Positive cash flow is the key to sustainable economic growth for any participant in the economic process, be it a government, bank, company or individual. The UK government, the banks, individuals in general, and the overseas importers are currently not in a strong enough cash-flow position to spend more. This leaves pension savings cash flow as the only viable non-inflationary source of funds for economic expansion.
If the government, the private sector and pension fund managers can agree to work together then this economic easing scheme would help to ensure that companies have the funds available to expand in the most economically sensible way: by increasing share capital ringfenced for longer-term growth investments. It will also facilitate a more efficient deployment of pension savings cash flow in the company sector, a desirable objective for long-term pension savers.
Snakes and ladders: Tackling precarity in social security and employment supportAcross the country, people are trying to make ends meet, build financial security and pursue their aspirations. But, in a vicious cycle of snakes and ladders, many are being pulled down into poverty.
Making markets: The City's role in industrial strategyTo tackle climate change, we need a significant increase in public and private capital investment.
Broken hearted: A spotlight paper on cardiovascular diseaseProgress on cardiovascular disease was a significant driver of better health and prosperity in the latter half of the 20th century, however progress has recently stalled – with indications it may be in reverse.