The goal of British finance minister Sajid Javid of doubling the pace of economi...
LONDON - The goal of British finance minister Sajid Javid of doubling the pace of economic growth has only a one-in-five chance of success, a think tank said, citing the huge task of snapping the country out of its chronic run of poor productivity.
The National Institute of Economic and Social Research said in a report published on Thursday that such an acceleration would be difficult. His plans to raise annual public investment by 20 billion pounds were likely to boost the level of economic output and productivity by just 0.4%, and only after more than a decade, NIESR said in a report published on Thursday.
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