CITY AM – Hunt: We want funds to invest
City AM says Jeremy Hunt is set to announce hotly-anticipated plans to supercharge pension funds to invest in high-growth sectors and boost British businesses.
The Chancellor will spell out his plans today to encourage schemes to invest cash in infrastructure, startups and green tech – in a bid to rocket power the UK’s growth while avoiding adding to the debt pile.
Speaking at Mansion House in the City of London, Hunt is expected to explain how his plans could secure funds for firms while expanding on returns for pensioners, the Treasury said.
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