Why Nigel Wilson is persisting with L&G’s huge housing push

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L&G’s chief tells Joey Gardiner why not all of its investments have worked out so far – and why he remains optimistic that they will

”No comment,” says Nigel Wilson, with a broad chuckle and a wry grin which indicates that my question has hit a mark. I have just asked the long-time chief executive of insurance giant L&G if he was pleased that he turned down the ministerial job he was, by all accounts, offered by Liz Truss in September.

Despite his silence, one cannot but help feeling that the decision to refuse Truss’s offer reflects well on his judgment – and I suspect he knows this.

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