What’s Killing Productivity? Some Think It’s the Banks

📆 6/13/2023 7:15 AM
📰 WSJ

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In the U.K., bank lending for projects that boost economic output stagnated as banks shifted more capital toward housing

Photo-Illustration by Alexandra Citrin-Safadi/The Wall Street Journal; Photos: iStockLONDON—The birthplace of the industrial revolution is in dire need of innovation. Standing in the way: Britain’s mortgage-laden banks.

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