"The report presented by GFC, Financing Investment: Interim report, provides us with a meticulous investigation of the failure of British capitalism to invest productively to deliver better productivity, incomes and employment.  The report exposes the failure of the UK banks to direct lending into productive sectors instead into speculative financial and unproductive property assets.  Thus, UK productivity performance is extremely poor, R&D spending is low and innovation is limited."

Labour's interim report pn the UK economy