Britain Requires $1.3 Trillion in Investment to Stimulate Economic Growth

Reported about 1 month ago

A recent report claims that Britain needs an additional $1.3 trillion in investments over the next ten years to foster economic growth, particularly in energy, housing, and venture capital. As Prime Minister Keir Starmer aims for an annual growth rate of 2.5%, the report emphasizes the necessity of reallocating existing capital, especially from pensions and insurance sectors, and suggests tax incentives to encourage investment. The UK has been underinvested compared to other G7 countries, creating a significant funding gap.

Source: YAHOO

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