Ministers urged to up public spending on rail, green energy and digital

OECD says UK’s lack of investment since 2008 is drag on economic growth

The Organisation for Economic Cooperation and Development (OECD) has urged the British government to dramatically increase public spending on rail, green energy and digital infrastructure to support the economy’s long-term future, saying that ministers could treble their investment over the longer term.

The Paris-based thinktank, which has 34 of the richest countries as members, said the UK’s lack of public investment since the financial crash in 2008 was a drag on economic growth.

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Read the original at Economics | The Guardian.