Barclays CEO Urges UK to Compete for Foreign Investment
CS Venkatakrishnan, Barclays' chief executive, has warned that the UK risks losing its position as a global investment hub due to declining foreign capital inflows. The bank's report highlights that the UK’s share of international funding fell from 8.6% to 7% over the past decade and would be £2.5tn higher if it had maintained its previous level.
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Topics: Barclays CEO comments foreign investment global competition UK economy