Brexit Britain’s £1bn Investment Bonanza

China’s sovereign wealth fund and HSBC are in talks to launch a fund of up to one billion pounds to invest in British companies. It will be formally announced next year, coinciding with Britain leaving the EU.

HSBC said in a statement that China’s fund, the ‘China Investment Corporation‘ is exclusively working with them and a British private equity firm “to create a fund to invest in high-quality and growing UK companies with development opportunities in China.” This comes as figures reveal Britain has the second highest FDI in the world, well ahead of any other EU country. All despite Brexit…

Tip offs: 0709 284 0531

Quote of the Day

Andrea Leadsom told BBC Radio 4’s Today

“He’s made his views on Brexit on the record, and the problem with that of course is that the chair’s impartiality is absolutely essential. … He’s made his views known on Brexit… it’s a matter for him but nevertheless it’s a challenge and all colleagues need to form their own view of that.”


Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.