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Post-referendum, now is the time to rebuild our economy

There is $10 trillion of global money earning negative returns, waiting for a more productive home.

We have under-invested in entrepreneurs because our venture capital industry is sub-scale, and UK businesses have underinvested in new technology to boost productivity. As a consequence there has been minimal growth in real wages in the UK (and US) for 20 years. 

This massive misallocation of resources presents a huge opportunity. We need our political, business and banking leaders to join these dots together. Much of the City appears to be going through the classic stages of grief post-referendum: denial, anger, bargaining, depression, and eventually there will have to be acceptance.

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