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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

Pension funds fail to turn into Jeremy Hunt’s magic money tree

The chancellor Jeremy Hunt delivers his speech at Mansion House on 10 July.
The chancellor Jeremy Hunt had disappointing news on pension fund investment at his speech at Mansion House on 10 July. Photograph: Aaron Chown/PA

If you want to invest in Britain’s economy, but you have no idea how to go about it, you are not alone. Business leaders don’t know how either. And government officials stare at each other, unable to devise ways to promote investments that they can persuade ministers come at minimal cost and will win votes.

After more than a decade of procrastination, and the failure of the levelling up agenda, there is an urgency behind demands for the UK to begin repairing what it has and building new things that allows us all – and not just a wealthy few – to participate in the best the 21st century has to offer, from better healthcare to climate-friendly transport.

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