The Labour government announced the funding commitments—much of which had previously been earmarked—at its international investment summit Monday. They include money for data centres, carbon capture and storage projects, and transport infrastructure. (The Guardian)

Talking point: British officials, including Chancellor Rachel Reeves, had been courting Canada’s Maple 8 pensions for the summit. CPP Investments was the only fund that responded to The Logic by publication time, confirming that its CEO John Graham attended the summit but didn’t announce any new U.K. investments. The government also announced Monday that the country’s Infrastructure Bank will be absorbed into its new National Wealth Fund, which former central banker and Brookfield Asset Management chair Mark Carney helped design. The £27.8-billion fund—launched with an initial £7.3 billion days after Labour’s victory in July—will invest in domestic infrastructure, with a focus on projects that will help the transition to a low-carbon economy.