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Ayesha Ofori is a former Goldman Sachs wealth advisor who quit her high-profile job to resolve Britain's gender wealth gap, after realizing she had spent her career making rich men even richer. Ofori is the 40-year-old founder and CEO of female-focused financial investment platform, Propelle, which launched on Wednesday. Britain's gender investment gap currently stands at £567 billion — an increase of £54 billion between January 2023 and January 2024 — according to data from British financial research company Boring Money which surveyed over 6,000 adults in the U.K. It found that men have £1.01 trillion invested compared with £450 billion for women. The gender pensions gap refers to the differences in retirement income or retirement wealth between men and women.
Persons: Ayesha Ofori, Goldman Sachs, Propelle, Ofori, Stefan Bollinger, Julius Baer, Lucy Demery, Goldman, wasn't, I'd, isn't Organizations: Goldman, Vanguard, Blackrock, HSBC, Google, CNBC, Barclays, Ofori Locations: Prospect, British
In pictures: Labour Party leader Keir Starmer
  + stars: | 2024-07-04 | by ( ) edition.cnn.com   time to read: +1 min
The center-left Labour Party will win Britain's general election by a landslide, according to a major exit poll, ending a 14-year era of Conservative rule in decisive fashion and putting its leader Keir Starmer on course to become prime minister. Starmer, 61, has promised to be the agent of change that Britain needs. He has pledged to grow the country's economy by reforming planning laws and investing in a new industrial strategy. He has said he will set up a national wealth fund with £7.3 billion ($9.2 billion) of public money that will help pay for the transition to net zero emissions. Critics on the right say that Starmer will need to raise taxes to fund his plans, while skeptics on the left say his manifesto is not bold or ambitious enough to change Britain for the better.
Persons: Keir Starmer, Starmer Organizations: Labour Party, Crown, Service of, Wales —, Labour Locations: Service of England
The invasion of Normandy, France, on D-Day was a massive and complex military operation involving hundreds of thousands of military personnel. Allied war planners spent months preparing for the assault, drafting up numerous plans for the spearhead into German-occupied northwestern Europe. One commanding general, Britain's Gen. Bernard Montgomery, kept it simple, scribbling out his plans for the largest land, air, and sea operation in military history on a single sheet of paper. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Allied war planners spent months planning the invasion, the beginning of the Allied spearhead into German-occupied Europe known as Operation Overlord.
Persons: Britain's Gen, Bernard Montgomery, Organizations: Service, Nazi, Business Locations: Normandy, France, Europe
Addressing the American Enterprise Institute think-tank in Washington, Braverman said the United Nations refugee convention has expanded the definition of "persecution" and increased the number of people qualifying for refugee protection. Almost 24,000 people have been detected crossing the Channel this year, despite Sunak's promise to "stop the boats". In her speech, Braverman said asylum seekers should be obliged to make a claim in the first safe country they reach. "The vast majority have passed through multiple safe countries, and in some instances have resided in safe countries for several years," Braverman said. Reporting by Andrew MacAskill; Editing by Alex Richardson, Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Suella Braverman, Peter Nicholls, Braverman, Rishi Sunak, Stewart McDonald, Andrew MacAskill, Alex Richardson, Alexandra Hudson Organizations: REUTERS, American Enterprise Institute, United Nations, Conservative Party, Britain, Scottish National Party, Alexandra Hudson Our, Thomson Locations: London, Britain, Washington, Rwanda, France
The Russian Defence Ministry did not respond to a request for comment on Shoigu or its own performance in Ukraine. Appointed defence minister in 2012, he is part of Putin's inner circle and has enjoyed hunting and fishing holidays with him in his native Siberia. The Russian army has been learning from its mistakes and successfully adapting, the source said. There's no escaping the poor performance of the Russian military". It was "inconceivable", said Jones, that a Western defence minister could have kept his job in such circumstances.
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