News Formal

U.K. Finance Chiefs Push for Pension Reforms to Boost Investment and Growth

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 47 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 51%

Business Notizia

Pension Reforms,Investment,Growth

Leading figures from the U.K.'s financial sector are urging the Labour government to prioritize pension reforms to stimulate investment and economic growth. At the annual Labour conference, industry leaders emphasized the need to make retirement schemes more competitive and encourage domestic capital investment.

U.K. finance chiefs are banging the drum for pension reforms to boost anaemic investment and growth in the country.

Liverpool, ENGLAND — U.K. finance chiefs are banging the drum for pension reforms to boost anaemic investment and growth in the country.The annual Labour conference — the centre-left party's first in power for 15 years — was awash with delegates from the City of London urging the government to move decisively with plans to make retirement schemes more competitive.

"If we do not have domestic capital investing in domestic businesses, we will not see the growth that this government is so rightly focused on," he added. Such investments could serve to further the U.K.'s strategic interests, for example by bolstering regional development, vital infrastructure, medical innovation and decarbonization, according to the government.

"The size of Canadian pension schemes means they can invest far more in productive assets like vital infrastructure than ours do," Reeves said last month.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 545. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

UK finance chiefs are banging the drum for one major reform to boost economic growthU.K. finance chiefs are banging the drum for pension reforms to boost anaemic investment and growth in the country.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Five Years Later, the Business Roundtable’s Push Toward Wokeness Starts to CrumbleSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fonte: BreitbartNews - 🏆 610. / 51 Leggi di più »