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UK governments are not good at putting the amount into capital investments that they say they are going to.
Via Graham Watson
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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics |
Scoop.it!
Via Graham Watson
We've never really been any good at infrastructure spending, and this article looks at why that the case, with input from a range of people, not least Sir John Armitt, chairman of the National Infrastructure Commission.
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In part, it's the nature of our politics. However, the economic effects of this underspending are adverse and if we are going to maintain our global competitiveness, it's something that he UK will have to tackle.