UK Should Invest in Energy Over Rail For Growth Boost, BCG Says

UK ministers should focus their investment splurge on energy and digital infrastructure rather than road and rail in order to get the biggest boost to economic growth, according to new research.

A report by Boston Consulting Group found that a 5% increase in Britain’s energy infrastructure would lift long-run economic growth by almost half a percentage point. That would be similar to the boost from digital infrastructure such as mobile connectivity and bigger than the impact from investment in road and rail where the government is pumping in tens of billions of pounds.