Infrastructure investment limit doubled
Local government minister Brandon Lewis said the government will change the law so that councils can invest up to 30% of their holdings in the projects. It is double the current limit of 15%.
“Unlocking town hall pension pots so they can invest more in vital infrastructure projects will help this country complete on a global scale and get Britain building”, Mr Lewis said.
He said changes to the 2009 Local Government Pension Scheme (Management and Investment of Funds) Regulations would allow the extra investments to take place. The combined value of investment assets held under the LGPS is £150bn.
For more information please click here
Latest News
28/11/2025 - 11:30
100 million free school meals have been delivered to London's state primary school children in just over 2 years.
28/11/2025 - 11:15
A new system for local plan development is set to launch in early 2026.
27/11/2025 - 10:01
The Welsh Government has announced an additional £14.1 million for energy efficiency improvements for social housing.
26/11/2025 - 12:54
The Chancellor Rachel Reeves has delivered the Autumn Budget.
26/11/2025 - 11:28
The government has announced that the Soft Drinks Industry Levy will be extended to more high-sugar drinks, including milk-based drinks, in order t
