Alastair King, who’s being sworn in as 696th Lord Mayor of the Metropolis of London immediately (8 November), says he plans to encourage pension funds to go additional on their Mansion Home commitments to spend money on the UK.
World traders doubt Reeves’ Price range will make UK markets extra enticing
Based on a Monetary Instances interview, King desires to extend the commitments of the Mansion Home Compact signatories – that are presently required to take a position 5% of their belongings in unlisted UK equities – however stops wanting saying this needs to be obligatory.
The interview with the incoming Lord Mayor,…