John Penrose ‘over the moon’ that UK sovereign wealth funds will now be a ‘central part of our long-term plan for Britain’

John Penrose, author of The Great Rebalancing: A sovereign wealth fund to make the UK’s economy the strongest in the G20 (link), has long campaigned for the establishment of a British Sovereign Wealth Fund to underpin the state pension and benefits system. Today’s Conservative Manifesto (page 20) says that this will now…

Read More

Travel Weekly: Government to lobby Brussels over domestic holidays package law

Travel Weekly report on Consumer Affairs Minister Jo Swinson, who has agreed to work with Brussels and the industry on reforming the European Directive on Package Travel following a letter from former Tourism Minister John Penrose. Consumer affairs minister Jo Swinson has agreed to work with Brussels and the industry…

Read More

‘Liberate British Tourism Resorts’ says former Tourism Minister

John Penrose, MP for the seaside resort of Weston-super-Mare and a former Tourism Minister, is calling for changes to Package Travel rules to liberate British tourism destinations from red tape and allow them to market themselves more effectively. The European Commission is currently studying changes to the Package Travel Directive…

Read More