The content originally appeared on: CNN The Confederation of British Industry said in its latest forecast that a 'short-lived recovery' in capital spending would end in 2023 because of tax hikes on companies. Investment in the United Kingdom has lagged that of other advanced economies for decades, and the business lobby group's forecast will deal a blow to Prime Minister Boris Johnson's aspirations for building a high-wage and high-productivity economy. Business investment would briefly rise above pre-pandemic levels by the […]
