2min chapter

IFS Zooms In: The Economy cover image

How to grow the economy

IFS Zooms In: The Economy

CHAPTER

The Dominance of Services and Investment Challenges in the UK Economy

This chapter explores the critical role of services in the economy, highlighting that they make up 80-85% of economic activity. It also addresses the impact of short-termism in investments, particularly in the UK, and the significance of high-value services for exports and growth.

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