Write to letters@thetimes.co.ukSir, The UK has a strong record of attracting global capital (“Will Starmer’s ‘mini-Davos’ jump-start investment in Britain?”, Oct 4). We estimate that there is £500 billion of “dry powder” available to be deployed in infrastructure globally, in stable, well-regulated economies. But political instability and unattractive regulation have seriously damaged the UK’s reputation over the past two years. While Labour’s majority should ease political uncertainty, the regulatory environment remains a red flag — especially after investors’ recent experience in the water sector. If the UK wants to attract private capital, it must ensure that regulated sectors offer competitive returns.

Source: The Times October 11, 2024 23:04 UTC