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Thu, January 30, 2025

Planes and trains are great, but Reeves must fix financial infrastructure too


Published on 2025-01-30 02:00:58 - MSN
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  • New rail projects and reservoirs are welcome, but if Rachel Reeves really wants Britain to be a better place to do business, she must modernise the City too, says Chris Elms In her speech yesterday ,

The article from MSN discusses the need for infrastructure improvements in the UK beyond just transportation, focusing on the financial infrastructure as highlighted by the potential reforms under a Labour government led by Keir Starmer. It points out that while there is much talk about enhancing physical infrastructure like planes and trains, the financial sector, which underpins economic stability and growth, also requires attention. The piece mentions the importance of addressing issues like the lack of a coherent industrial strategy, the need for better regulation of financial services, and the potential for a British sovereign wealth fund to invest in national infrastructure. It also touches on the broader economic implications, such as the need for a stable financial environment to encourage investment and growth, especially in light of recent economic turbulence and the cost-of-living crisis. The article suggests that while physical infrastructure projects are vital, the financial infrastructure's health is equally crucial for the UK's economic future.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/planes-and-trains-are-great-but-reeves-must-fix-financial-infrastructure-too/ar-AA1y6a1Y ]
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