The Economy 2030 Inquiry
Shaping a decade of change
A New Economic Strategy for Britain
The UK has great strengths, but is a decade and a half into a period of stagnation. The toxic combination of slow growth and high inequality was straining the living standards of low- and middle-income Britain well before the cost of living crisis struck. In this, the final report for The Economy 2030 Inquiry, we say that it is is time to embark on a new path.
The Interim Report of The Economy 2030 Inquiry
The UK has great strengths, but is over a decade into a period of stagnation. The toxic combination of slow growth and high inequality was posing challenges for low-to-middle income Britain’s living standards even before the post-pandemic cost of living crisis struck. The task of the 2020s is to overcome this stagnation while wrestling with a decade of significant economic change. This Interim Report brings together the first phase of The Economy 2030 Inquiry’s research, focused on the state of the UK economy and the changes facing it. It draws on that analysis, but also on conversations with citizens and policy makers about their experiences of the country as it is, and aspirations for what it could be.
NAVIGATING ECONOMIC CHANGE
Lessons from abroad and history
As the UK is buffeted by the economic shocks and challenges of the 2020s, the Resolution Foundation and LSE Economy 2030 Inquiry is publishing a series of essays examining how policy makers from a range of advanced economies, including the UK in the recent past, have managed periods of disruptive economic change. As we seek to reformulate the UK’s economic strategy for new times it is vital that we learn the lessons of these comparative and historic perspectives.
ABOUT THE INQUIRY
The UK is on the brink of a decade of huge economic change – from the Covid-19 recovery, to exiting the EU and transitioning towards a Net Zero future. The Economy 2030 Inquiry will examine this decisive decade for Britain, and set out a plan for how we can successfully navigate it.
Sir Clive Cowdery
Founder of the Resolution Foundation and chairman of the Resolution Group.
Baroness Minouche Shafik
Director of London School of Economics and Political Science
Professor of International Political Economy at Harvard University
General Secretary of the British Trades Union Congress
Lord Nicholas Stern
I G Patel Chair of Economics and Government, LSE
Dame Carolyn Fairbairn
Former Director-General of the Confederation of British Industry
Kathryn and Shelby Cullom Davis Professor of History at Columbia University