UK Should Relax Accounting Rules to Boost Investment, Paper Says

Britain is wasting an opportunity to invest billions of pounds in infrastructure by sticking to rigid national accounting rules that prevent arms-length government bodies from borrowing on their own account, the Common Wealth think tank said.

Britain is wasting an opportunity to invest billions of pounds in infrastructure by sticking to rigid national accounting rules that prevent arms-length government bodies from borrowing on their own account, the Common Wealth think tank said.