UK Chancellor Rachel Reeves Talks UK Pensions; US-UK Trade

UK Chancellor Rachel Reeves promises to legislate to consolidate pension funds in the UK, with the ultimate goal to create ‘megafunds’ similar to Australia, Canada or the United States. These could unlock £80Billion pounds of UK investment, according to Reeves. With Donald Trump soon to re-enter the White House, Reeves also argued that trade links should continue to benefit both countries. She spoke with Bloomberg’s Lizzy Burden in London ahead of her speech at the Mansion House on Thursday night, her biggest address since the UK election.

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