Labour, Business, Rachel Reeves, Politics, UK news Business | The Guardian
Labour’s plans to invest £7.3bn over the next parliament hardly blows the doors off and risks being overeggedHere’s a plea to Rachel Reeves, assuming she is the next chancellor: please give your new national wealth fund a different name.The title is misleading because, whether intentionally or not, it conjures images of a Norway-style sovereign wealth fund – a vehicle to accumulate vast long-term riches for the benefit of today’s citizens and future generations. Continue reading…
Labour’s plans to invest £7.3bn over the next parliament hardly blows the doors off and risks being overegged
Here’s a plea to Rachel Reeves, assuming she is the next chancellor: please give your new national wealth fund a different name.
The title is misleading because, whether intentionally or not, it conjures images of a Norway-style sovereign wealth fund – a vehicle to accumulate vast long-term riches for the benefit of today’s citizens and future generations.
