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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, People

BCC chief John Longworth calls for new sovereign wealth fund

Posted on 09 October 2012

The Government should establish a “British sovereign wealth fund” to channel billions of pounds of pension fund money into infrastructure, the head of the British Chambers of Commerce (BCC) has said.
As the Tory party conference gets under way, John Longworth, director general of the BCC, has called for David Cameron and George Osborne to unveil a clear, “deliverable” infrastructure policy. “The Government’s £250bn infrastructure budget, is an amalgamation of every conceivable project that might happen over the next decade – it is by no means a plan to actually do it,” he said………………………………………..Full Article: Source


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