Pension Funds Told to Invest in Britain | London News

Business Secretary Peter Kyle is sounding the alarm on UK pension funds, demanding they stop sitting on the sidelines and invest more in British companies—threatening to mandate it if they won’t comply. Frustrated by years of stalled progress and regulatory requests that yield little action, Kyle insists asset managers have a patriotic duty to fuel the UK’s economic success. While past efforts to nudge voluntary investment have fallen short, and overseas investors often outpace domestic ones, Kyle is pushing for bold moves—including tying tax relief to UK investments—to revitalize the economy. He’s adamant this industrial strategy won’t be derailed by leadership changes and envisions a more devolved, Manchester-style growth model to spread prosperity beyond London. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d6198beca81af165