UK economy in growth 'doom loop' as business investment slumps versus G7 peers, think tank says

Decades of underinvestment by government and business have left Britain's economy in a growth "doom loop," according to the IPPR.

Decades of underinvestment by government and business have left Britain's economy in a growth "doom loop," according to center-left think tank IPPR.Decades of underinvestment by the government and businesses have left Britain's economy in a growth "doom loop," according to the U.K.'s Institute for Public Policy Research.

The IPPR said that U.K. underinvestment in infrastructure, research and development, skills and training had spanned several decades and successive governments, dating back to 2005. A spokesperson for the U.K. government did not immediately respond to a CNBC request for comment on the findings.

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