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Chancellor summons City bosses to No 11 for infrastructure taskforce relaunch

Chancellor summons City bosses to No 11 for infrastructure taskforce relaunch



Exclusive: Rachel Reeves will meet senior City figures on Friday to discuss funding of national investment projectsThe chancellor will summon 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.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. Continue reading…



Source link : https://www.theguardian.com/business/2024/oct/16/rachel-reeves-city-infrastructure-taskforce

Author : Kalyeena Makortoff Banking correspondent

Publish date : 2024-10-16 05:00:13

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