UK Requires One Trillion Pounds Investment for Economic Growth
The UK needs one trillion pounds of fresh investment over the next decade to achieve its economic growth targets, according to a City taskforce led by Sir Nigel Wilson, former boss of Legal & General. The 'Capital Markets of Tomorrow' report highlights a necessity for attracting approximately one hundred billion pounds annually, distributed amongst sectors such as housing, energy, and water. The UK Capital Markets Industry Taskforce (CMIT), chaired by Dame Julia Hoggett, has urged for regulatory changes to enhance the UK's capital markets and prevent further company exodus to overseas markets.
The UK needs one trillion pounds of fresh investment over the next decade to achieve its economic growth targets, according to a City taskforce led by Sir Nigel Wilson, former boss of Legal & General.
The 'Capital Markets of Tomorrow' report highlights a necessity for attracting approximately one hundred billion pounds annually, distributed amongst sectors including housing (twenty to thirty billion pounds), energy (fifty billion pounds), and water (eight billion pounds).
The report stresses incentivizing investors and leveling the global pitch to foster a competitive UK investment market.
It outlines potential solutions such as the creation of new investment funds and the reintroduction of tax credits on dividends from UK companies.
The UK Capital Markets Industry Taskforce (CMIT), chaired by Dame Julia Hoggett, has urged regulatory changes to prevent further company exodus to overseas markets.
Since its 2022 inception, CMIT has advocated for mitigating regulatory impediments to enhance the UK's capital markets.
The 'Capital Markets of Tomorrow' report highlights a necessity for attracting approximately one hundred billion pounds annually, distributed amongst sectors including housing (twenty to thirty billion pounds), energy (fifty billion pounds), and water (eight billion pounds).
The report stresses incentivizing investors and leveling the global pitch to foster a competitive UK investment market.
It outlines potential solutions such as the creation of new investment funds and the reintroduction of tax credits on dividends from UK companies.
The UK Capital Markets Industry Taskforce (CMIT), chaired by Dame Julia Hoggett, has urged regulatory changes to prevent further company exodus to overseas markets.
Since its 2022 inception, CMIT has advocated for mitigating regulatory impediments to enhance the UK's capital markets.