Invest in Britain or I’ll force you to, minister tells pension funds

Business secretary Peter Kyle says asset managers should feel a patriotic duty to make the UK a success Business live – latest updates The business secretary, Peter Kyle, has told UK pension funds to “get off their high horses” and invest in Britain or be forced to do so by law. Expressing frustration at the level of investment in British companies after years of government initiatives, Kyle said the UK’s biggest asset managers “should feel a patriotic duty in making Britain a success”. Continue reading...

This story was reported by Business | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

Read full coverage at Business | The Guardian →

Invest in Britain or I’ll force you to, minister tells pension funds

More from Economy & Money

Interest rates may need to rise this year, says Bank of England economist

The fight against AI data centers is important – but it’s just a starting point | Bruce Schneier and Nathan E Sanders

Tesco’s overseas empire is in retreat – but shareholders have no complaints | Nils Pratley

Costco accused in lawsuit of selling protein powder ‘tainted’ with toxic heavy metals

Andy Burnham urged to scrap income tax and NI in radical fiscal overhaul

Experimental bathtub: the remote lake island trying wave power to boost energy security