible to you ? sensible to you? >> good morning nana. good morning ben. and i think it shows a bit of innovative thinking on behalf of the chancellor, the government , this chancellor, the government, this particular government has put growth at the centre of their their whole campaign. and in to order fund that growth, we need different sorts of ideas. and i think this idea sounds to me like a good one. it's utilising pubuc like a good one. it's utilising public pension funds both to get more for the pensioners and for the for the states , because the for the states, because there are a lot of projects that need to be funded. so, so yes, i

think broadly it's a good idea . think broadly it's a good idea. >> read though about the risk involved because, i mean, investors and economists would suggest that by putting all your eggs into one basket and not diversifying your investments, and i guess your, your bets and your gambles, you're taking a bigger risk. yes, there may be bigger risk. yes, there may be bigger returns, but if those investments go wrong or don't go as planned, your returns won't be as lucrative . be as lucrative. >> yes, the risks would have to be managed. ben, i believe that mr reeves intends to create eight different funds so presumably each fund would go into a different government based objective. you know , or based objective. you know, or project . now, obviously, the project. now, obviously, the biggest failure in government projects in recent years has been hs2. had that been invested in. yes, that probably would have been a dire mistake for any investment fund that chose to

investment fund that chose to invest in that. so they would need to be guarantees. but there's so much government work that needs to be done. you know, in the green energy company, in rebuilding our failing schools and council buildings and all of those sorts of things. i think, you know, so long as it's what we would call blue chip or safe investments, then that's a reasonable way to go. and those funds are actually being created and used in order to benefit our 1515 00:09:30,520 --> 00