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.
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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...

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