The former Bank of England’s top economist has called for “boldness” from the Government to boost investment in UK companies and help stop the exodus of British-listed firms abroad.
Andy Haldane – chief economist at the Bank until 2021 and now president of the British Chambers of Commerce (BCC) – said at the business group’s global annual conference in London the Government must take action to shift investment into UK businesses by “deploying the huge stockpile” of savings, pension and investment fund cash “more effectively”.
