The UK’s economy has waned in recent years - low growth and productivity have been coupled with rising inflation and poverty. How can Britain’s economic model be re-built to kickstart productivity and tackle the country’s challenges?
Speakers and chair:
Charts
Figure 1: The productivity gap
Source: ONS
Figure 2: Public finances
Source: ONS
Figure 3: Inflation, 1990-2024
Source: ONS
Figure 4: Housing Construction, England and Wales, 1856-2020
Source: Watling and Breach (2023) from Holmans (2004)
Figure 5: Economic uncertainty
Source: Economic Policy Uncertainty
Figure 6: Onshore wind capacity
Source: Department for Energy Security and Net Zero
Figure 7: NHS waiting times for consultant-led elective care
Source: British Medical Association analysis of NHS data
Figure 8: Current Account Balance
Source: ONS
Figure 9: Real Weekly Earnings
Source: ONS
Figure 10: Investment, percentage of GDP
Source: OECD
Figure 11: GVA per capita, home nations
Source: ONS
Figure 12: Total fertility rate (1939-2022)
Source: ONS