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.

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Reuters

United Kingdom

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.

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The Woodbridge Company

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

Evening Standard

Evgeny Lebedev

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

London

Greater London

England

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

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.

Sky News UK

Roberts family

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

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

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

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

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…

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New York

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

Financial Times

Nikkei Inc.

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BRITAIN needs an additional £1 trillion (S$1.7 trillion) in investment in the next decade to grow the economy, a report said on...

Business Times

Britain needs extra US$1.3 trillion investment for economic growth: report

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. It urged a focus on energy, housing and venture capital, arguing the money could be unlocked from the £6trn in long-term capital within the pensions and insurance sector. Money latest: Nation’s favourite tea is named The government has made…

Great Yorkshire Radio

Economy Needs '£1trn Investment Over 10 Years To Achieve 3% Growth Rate' - Great Yorkshire Radio

The UK economy would need investment of £1trn pounds 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. It urged a focus on energy, housing and venture capital, arguing the money could be unlo…

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

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