The UK’s biggest investor tells the Today programme it’s ready to invest in infrastructure

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The UK’s biggest investor Legal & General has said it is keen to invest in UK infrastructure projects, but is frustrated by the lack of ‘oven-ready’ projects.

Legal & General’s chief executive Nigel Wilson told BBC Radio 4’s Today programme: “Liquidity isn’t a problem. There are not enough ‘oven ready’ infrastructure projects.”

He added he wanted there to be a greater focus on the UK regions outside London.

Wilson added he would prefer to invest in improving rail links between northern cities rather than investing in HS2.