Norway's state investment fund will increase its investment in the UK over the next 30 years, its CEO has said.

Norway's $1 trillion fund, which utilises the country's income from oil and gas, is already one of the UK's biggest investors. And the fund's CEO, Yngve Slyngstad, said Brexit will not change its view.

He said: "With our time horizon, which is 30 years plus, current political discussions do not change our view of the situation."

He added: "We foresee that over time [30 years] that our investments in the UK will increase."

The news comes amid a host of economic warnings about the impact of Brexit, and, in particular, a no deal Brexit.

Norges Bank Investment Management co-owns London's Regent Street and is a significant investor in HSBC and BP.