L

Lord Howell of Guildford (Con)

Speaking in the House of Lords on 13 February 2025

Debate

London Stock Exchange: Decline in UK Funds

Contribution

Does the Minister know that Australian pension funds invest 80% in Australia? Thirty years ago in this country, it was 40%, and in earlier years it was 60% and 70%. It seems to me that the situation is rather more serious than just “looking at further ways”. Does the Minister agree that if we really are to attract more FDI and sovereign wealth funds and create an attractive centre for high-innovation investment in this country, we need something a little beefier than what he has indicated so far?

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