By Charlie Conchie The UK must unlock a wave of cash from domestic pension funds and revamp the structure of its capital markets to attract the £1 trillion of investment needed to achieve its target growth rate over the next decade, a report by a City grandee has found. TheCapital Markets of Tomorrow report, led by former Legal & General boss Sir Nigel Wilson as part of a government-backed push to revive the City, warned the UK will need to attract £100bn per year over the next decade to support a target three per cent growth rate. However, British markets have been stifled by a “risk-off” cul…
