News & Views
UK Election Analysis: Is the Conservative Manifesto Good for Growth?
Demographic Impacts on Economic Growth
In this paper, we focus on the demographic impacts on economic growth. The demographic shifts here mean that the share of the old cohort in the total population increases or the average age rises over time because of increased life expectancy and a decline in fertility. Of these two forces, the significant decrease in the […]
British households to become £2400 poorer from new EU-style tax
New Research from the Growth Commission’s Spring Growth Budget says an EU-style Carbon Border Tax to be implemented by 2027, with second round of Government consultations to be launched tomorrow, will further damage UK growth. An EU style carbon border adjustment mechanism (CBAM) will increase the costs of goods including iron, steel, aluminium, fertiliser, hydrogen, ceramics, glass and cement […]
The Spring Growth Budget 2024
This report sets out policies which we believe will return the economy to a respectable pace of economic growth and permit GDP per capita to rise, meaning that the gap between the UK and US levels of GDP per capita will fall from the current 64% to 35% by 2045. In this budget we describe the policy changes which we believe will be necessary to transform the economy and generate faster economic growth in per capita terms.
The Growth Budget 2023
This is the first Growth Commission Budget where we put forward carefully costed proposals as an alternative approach for the Autumn Statement to be held on 22 November 2023. The report is built on modelling approaches which take into account behavioural changes likely to result from the policy changes and look explicitly at the likely impact on GDP per capita over the longer term up to 20 years.