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Business secretary Peter Kyle says asset managers should feel a patriotic duty to make the UK a success
The business secretary, Peter Kyle, has warned UK pension funds to “get off their high horses” and invest in Britain or be forced to do so by law.
Expressing frustration at the level of investment in British companies after years of government initiatives, Kyle said the UK’s biggest asset managers “should feel a patriotic duty in making Britain a success”.
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He said around 84% of the posts were filled under quota provisions.
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