It is not inevitable that the economic malaise of the past 20-30 years will continue over the next decade. Some of the cyclical forces that have lowered the UK’s economic growth rate will fade and new structural ones, such as Artificial Intelligence, may deliver a long-lasting boost. The new government, however, can’t sit back and hope for the best. It’s economic priorities should be raising investment and savings, as well as the size and quality of the labour force.
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