Overcoming stagnation: A new strategy for economic prosperity in Britain?

Economic growth in the UK has been sluggish ever since the global financial crisis. More recent large-scale disruptions caused by Brexit and Covid-19 have created additional challenges to growth and the vital public services, institutions, and fiscal measures that underpin it. Productivity and public investment remain low. Meanwhile, stalling wage growth and the cost-of-living crisis continue to eat into households’ disposable income, discouraging spending while also deepening economic inequalities. What policies might underpin a new vision for prosperity – one that focuses not purely on growth but also ensures that economic gains are widely shared and environmentally sustainable? This IPR panel discussion featured Torsten Bell, Professor Dame Diane Coyle and Dr Anna Valero. It took place on 25 April 2024. Hosted with Resolution Foundation.