Chancellor summons City bosses to No 11 for infrastructure task force relaunch. Rachel Reeves met senior City figures on Friday to discuss funding of national investment projects.
The chancellor summoned City bosses to Downing Street on Friday for the first post-election meeting of Labour’s British infrastructure “taskforce”, as the government hopes to steer more private cash towards a string of national investment projects.
Chancellor summons City bosses to No 11
This shows what is important to the Chancellor, to keep the city of London on her side. WTX News Yvonne Ridley, said “Reeves should set up a taskforce of poor people to fight the cost of living crisis before she bows to the rich and wealthy bankers.”
Banking and asset management bosses – including Lloyds Banking Group’s Charlie Nunn, HSBC UK’s Ian Stuart and Phoenix Group’s Andy Briggs – will gather in No 11 as the government asks private sector leaders for advice on how best to fund and implement a series of infrastructure programmes.