UK Can Make Infrastructure A Private-Investment Draw-CBI

LONDON (Dow Jones)–The U.K. government should put money into many infrastructure projects to spark a rise in their credit ratings and draw in private financing, the Confederation of British Industry said Monday.

That is better use of billions of pounds in taxpayers’ funds than bankrolling a few big schemes, it said in a report.

Pensions and sovereign wealth funds, which may only invest in projects with good enough credit scores, are needed to help pay for new U.K. roads, …

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