Net zero· Living standards· Public spending· Prices & consumption· Productivity & industrial strategy Powering Britain Can we decarbonise electricity without disadvantaging poorer families? Monday 22 April 2024 The UK’s transition towards a net zero economy requires a complete overhaul of our power sector. We don’t just need electricity generation that has been decarbonised, but a huge amount more of it as we switch away from heating our homes with gas and powering our cars with petrol. This will require a huge step … Continued READ MORE
Economy 2030· Net zero· Demographics· Firms· Living standards· Productivity & industrial strategy· Brexit & trade· Cities and regions· Economic growth· Tax· Macroeconomic policy Ending Stagnation A New Economic Strategy for Britain Monday 4 December 2023 The final report of The Economy 2030 Inquiry The UK has great strengths, but is a decade and a half into a period of stagnation. The combination of slow growth and high inequality is proving toxic for low- and middle-income Britain. The result is a country falling behind its peers, where taxes, rather than wages, … Continued READ MORE
Economy 2030· Productivity & industrial strategy· Economic growth Inventing a better Britain How does R&D fit into a new UK economic strategy? Wednesday 15 November 2023 Low productivity is the foundational cause of Britain’s recent economic malaise, and raising it is a top priority for policy makers. Public and private investment in research and development is a key route to boosting productivity and future economic growth. But businesses often complain that policy makers are failing to create an environment that encourages … Continued READ MORE
Economy 2030· Public spending· Productivity & industrial strategy Creaking at the seams Can we bring Britain’s trains, drains and mains into the 21st Century? Wednesday 1 November 2023 Britain faces a simply huge infrastructure challenge. As well as decarbonising our homes, we need to modernise our water, energy and transport networks, replacing basic infrastructure that often dates back to the Victorian era. Achieving this is likely to require major investment, regulatory reform and new institutions to drive forward change, as well as a … Continued READ MORE
Economy 2030· Firms· Productivity & industrial strategy More change please Why Britain needs a more dynamic economy Monday 25 September 2023 Change is accelerating, or so we are told. But while the world is changing, it’s far less clear that Britain’s economy is. In fact we’re seeing less industrial change, as some sectors grow and others shrink, than has been the case for decades. Fewer workers are moving jobs. This matters because, while many of us … Continued READ MORE
Economy 2030· Incomes· Productivity & industrial strategy· Labour market Risk reduction Can earnings insurance underpin a more dynamic jobs market and a more productive economy? Thursday 21 September 2023 Losing your job in Britain can be a very expensive business. Low and flat rate benefits leave many workers facing huge income falls if they face a period out of work. This gives them a strong incentive to take a new job quickly – but not necessarily the best fit for their talents. And it … Continued READ MORE
Economy 2030· Firms· Productivity & industrial strategy· Economic growth An investment nation Can Britain shift from living off its past to investing in its future? Thursday 22 June 2023 Britain is in relative decline, as productivity and wages stagnate. This reflects a decade of shocks but also a longer lasting problem – Britain has spent recent decades living off its past rather than investing in its future. In both public and private investment the UK consistently lags behind its international peers, leaving British workers … Continued READ MORE
Economy 2030· Productivity & industrial strategy· Economic growth Shaping the next revolution How can we ensure that technological change boosts our national prosperity? Wednesday 24 May 2023 Technological innovations – from new agricultural machinery to industrialisation and the invention of the computer – have powered economic progress over the past 1,000 years. But technological leaps do not automatically lead to living standards improvements, and can instead cause economic disruption and pose threats to workers. As we stand on the precipice of a … Continued READ MORE
Economy 2030· Productivity & industrial strategy· Cities and regions Stagnation Nation The role of Greater Manchester in renewing the UK’s economic strategy for the 2020s Wednesday 12 October 2022 A joint event with Resolution Foundation and Greater Manchester Combined Authority The United Kingdom is facing a decisive decade of huge economic change, from tackling the energy bills crisis, to restructuring after Brexit and the pandemic, and urgently transitioning towards a net zero future. But it is doing that against a backdrop of low growth … Continued READ MORE
Net zero· Economy 2030· Firms· Productivity & industrial strategy· Brexit & trade· Economic growth Stagnation Nation? The Economy 2030 Inquiry conference Wednesday 13 July 2022 The UK is facing a decisive decade of economic change, as we emerge from the pandemic, adjust to Brexit, and urgently transition towards a net zero future. Some hope these changes will help us overcome the stagnation that has seen the UK enter the 2020s with low growth and high inequality – be that via … Continued READ MORE
Economy 2030· Productivity & industrial strategy Mind the gap (part II) What drives productivity gaps across the UK? Thursday 30 June 2022 People’s incomes are fundamental to their living standards, and productivity is fundamental to those incomes. But Britain is beset by big productivity gaps – between North and South, and between metro and non-metro areas. Understanding what has driven these gaps and how they’ve changed over time is critical for an economic strategy that successfully tackles … Continued READ MORE
Net zero· Economy 2030· Firms· Productivity & industrial strategy Green growth: miracle or mirage? How might cutting down carbon give the UK economy a cutting-edge? Monday 23 May 2022 The UK’s net zero transition represents a major challenge for the UK, but also a major opportunity if we get it right. Many argue it could see the UK utilising its existing economic strengths to lead the way in cutting edge clean technology – creating jobs and new export opportunities. But with other countries holding … Continued READ MORE
Covid-19· Productivity & industrial strategy· Economic growth Powering ahead Raising our productivity game post-pandemic Wednesday 26 May 2021 The period between the Global Financial Crisis and the Covid-19 pandemic has been marked by chronically weak productivity across many advanced economies. In the UK that has seen weak pay growth and stagnant living standards. The Covid recovery offers an opportunity to reset this dismal productivity record, but how should policy makers do this? In … Continued READ MORE
Productivity & industrial strategy· Labour market· Economic growth ‘The Technology Trap’ Capital, labour and power in the age of automation Monday 24 June 2019 Book launch for ‘The Technology Trap’ by Carl Frey, examining the impact of technological change on the world of work and the wider economy over the last 800 years, and what the age of automation might mean for the future of work. READ MORE
