Tory MP: Government should give fund managers £15bn to invest in SMEs

Recovery Fund mooted to drive sector growth

Mike Sheen
clock • 3 min read

Conservative MP and former employee of HSBC Bim Afolami has called on the Treasury to establish a 'Recovery Fund' of £15bn, which would be allocated to FCA-regulated fund managers to invest in the shares of small- and medium-sized businesses in efforts to deliver "transformative growth after Covid-19".

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