UK working to get pension funds to finance infrastructure: Sunday Telegraph

UK working to get pension funds to finance infrastructure: Sunday Telegraph
 

Britain's government is working to find ways to get domestic pension funds to invest in new nuclear power, rail and broadband projects ahead of a mid-year budget statement next month, the Sunday Telegraph reported late on Saturday.
The newspaper cited a government source as saying the projects would offer funds a higher return than standard government bonds, and that Britain's finance ministry would consider underwriting some of the initial risk of projects.
"If you've got a long-term infrastructure need why wouldn't we be looking to put sensible money into that," the source was... read more

 
9 October 2016 in Business, Views: 56
Source: Reuters
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