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Evening Standard: "Giant pension pot could invest £2.5bn in London"

Link to Evening Standard

"Council leaders are considering combining London’s local authority pension funds, freeing them to invest up to £2.5  billion a year in infrastructure projects in the capital.

"They are debating a plan to unite the pension funds from the 33 boroughs, Transport for London and the London Pension Fund Authority, which looks after pensions for ex-employees of the former Greater London Council.

"This would create a £30 billion pot, and allow up to £2.5 billion a year to be reinvested in London projects such as social housing, transport, waste disposal and recycling."

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