Labour targets private capital with global summit and National Wealth Fund plans

Conference set for October, while Reeves sets out growth plans in 'National Wealth Fund'

Cristian Angeloni
clock • 2 min read
The Labour Party had previously pledged to stage such an event in the first 100 days of government.
Image:

The Labour Party had previously pledged to stage such an event in the first 100 days of government.

The recently elected Labour government will host a Global Investment Summit in the UK and has set out plans to unveil a National Wealth Fund to attract private capital.

According to a report by Sky News, ministers are going to pitch to global investment giants to draw foreign capital to the UK. They aim to surpass the £29.5bn unveiled in new projects and capita...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

ICSWG launches climate investing framework

ICSWG launches climate investing framework

Framework will assist investors in decision making to support real-world change

Martin Richmond
clock 07 January 2026 • 2 min read
ESG progress stalls across UK fiduciary management market

ESG progress stalls across UK fiduciary management market

Just 21% of fiduciary managers were rated ‘green’ in 2025, down from 38% last year

Jonathan Stapleton
clock 07 January 2026 • 2 min read
FM fees for smaller schemes plateau amid cost inflation and falling asset values

FM fees for smaller schemes plateau amid cost inflation and falling asset values

Latest EY survey also shows shift towards internal fund management

Jonathan Stapleton
clock 06 January 2026 • 4 min read
Trustpilot