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November 14, 2024

‘One of the biggest growth levers’: UK government announces plans to mobilise £80bn from pension funds for investment

It’s the “biggest set of reforms to the pensions market in decades”, says finance minister Rachel Reeves

The UK government’s plans to mobilise up to £80bn in pension fund capital into “megafunds” could fill a void in the country’s tech sector, say startup groups and investors.

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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