09.10.2012 - BCC chief John Longworth calls for new sovereign wealth fund
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
Print