The case for relaxing UK accounting rules to boost infrastructure investment
Bloomberg reports that the Common Wealth think tank says rules preventing arm's-length government bodies from borrowing on their own account are costing Britain an opportunity to invest billions of pounds in infrastructure.
TLDR
Bloomberg reports that the Common Wealth think tank wants Britain to relax national accounting rules. The group argues that restrictions on borrowing by arm's-length government bodies are causing Britain to miss an opportunity to invest billions of pounds in infrastructure.
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