ukGeorge Osborne has struck agreements with Britain’s pension funds to help fund a £30bn infrastructure package – unlocking a big new source of finance to up­grade the country’s transport, energy and communications networks.  UK pension funds, which hold roughly £800bn in assets, have committed to talks with the Treasury on investing in infrastructure, which could provide a reliable long-term source of income, providing better returns than gilts with less risk than equities.

 Financial Times / Reuters