Out of shape: Taking the pulse of the UK economy

The 'out of shape' UK economy: A case for change

Article

Britain is a successful country. But although our economy is succeeding at the top, it faces deep troubles below the surface. The evidence presented in the report challenges the repeated view of chancellors of the Exchequer that, since the EU referendum, Britain is ‘the strongest major advanced economy in the world’. In fact, it reveals fundamental problems that can no longer be left unaddressed.

The UK’s economy is not working for the majority of the population. The geographical divide in this country is emphasised by the fact that GDP per head has not recovered to its pre-crisis peak anywhere but within London and the South East. Growth is not being fairly shared, and average household disposable income has not increased since 2005. In addition, the economy is made vulnerable by low productivity, too little investment, and the unknown risk from capital markets that have not been fully re-regulated.

{{ getQuote("id=137") }}

Brexit forces us to face up to this diagnosis, and work towards an economy that delivers what it should for the British people. It is for this reason that IPPR launched its major new programme: the IPPR Commission on Economic Justice. Over the next two years, the Commission will conduct a comprehensive examination of the British economy.

{{ getQuote("id=138") }}

Related items

  1. A group of young women laughing sitting around a cafe table

    Making space: Meeting the needs of young women and girls through Young Futures

    This is a critical moment for the government’s delivery of Young Futures Hubs, which can transform outcomes for young women and girls. 
  2. Doctor with patient for consultation, medical advice or procedure at clinic

    Building the foundations for transformation in the NHS

    The government has published a bold 10-year plan to transform England’s health system which, if fully delivered, will make the NHS of tomorrow look radically different from today’s service. 
  3. A huge overflowing recycling bin full of discarded empty bottles of alcoholic drinks

    Taking stock: Counting the economic costs of alcohol harm

    Alcohol consumption across the UK is increasing. Government and employers must act to address the health risks.