Johnson and Sunak challenge institutions to create ‘Investment Big Bang’

Business

Boris Johnson and Rishi Sunak will on Thursday challenge UK-based investors to invest in more “British success stories” in order to fuel the economy’s post-pandemic recovery.

Sky News has learnt that the prime minister and chancellor will issue a joint rallying cry aimed at “igniting an Investment Big Bang” that would “unlock the hundreds of billions of pounds sitting in UK institutional investors”.

In a letter to institutions, the pair will say that UK pensioners risk missing out on “better retirements” because too small a proportion of their pension funds is being invested in long-term UK assets.

Articles You May Like

14-year-old boy who murdered five-year-old Logan Mwangi named as judge lifts anonymity order
Sky reporter blocked from asking JK Rowling question
More than 100 live animals found in women’s luggage
Ex-aide was backstage with Trump at his Jan. 6 rally. Here’s what she heard him say
Boris Johnson ‘forgot’ about investigation into disgraced MP