UK economic policy in desperate need of revision
Julian Jessop writes for The Daily Express
“The recovery from the pandemic has ground to a halt. There was no growth at all in the latest three months.
“Without the productivity gains that drive growth, it will be impossible to deliver a sustained increase in wages and living standards. Without the extra tax revenues that growth brings, it will be impossible to meet the increasing demands for better public services.
“Economic policy therefore needs a reboot with a clear plan for growth, based on structural reforms that boost productivity. Among other things, this means fixing our broken planning system, cutting burdensome red tape across the economy, lowering and simplifying taxes, and making sure work pays.”
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