Britain’s pro-growth agenda needs a rebrand to convince reluctant voters

City AM

Deputy Director Adam Hawksbee writes in City AM about growth in the economy. He writes:

“There is thankfully one thing that everyone in Westminster appears to agree on: growth. One of Rishi Sunak’s five pledges is to get the economy growing. Rachel Reeves has criticised the UK’s “high tax, low growth spiral”. Liz Truss launched her new Growth Commission last week, ostensibly to provide alternative economic forecasts to “doomsters” at the OBR.

But when it comes to making difficult policy decisions, growth often gets sidelined. The necessary steps on planning, regulation and investment are ducked or fudged. And all the while, the UK is getting left further behind: the average American could stop working on September 27 and they’d still be richer than the ordinary Brit. The country urgently needs a serious pro-growth consensus – and building it might mean abandoning the word “growth” altogether.”

You can read the full article here.

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