UK must seize the moment to transform economy

Changing: London Waterloo railway station in the UK. The country can transform its economy via policies such as regulatory reform for investment and innovation. ─ Bloomberg

LONDON: The United Kingdom should seize the opportunity to transform its economy with a series of changes that could be worth £700bil (US$990bil or RM4.09 trillion) in commercial growth over the next decade, according to the country’s biggest business lobby.

In a speech, Tony Danker, director general of the Confederation of British Industry (CBI), argued that the nation can bounce back from the hit of Brexit and Covid-19 by encouraging decarbonisation and innovation, and levelling up its regions.