Reviewing politics
and culture since 1913
A proper strategy could fundamentally alter the nation’s trajectory
By Mohamed El Arian
While the UK’s immediate economic focus has understandably been on last month’s budget, a more consequential development is taking shape in Britain’s growth strategy.
Don’t get me wrong. The UK budget involved difficult choices that went beyond the tough decisions the government had to make on revenue, spending, and fiscal headroom. Yet, as important as the budget was, its longer-term implications pale in comparison with the government’s approach to the all-encompassing challenge of generating more growth in the economy.
About the Author
