内容摘要：Mr Churches told me his return on investment from farming is "about 2 or 3%, which is nonsensical for the hours that you're doing".

Mr Churches told me his return on investment from farming is "about 2 or 3%, which is nonsensical for the hours that you're doing".

By 2030 the government says there should be more than 20 pension funds worth more than £25bn, in contrast to the current 10.As part of the voluntary agreement, known as the Mansion House accord, agreed earlier in May, the 17 firms involved committed to investing 10% of their assets in things other than publicly traded shares, so that more money would flow into homebuilding, infrastructure projects and start-up businesses in fast-growing sectors.

In addition, 5% of investments will be earmarked to go into UK assets.The reforms will form part of the Pension Schemes Bill, about to go before Parliament.The new approach would mean over £50bn of additional investment in UK infrastructure, new homes and businesses, the Treasury said.

On Thursday the government is publishing the final report from its Pensions Investment Review.It said the review found the reforms would drive higher returns for pension savers through cutting waste, economies of scale and improved investment strategies.

As a result workers on average earnings could see a £6,000 boost to their defined contribution pension pot, the Treasury said.

to keep up with the inner workings of Westminster and beyond.to keep up with the latest climate and environment stories with the BBC's Justin Rowlatt. Outside the UK?

The world's tropical forests, which provide a crucial buffer against climate change, disappeared faster than ever recorded last year, new satellite analysis suggests.Researchers estimate that 67,000 sq km (26,000 sq mi) of these pristine, old-growth forests were lost in 2024 – an area nearly as large as the Republic of Ireland, or 18 football pitches a minute.

Fires were the main cause, overtaking land clearances from agriculture for the first time on record, with the Amazon faring particularly badly amid record drought.There was more positive news in South East Asia, however, with government policies helping to reduce forest loss.