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Letter: Flaws in Reeves’ Mansion House pension funds plan
Top-down mandates from governments rarely build great companies. This golden rule of business growth was sadly not on show at the splashy launch of UK chancellor Rachel Reeves’ ambitious, but flawed Mansion House accord (Report, May 14) forcing pension funds to invest in the UK will not encourage growth, and as rightly noted in the follow-up piece by George Parker and Mary McDougall (Report, May 14) may have the opposite effect.