Institute for Public Policy Research points to £500bn-plus underspend compared with other advanced economies
More than half a trillion pounds’ worth of underinvestment by government and business over recent decades has left Britain’s economy trapped in a growth “doom loop”, according to a thinktank.
Sounding the alarm as the economy struggles to gain momentum, the Institute for Public Policy Research said the UK risked falling further behind comparable wealthy nations without a sharp turnaround in approach.
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