Pension ‘megafunds’ to boost UK investment says government

Financial Services are the “crown jewel” in the UK economy – the Chancellor Rachel Reeves will declare tonight.

At tonight’s Mansion House speech in the City, she will call on Britain’s massive pension fund industry to pump more of its investments into the country’s infrastructure.

And the Governor of the Bank of England will tonight make some of his strongest comments on the damage from Brexit, saying the UK should look to “rebuild relations” with the European Union.