UK business investment – ready for takeoff
As government ministers are fond of reminding us, the UK is set to be the fastest growing economy among the G7 in 2016. But there is another comparative statistic that is more damning. If we rank the G7 economies according to levels of non-housing investment as a share of GDP, the UK is bottom of the heap - a position it has occupied for the past 20 years. Those hoping for a government-led drive to raise the productive capacity of