Nursing a massive write-down, my pension provider (USS) is warning Labour that it will be taking a more cautious approach to infrastructure related investments, whatever the 'incentives' offered as part of Labour's plan to expand investment in Britain.
USS are concerned about how regulatory actions (or inactions) would shift the risk of such investment in the future.
Of course, many might argue (given complaints about how USS is run) that they bought the loss on themselves!
#investment
h/t FT
Emeritus Prof Christopher May /
npub1hr…f2ktj
2024-07-25 15:11:58
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2024-07-25 15:11:58Event JSON
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