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UK business secretary urges pension funds to invest in Britain

Peter Kyle said he is frustrated with investment levels in British companies after years of government initiatives.

Reported · Written up by our desk · Europe

Guardian Economics reports that UK business secretary Peter Kyle told UK pension funds to invest in Britain or face potential forced investment via law.

Kyle also urged asset managers to “get off their high horses,” citing frustration over the level of investment in British companies following years of government initiatives.

Sources

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

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