Resolution Foundation

Stagnation nation

Chapter One of The Economy 2030 Interim report

The country wrestling with today’s cost of living crisis, like the people, places, and firms experiencing it, has a history. Understanding where that has left the UK is the purpose of this chapter. Alongside many strengths, it argues that the Britain of the 2020s risks being defined by the combination of sustained low growth and longer-lasting high inequality. Each brings challenges, but a prolonged period of the two together risks continued stagnation, which should be the priority of policy makers to reverse.

Download a PDF of Chapter One above, or explore the chapter below.


Return to Interim Report homepage | Read Chapter Two