UK Loses Competitiveness and Faces £560 Billion Investment Gap
- Business leaders are ‘losing confidence’ in the UK, IMD says
- Government incompetence, work culture, immigration laws cited
This article is for subscribers only.
Britain has fallen six places down the global economic competitiveness rankings because business leaders have lost confidence in the country, due in part to “government incompetence.”
The annual World Competitiveness ranking from the International Institute for Management Development saw the UK plunge from 23rd to 29th out of 64 countries.