Burnham backs plan to pump £1bn pension funds into start-ups Investing Andy Burnham’s government is set to spearhead a new £1bn fund that will channel cash from some of the country’s biggest pension schemes into start-ups. Pension funds including Nest, the workplace scheme set up by the government, Railpen, Border to Coast and the Local Pensions Partnership Investments (LPPI) are set to back the new government-led [...]
Exclusive: Reeves poised to roll out ‘concierge service’ for investors Politics The Treasury is preparing to launch its ‘concierge service’ to help international firms invest and expand in the UK as soon as this week, City AM can reveal, in a move ministers hope will attract as much as £10bn of foreign investment into the UK. The new service – also dubbed an ‘investment hub’ – [...]
Starmer appoints former Darktrace boss as new investment minister in ‘scaled up’ department Investing Prime Minister Keir Starmer has announced the government’s new investment minister after more than 100 days in office, amid criticism from City groups it took too long. Former Darktrace chief executive Poppy Gustafsson has been appointed to the role, taking charge of the ‘scaled up’ Office for Investment. The appointment is part of what the government [...]