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

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.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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 Consulte Mais informação »

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 Consulte Mais informação »