
57. How to fix UK growth, why economists fail, and restructuring our economic institutions - Andy Haldane
The Rest Is Money
Exploring Foreign Ownership, Startups, and Economic Potential in the UK
Foreign ownership of UK businesses, particularly in utilities and public services, may impact investment in the country. The lack of domestic funding for startups in the UK hinders their ability to scale up and compete globally. This reliance on foreign investors can lead to promising businesses being sold off, impacting productivity and economic growth. To unlock the UK's potential, there is a need to invest in assets that yield higher returns and stimulate growth, especially focusing on regional development. By executing these strategies, the UK can tap into its latent energy and achieve significant progress.
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