Low Investment Blocking UK Growth, says Think Tank

Investment levels in the UK remain among the worst of the world’s richest nations and unless they improve it is hard to see how the economy will grow.

That’s according to think tank, Institute for Public Policy Research, IPPR.

IPPR says total investment in the UK is “significantly” behind the nearest competitor in the G7 group of wealthy nations.

However, the centre-left think tank said both the Conservatives and Labour plan to reduce government investment over the next parliamentary term.

It is calling for the next government to commit to an industrial strategy and end the chopping and changing of policy in order to boost investment by private companies.

After years of sluggish growth, the question of how to improve productivity in the UK economy is one of the key battlegrounds in the run-up to the general election.