Our economy is deeply unbalanced and lopsided, which is driving increasing levels of inequality. We have deindustrialised at a rate incomparable to any other nation. Our economy is not growing enough, at around 1% per year, to support future funding challenges.
These problems are deep-seated, and the combined effect has left millions of people no longer feeling better off than their parents and left behind with little, if any, confidence in our economic and political system.
If we want to create a better, fairer, more prosperous nation that can compete with the rest of the world, these issues urgently need readdressing.
By building a cross-party partnership of legislators and business leaders, The John Mills Institute for Prosperity initiative seeks to provide Britain’s policymakers of today and tomorrow with new, innovative and fresh ideas to unlock the UK’s true growth potential.
We have a simple aim; to increase prosperity, growth, and equality for everyone, especially the left-behind communities across the UK, by putting a more successful economic future at the heart of British political discourse.
By changing policy to encourage much more investment in industry, manufacturing and technology, The Institute for Prosperity believes we can jump-start Britain’s economy to deliver higher levels of productivity, standards of living and economic growth.