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UK ‘needs £1tn investment over 10 years to hit economic targets’

To achieve 3% annual growth, £100bn a year must be found for key sectors like housing and energy, City taskforce finds

The UK needs £1tn of fresh investment over the next decade if the government is to hit its economic growth targets, a City taskforce has said.

The Capital Markets of Tomorrow report, led by the City veteran and former boss of Legal & General Sir Nigel Wilson, said that in order to achieve at least 3% annual growth, the UK would have to attract around £100bn of investment per year, divided between key sectors.

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