Toxic pensions row at heart of Labour WhatsApp scandal threatens to undermine Reeves' growth plan

Toxic pensions row at heart of Labour WhatsApp scandal threatens to undermine Reeves' growth plan
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Toxic pensions row at heart of Labour WhatsApp scandal threatens to undermine Reeves' growth plan
Published: Feb, 18 2025 22:01

Summary at a Glance

Intriguingly, among those suspended after their WhatsApp messages were made public are supporters of Reeves’s plan to pool the local authority pension schemes, including Brenda Warrington, an ally of Gwynne and a former Tameside Council leader who previously chaired the GMPF.

Growth plan: Chancellor Rachel Reeves wants to force 86 local authority pension schemes in England and Wales to pool their £400bn of assets and invest in the Government’s pet projects.

Reeves wants to force 86 local authority pension schemes in England and Wales to pool their £400billion of assets and invest in the Government’s pet projects to boost economic growth.

Health minister Andrew Gwynne was sacked and MP Oliver Ryan suspended for sharing a series of ‘vile’ sexist and racist comments in their notorious ‘Trigger Me Timbers’ messaging group that mocked colleagues and voters.

‘We invest 40 per cent in Britain but if we went higher, we would be increasing the risk to members,’ said a source at Tameside, which administers the pension fund on behalf of Greater Manchester’s ten local authorities.

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