The UK’s decisive decade

Think tank: Resolution Foundation

Author(s): Various Authors

May 18, 2021

This report from UK think tank Resolution Foundation is the launch report of The Economy 2030 Inquiry.

This report marks the launch of The Economy 2030 Inquiry, a landmark collaboration between the Resolution Foundation and the Centre for Economic Performance at the London School of Economics, funded by the Nuffield Foundation. Its contention is that the 2020s look set to be the decisive decade during which the UK will need to renew its approach to achieving economic success. The seismic changes set to impact the UK economy in this decade – the Covid-19 aftermath, Brexit, the Net Zero transition, an older population and rapid technological change – need to be managed well, with those who lose out supported through the process. But these shocks will also reshape the economic context – a context which, although containing some bright spots, has been marked by stagnant living standards, weak productivity and investment and high inequality. A rebuilding of the UK’s economic strategy is needed if we are to make a success of the 2020s, and avoid a decade of continued slow growth that could leave the nation diminished and divided.