MPs voice fury after Labour rejects over a dozen proposals to boost UK investment

MPs have voiced their frustration after the government flat out rejected more than a dozen proposals to boost lacklustre investment levels in the UK. Members of the House of Commons Business, Innovation, Science and Trade Committee issued a list of recommendations to make the UK a more attractive destination for investment, including rejuvenating the London Stock Exchange, expanding venture capital, strengthen angel investor networks and bolstering regional banking. In response the government accepted 16 recommendations, partially accepted 18 and rejected 13. The committee said the government’s response “falls short of the coordinated reform needed” to get investment levels on a par with international competitors. Among the proposals rejected are a review to identify a second wave of stock market reforms to boost the London Stock Exchange, changes to share stamp duty and dividend tax relief, steps to grow venture capital assets, and a consolidation of public finance institutio