LONDON (Reuters) – British finance minister Rachel Reeves on Friday announced a new approach for the National Wealth Fund and the Office for Investment, aiming to work with local leaders to support new investment that will drive regional economic growth.
“Those with local knowledge and skin in the game are best placed to know what their area needs, and our transformative reforms will put local leaders at the centre of a network that will connect them with investment opportunities, bringing wealth and jobs to their communities,” Reeves said in a statement.
(Reporting by Catarina Demony, writing by Sachin Ravikumar)
