Wednesday 21 November 2018

Investment

I caught (on BBC Parliament) part of the Treasury Committee's proceedings referred to in Vince Cable's demand yesterday. What he does not mention there are the pessimistic reports and forecasts voiced by Governor Mark Carney and his colleagues over business investment, both from internal and external sources. While the value of our investment legacy remains the highest in the EU, investmen in France and Germany, to name just two significant competitor nations, is rising much faster than in the UK.

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