British PM Pledges to Protect Workers in ‘Irresponsible’ Practices over Pensions

British Prime Minister Theresa May vowed on Sunday to introduce new regulations on how schemes are handled during corporate takeovers. She made her pledge as part of an effort to protect workers against irresponsible practices over pensions. May’s Conservative party will give regulators power to examine takeover proposals that threaten the solvency of a company pension…