The Capital Markets of Tomorrow (CMOT) report and the CMIT conference were a reminder of the crucial role of capital markets in delivering productive investment and inclusive growth. #TheCityUK
Today, CMIT - Capital Markets Industry Taskforce announced the publication of the Capital Markets of Tomorrow (CMOT) report, which intends to create a model for the UK’s capital markets that will deliver long-term growth for the country’s economy. Led by Sir Nigel Wilson, and published at the second annual CMIT conference – which celebrates the progress made on UK capital markets, as well as considering the critical work ahead in boosting investment in UK markets – the CMOT report helps quantify the scale of additional investment needed to help the country deliver its targeted economic growth rate. The report found the following: ▶ £1 trillion of additional investment needed over the next decade to meet growth rates; ▶ Significant further investment required in under-invested sectors, incl. extra sums of £20-30bn for housing, £50bn for energy, and £8bn for water; ▶ There will be a large demand for venture capital – in the region of £20-30bn over the decade In response to this, the report has outlined four priority areas to drive this agenda forward: including maximising the green opportunity, creating a UK advantage, restoring the UK’s risk appetite, and restoring the power of UK retail investors. You can read the full report here: https://lnkd.in/eFf_-yGa