As MPs again debate the Government’s Employment Rights Bill, new Growth Commission calculations of the potential impact of the legislation provide further cause for concern about the likely hit to economic growth. Last week the non-partisan Commission comprising thirteen international economists established a likely hit to UK GDP of £23 billion over a five-year period […]
New calculations from the non-partisan Growth Commission today reveal that despite a concession from the Government that will water down some aspects of its Employment Rights Bill, the legislation is still set to cause a significant hit to the British economy. The impact will likely represent a £23 billion GDP hit to the UK economy […]
Rachel Reeves needs to cut public spending, reverse the revenue-losing tax rises she instituted last year and pursue significant supply side reforms if she is to reduce borrowing and deliver meaningful economic growth. That is the message contained in The Growth Commission’s Growth Budget 2025, published ahead of the Budget. With the Prime Minister having […]
New calculations published today by The Growth Commission in The Impact of Brexit on the UK Economy – and the opportunities yet to be realised set out the considerable benefits to the UK economy of using Brexit freedoms to enact pro-competitive regulations which diverge from the EU rule book. The Commission’s economic models suggest that even taking into account […]
The Government’s Employment Rights Bill could cause an annual hit to growth of more than £1,000 for every man, woman and child in the UK, according to new calculations from The Growth Commission ahead of Rachel Reeves’ Budget next month. The Growth Commission – an independent body comprising more than a dozen international economists – […]
Failure to take urgent action to reverse steep economic structural decline across Europe will result in marginalisation on the global stage and declining living standards across the continent. That is the striking message contained in a new paper published today by The Growth Commission, the non-partisan group of thirteen international economists whose policy analysis focuses […]