Chancellor summons City bosses to No 11 for infrastructure taskforce relaunch

Exclusive: Rachel Reeves will meet senior City figures on Friday to discuss funding of national investment projects

The chancellor will summon City bosses to Downing Street on Friday for the first post-election meeting of Labour’s British infrastructure “taskforce”, as the government hopes to steer more private cash towards a string of national investment projects.

Banking and asset management bosses – including Lloyds Banking Group’s Charlie Nunn, HSBC UK’s Ian Stuart and Phoenix Group’s Andy Briggs – will gather in No 11 as the government asks private sector leaders for advice on how best to fund and implement a series of infrastructure programmes.