Published 09/06/2024 10:25:00 a.m.

Economy needs '£1trn investment over 10 years to achieve 3% growth rate'

Summary

The UK economy would need investment of £1trn over a decade for an annual growth rate of 3% to be achieved, according to a business lobby group. The Capital Markets Industry Taskforce (CMIT), which represents leaders in the financial services sphere, said £100bn a year must be found to help the country catch up after trailing its peers for many years.

0 Articles

All

Left

Center

Right

Reuters

Britain needs extra $1.3 trillion investment for economic growth, report says

Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, a report said on Friday.

09/06/2024 10:25:00 a.m.·United Kingdom

Read Full Article

Evening Standard

Slow lane Britain needs £1 trillion investment boom to get back to higher growth

Areas where billion of pounds of extra investment are urgently needed include housing, energy and water

09/06/2024 7:41:13 a.m.·London, United Kingdom

Read Full Article

Sky News UK

Economy needs '£1trn investment over 10 years to achieve 3% growth rate'

A mouthpiece for the financial services industry urges the government to unlock tens of billions per year to help the country catch up following years of underinvestment.

09/06/2024 7:44:00 a.m.·United Kingdom

Read Full Article

Bloomberg

UK Needs £1 Trillion to Meet Growth Goals, London Executives Say

The UK needs about £1 trillion of investment over the next decade to meet its goals for economic growth, according to London business executives.

09/06/2024 7:50:59 a.m.·United States

Read Full Article

WTVB

Britain needs extra $1.3 trillion investment for economic growth, report says

LONDON (Reuters) – Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, a report said on Friday. New British Prime Minister Keir Starmer said he wanted the economy to achieve annual growth of 2.5% when campaigning in the run-up to July 4’s election – a rate that Britain has not regularly reached since before the 2008 financial crisis. An annual growth rate of 3% would require e…

09/06/2024 2:50:51 a.m.

Read Full Article

U.S. News

Britain Needs Extra $1.3 Trillion Investment for Economic Growth, Report Says

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

09/06/2024 10:25:00 a.m.·New York, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year