Britain’s investment system is amongst the most efficient in the world in moving money from A to B. But our research finds that it is fragmented, short-termist and misdirects money in a way that does not support UK growth or innovation, and does not produce the best individual and collective returns for savers.

New Capital Consensus is a coalition of non-commercial, apolitical organisations that have come together to explore how the current UK investment system contributes to the country’s current problems of low productivity, inequality and low levels of investment.