City minister Emma Reynolds says a risk averse attitude has led to a lack of investment in the UK. “There is a recognition that by seeking to eliminate risk, for example why have we got hundreds of billions of pounds in cash Isas, we have failed to drive an investment culture that we see in other places,” she said. She said a new investment culture is needed in the UK that “realises cash is not a good investment”. Read more: https://on.ft.com/4hB5exs