Britain is becoming a less attractive place to invest and risks falling behind France unless the Government becomes more business-friendly, an influential think tank has said.
The Centre for Policy Studies interviewed over 100 business leaders and entrepreneurs and found the UK’s international standing was slipping as a result of red tape, rising taxes and ministerial complacency.
“They warned that the Government has yet to put forward the policies, or produce a narrative, that makes an irresistible case for Britain as a place to do business,” the group said.
It added: “The report urges the Prime Minister to lead from the front, in the way that Emmanuel Macron does in France, or he did during his time as Mayor of London, in making Britain the natural home for investors and investment.”
Read more in The Telegraph here.
Date Added: Tuesday 31st May 2022