Budget 06: Business investment outstrips inflation

The chancellor said Britain is expected to attract business investment from abroad of £126bn by 2008

Written by Paul Grant

Gordon Brown said that business investment has been growing at 5% a year since 1997, outstripping inflation. Whereas investment was at £77bn in 1997, it is now £113bn, and will grow at 4.5-5.25% during 2007 and 2008.

Enjoyed this article? Help spread the word:

Comments

Reader comments for this story

White papers

Related jobs

Spotlight

Richard Solomons, FD of Intercontinental Hotel Group

Profile: Richard Solomons, FD of InterContinental Hotel Group

Richard Solomons is masterminding Intercontinental Hotel Group's strategy of ownership,...

PwC 10-year anniversary special report

Relive how the controversial mega-merger of Price Waterhouse and Coopers...

Make partner fast with YP

The latest edition of Young Professional features our definitive guide...

Find your next job

Find your next job
Salary Checker

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Search white papers

Search white papers

Have your say

Job of the week

More finance jobs...

Your next job