More than 250 senior business leaders have signed a letter urging Chancellor Rachel Reeves to introduce rules requiring pension funds to invest a larger share of their portfolios in UK-listed companies. The signatories argue that the decline in domestic investment is limiting growth and pushing promising firms to seek funding overseas. They note that UK pension funds once held over half of their equity investments in the UK, but this has dropped to around 4%. Supporters of the proposal say directing more pension money into British businesses could unlock billions for innovation, job creation and the wider economy, while critics warn it may reduce funds’ ability to diversify globally.
Chancellor Rachel Reeves
