Investment in UK 'rock bottom' of G7 nations for third year in a row (Sky)

[pellinore]

It's what happens if a country is mad enough to erect an economic wall around itself.

The economies of the US, Canada, France, Germany, Italy and Japan are all said to have attracted higher levels of funding from the private sector - as a percentage of gross domestic product (GDP) - in 2022.

The Institute for Public Policy Research (IPPR), which carried out the research, said the ranking was important because investment in things like new factories, equipment and innovations helped boost economic activity, wages and household incomes.

Dr George Dibb, associate director for economic policy at the left-leaning thinktank, said: "If the economy is an engine, then investment is its fuel.

"The UK's dire productivity performance is the single biggest driver of our dire living standards.

"Without resources flowing into new investment, it's hard to see how UK economic performance can improve."

The IPPR's report - based on an analysis of data from the Organisation for Economic Co-operation and Development (OECD) - also found the UK came 28th out of 31 members of the international group for private sector investment.

Countries including Slovenia, Latvia and Hungary all attracted higher levels than the UK.

Investment in UK 'rock bottom' of G7 nations for third year in a row (msn.com)

Edited June 18 by pellinore

[Destination Unknown]

6 hours ago, pellinore said:

It's what happens if a country is mad enough to erect an economic wall around itself.

The economies of the US, Canada, France, Germany, Italy and Japan are all said to have attracted higher levels of funding from the private sector - as a percentage of gross domestic product (GDP) - in 2022.

The Institute for Public Policy Research (IPPR), which carried out the research, said the ranking was important because investment in things like new factories, equipment and innovations helped boost economic activity, wages and household incomes.

Dr George Dibb, associate director for economic policy at the left-leaning thinktank, said: "If the economy is an engine, then investment is its fuel.

"The UK's dire productivity performance is the single biggest driver of our dire living standards.

"Without resources flowing into new investment, it's hard to see how UK economic performance can improve."

The IPPR's report - based on an analysis of data from the Organisation for Economic Co-operation and Development (OECD) - also found the UK came 28th out of 31 members of the international group for private sector investment.

Countries including Slovenia, Latvia and Hungary all attracted higher levels than the UK.

Investment in UK 'rock bottom' of G7 nations for third year in a row (msn.com)

And here's the original story from the 'Institute for Public Policy Research' (IPPR) website itself, where 'Sly News' has obviously lifted the cherry-picked bits it wants in order to fit their narrative.

Quote: "In fact, the UK has had the lowest level of investment in the G7 for *24 of the last 30 years*. The last time the UK was 'average' in the G7 for total investment was in 1990."

So in reality pellinore, investment in the UK was 'rock bottom' of the G7 nations for *24 out of the last 30 years*, and for most of those 30 years we were in the EU. "It's what happens if a country is mad enough to erect an economic wall around itself." Oh wait.!! 🤦

https://www.ippr.org/media-office/revealed-investment-in-uk-is-lowest-in-g7-for-third-year-in-a-row-new-data-shows

 

💡I know what you should do to save face pellinore.

You should do what you always do when the facts don't suit your narrative. You should completely ignore this annoyingly inconvenient bit of news ripping your pro-EU narrative to shreds yet again and create yet another bias one-sided Brexit-bashing thread that's totally unrelated to this one instead. 🤔

Edited June 18 by Destination Unknown

[Duke Wellington]

6 hours ago, pellinore said:

It's what happens if a country is mad enough to erect an economic wall around itself.

The economies of the US, Canada, France, Germany, Italy and Japan are all said to have attracted higher levels of funding from the private sector - as a percentage of gross domestic product (GDP) - in 2022.

The Institute for Public Policy Research (IPPR), which carried out the research, said the ranking was important because investment in things like new factories, equipment and innovations helped boost economic activity, wages and household incomes.

Dr George Dibb, associate director for economic policy at the left-leaning thinktank, said: "If the economy is an engine, then investment is its fuel.

"The UK's dire productivity performance is the single biggest driver of our dire living standards.

"Without resources flowing into new investment, it's hard to see how UK economic performance can improve."

The IPPR's report - based on an analysis of data from the Organisation for Economic Co-operation and Development (OECD) - also found the UK came 28th out of 31 members of the international group for private sector investment.

Countries including Slovenia, Latvia and Hungary all attracted higher levels than the UK.

Investment in UK 'rock bottom' of G7 nations for third year in a row (msn.com)

In 2023 we were second out of all the European nations: UK remains Europe’s leading destination for FDI in Technology | EY UK

Say what you like about Liz Truss, but we would be 1st in the world if her economics had stuck.