The Economy 2030 Inquiry Ending Stagnation

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“The Economy 2030 Inquiry: Ending Stagnation” is an extensive report that addresses the critical need for a new economic strategy in Britain, focusing on overcoming a prolonged period of stagnation characterised by slow growth and high inequality. The report emphasises the underutilisation of the UK’s significant strengths, particularly in the service sector, and the widening productivity and income disparities within the country. It advocates for a shift from low to high-productivity industries, enhanced trade strategies, increased investment in both public and private sectors, and the development of higher-quality jobs. The report underscores the importance of a comprehensive and realistic approach, incorporating goal orientation, understanding of the economic context, and acknowledgment of necessary trade-offs, to revitalise Britain’s economy and ensure long-term growth and equality.