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Evening Standard
Evening Standard
David Hughes

Reeves wants pension ‘megafunds’ to boost growth as Budget backlash continues

Rachel Reeves Budget Emma Reynolds PA Graphics United Kingdom
Chancellor of the Exchequer Rachel Reeves is giving a speech in London (PA) - (PA Wire)

Rachel Reeves will tell City chiefs she has a plan to boost the economy with billions in pension investment as she continues to battle criticism over her tax-raising Budget.

The Chancellor was warned by business chiefs she needs to “work hard” to restore confidence in the UK as a destination for investment following the Budget “piling additional costs on firms”.

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