The New Statesman | UK politics and culture
What does Labour's "growth worth having" actually mean?
Jul 12, 2024
Labour's growth strategy aims to differentiate from Boris Johnson's 'levelling up'. They discuss rising star Labour MPs, impact of government plans on personal finances, and how polling affects election results.
15:06
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Quick takeaways
- Labour focuses on regional economic equality by promoting GDP per capita growth in each area.
- Wage growth is a key indicator of economic success for Labour, aiming to improve living standards.
Deep dives
Labour's Economic Growth Plan
Labour aims to achieve two years of highest growth in the G7 to demonstrate a positive trend. They emphasize increasing GDP per capita growth in each region to promote economic equality across the country and focus on productivity growth for individual workers. This plan aims to distribute economic growth nationwide, moving away from centralization and financial services reliance.
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