Many communities and regions across the UK are feeling left behind as a result of the deep imbalances in our economy. A more competitive and balanced economy that works for the whole nation will increase living standards, job opportunities and prosperity for all.
We must reject the new norm of 1% growth per year and raise our sights. With a new, fresh and bold economic vision, the UK can get the economy growing again at over 3% per year to meet future funding challenges and increase levels of prosperity.
Our unbalanced economy is responsible for excessive and unsustainable levels of inequality. Only with positive economic development will we create a more equal society and readdress deep-seated geographical, social and intergenerational inequalities.