Were there no Brexit uncertainty, it would be a perfect time to invest. Interest rates have only just edged up from record lows, world trade is rebounding and a weak pound means exporters are ideally placed to take advantage.
“Whatever line you take on Brexit, you can’t deny it causes uncertainty. Business will be inclined to sit on its hands,” said Douglas McWilliams, chairman of the Centre for Economics and Business Research. “The government must give companies a reason to spend.”
Here are five ways that the government can encourage investment in Wednesday’s budget and beyond. Some are more practical than others, yet with the government seemingly more interested in fighting among its members than in running the country, even some wild ideas should be welcome.
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