LABOUR WILL ENSURE FUNDS INVEST MORE IN UK FIRMS IF IT WINS POWER

Britain's Labour Party, tipped in the polls to win a general election on July 4, said on Thursday that if it won power it would ensure that pension funds invested more in UK companies.

Cash-strapped Britain has little choice but to rely on private funds to pay for renewing infrastructure and cutting carbon emissions. The party has long sought to reassure the City there would be a continuation of the post-Brexit financial reforms set out by the current Conservative government to boost the sector's global competitiveness.

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