Time for a British Sovereign Wealth Fund
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Posted 04.17.2012
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UK Politics
Read More:
Sovereign Wealth Funds,
Globalisation,
China,
Privatization,
Green Infrastructure,
David Cameron,
UK Politics News
When David Cameron flew out to Asia last week, he did so on a Boeing 474 owned by Sonangol, the Angolan state oil company. Anyone minded to spot a narrative in these things might have called it a sign of the times; an embattled Prime Minister traveling East - on a plane owned by 'sub-Saharan Africa's first sovereign wealth fund' - to tempt Asian governments flush with foreign exchange to invest some of it in Britain's creaking infrastructure.
