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The UK has great strengths, but is a decade and a half into a period of
stagnation. The toxic combination of slow growth and high inequality
was straining the living standards of low- and middle-income Britain
well before the cost of living crisis struck. It is time to embark on a new
This, the final report of The Economy 2030 Inquiry, sets out what such
a path - a serious attempt to end Britain's relative decline - looks like. It
navigates, rather than ignores, the constraints and trade-offs involved,
and is hard-headed about what it takes to drive growth and ensure
fairness. Prosperity must be built on an understanding of Britain's strengths, and
a resolve to invest in our future rather than live off our past.
4 December 2023
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This work is published under POID and is part of the CEP's Labour markets programmeEducation and skills programmeUrban programmeCommunity Wellbeing programmeTrade programmeGrowth programme.