🇬🇧 UK News from Politica UK
🇬🇧 UK News 1. Government launches “Sterling 20” club to attract infrastructure investment The UK government has formed a coalition of 20 major pension funds (including Legal & General, Aviva, M&G) to channel capital into UK infrastructure and high‑growth sectors such as AI and affordable housing. Reuters Legal & General alone pledged £2 billion over five years; several other funds will increase their private venture allocation from 0.6 % to 5 %. The initiative is timed ahead of a regional investment summit in Birmingham and reflects the government’s push to use private finance to stimulate growth amid public budget constraints. 2. Pressure mounts on PM Keir Starmer not to cut UK aid contribution to global health fund The UK’s £1 billion commitment to the Global Fund to Fight AIDS, Tuberculosis and Malaria is under threat of a ~20 % cut, as Treasury weighs broader aid budget reductions. The Guardian Public polling shows 62 % of Britons suppor...