UK’s £150 Billion Funding Gap Needs Private Capital, City Says

The UK should go further to attract private investment into British assets, according to a City of London Corporation report that highlighted £150 billion ($204 billion) in unmet funding needs over the next five years.

The financial district’s governing body on Tuesday pointed to a £15 billion yearly gap in capital that smaller companies need to expand, as well as a similar shortfall in infrastructure investment.