Investors have said they will support plans by Rachel Reeves, the new chancellor, to raise billions of pounds from the private sector to kickstart economic growth.
Macquarie, the Australian investment giant that owns Southern Water and is one of the world’s biggest investors in infrastructure, Blackstone, the US investment giant, and investors in the Middle East were among those indicating that they were ready to back her plans for investment.
When Reeves spoke to civil servants in the Treasury on Friday, after Sir Keir Starmer, the new prime minister, appointed her as Britain’s first female chancellor, she said the “central mission of this government will be to restore economic growth”.
With Britain constrained by its large public debt, Reeves has set her sights on attracting