The stormy economic outlook overseas creates an opportunity for the UK to act as a safe harbour for investment, writes City of London Corporation policy chairman Chris Hayward

The Chancellor has taken some necessary steps to shore up the nation’s finances, and in recent weeks major investment moves, from the Lower Thames Crossing to the ongoing work around the £70bn National Wealth Fund, signal serious backing for infrastructure investment. We welcome it. But now’s the time to go further.

The stormy economic outlook overseas creates an opportunity for the UK to act as a safe harbour for international investment. 

The City remains the engine room of the UK economy, fuelled by inward investment driving sorely-needed productivity growth in London and beyond. But we must do more. And the government’s recent announcement that HM Treasury and the Office for Investment will work in partnership with the City Corporation to create a concierge........

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