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Mark Carney issues grim warning to British families over bills under Labour initiative (Image: Getty) Mark Carney has admitted that household bills could increase under Labour’s new investment initiative. The National Wealth Fund, which was unveiled yesterday by Chancellor Rachel Reeves , aims to tempt more investment into the UK’s green and growth industries. The scheme involves putting £7.

3billion of taxpayers’ money into higher-risk projects that have previously been considered too risky for private investors. function loadOvpScript(){let el=document.createElement('script');el.



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Log('[Load] OVP tcfLoaded',new Date())})}},1500)}) The objective is to incentivise private sector investment in projects like battery gigafactories and hydrogen fuel by injecting some government funds. The goal is for every £1 of taxpayer money to attract £3 from private investors. Speaki.

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