Blog

Blog: What we’re reading: Tuesday 20th February

by Liam Byrne MP, Chair of the All-Party Parliamentary Group on Inclusive Growth

How to create good work and inclusive growth in a 21st century economy David Burch, Policy & Research at the Centre for Local Economic Strategies (CLES) According to official government statistics, 2017 saw the British economy witness its highest period of employment since records began, [...]

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Blog: Taxing Wealth: Going after the Big Money

by James Brumby, Director of Governance Global Practice, World Bank, and Michael Keen, Deputy Director of the Fiscal Affairs Department, IMF

High and rising income inequality is a serious concern in many countries, as highlighted in the IMF’s recent Fiscal Monitor. Wealth, however, is distributed even more unequally than income, as in the picture below. Although Thomas Piketty has famously proposed a coordinated global wealth tax of [...]

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Blog: Davos Download: This time it MUST be different

by Liam Byrne MP, Chair of the All-Party Parliamentary Group on Inclusive Growth

This year’s World Economic Forum, was given a flying start by the Managing Director of the IMF, Christine Lagarde, who delivered the organisation’s first ever Davos update on the world economic outlook. For the first time since the financial crisis, economists are now forecasting that the [...]

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Blog: Business: an essential partner for creating an inclusive economy

by Tom Levitt, former MP for High Peak

When the post-war global movers and shakers came together almost 70 years ago, on a piece of philanthropically-gifted real estate in New York, they were driven to act to save the planet from war and other challenges. The then 58 members of the United Nations absorbed the International Labour [...]

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Blog: Inclusive growth through unlocking the potential of offenders

by Jenny Ames, Director at Jenny Ames Consulting, and James Crabbe, Supernumerary Fellow at Wolfson College, Oxford University

In November 2017, the UK government published its industrial strategy white paper. This sets out how businesses will be supported to grow the economy in the future. Also in 2017, the Parliamentary Work and Pensions Committee published its fifth report, Support for ex-offenders. While at first [...]

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Blog: The wealthy have been doing rather well but what about the bottom 50%?

by Deborah Hardoon, Deputy Head of Research at Oxfam

Gotta love a data release. Every year I look forward to the release of the Credit Suisse Global Wealth databook. An immense piece of work, developed over a decade and led by Anthony Shorrocks, which brings together all available data on household wealth within countries all over the world. It [...]

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Blog: The role of business in an inclusive economy

by Sacha Romanovitch, CEO of Grant Thornton UK LLP

Nearly ten years ago, in the midst of the global financial crisis, I found myself at work late into the night, planning the restructure of our firm. This was the worst thing I have ever had to do – taking decisions that I knew would have severe consequences for some of my colleagues and their [...]

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Blog: We must build on our competitive regional advantages

by Andy Street, Mayor of the West Midlands

Building on the strengths of the West Midlands “We are enjoying something of a revival in the West Midlands.  The stats for the last 3 years show that productivity in the West Midlands – measured by GVA per head – has increased by 6.8%, nearly three times higher than the national average which [...]

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Blog: How the new industrial strategy can support left behind places

by Kate Barker, Chair of the Industrial Strategy Commission

Industrial strategy needs strong independent scrutiny “You can discern strands in today’s industrial strategy that have carried on from previous governments, but nonetheless there is still a sense that new ministers have a terrible tendency to bring to a premature end the things that previous [...]

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Blog: The industrial strategy must focus on the adoption of technology

by Juergen Maier, Chief Executive of Siemens UK

“What do we need to do to create more inclusive growth? Fundamentally we need to raise wages. Then through the application of new technology – you can call it the 4th Industrial Revolution or apply other labels – can we raise productivity to support rising wages, and can we create more jobs [...]

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Blog: Britain has had a sustained industrial strategy now for almost a decade

by Lord Willetts, Executive Chair of the Resolution Foundation

“We are told that the problem with industrial strategy is that it’s always chopping and changing. There have been interruptions – there was one for a few months after the Conservative government took office in 2015 where some progress was lost, but it is absolutely back on track with Greg [...]

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Blog: Don’t depoliticise inclusive growth!

by Tony Payne, Professorial Fellow at the Sheffield Political Economy Research institute (SPERI)

That was the conclusion – both optimistic and pessimistic at the same time – that I drew at the end of a very interesting day spent in Glasgow two or three weeks ago as a delegate at what was described, with genuine national pride, as ‘Scotland’s Inclusive Growth Conference’.  It was highly [...]

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Blog: Why finance matters for inclusive growth

by David Pitt-Watson, Thinker and practitioner in the field of responsible investment and business practice

Most people would agree that a successful modern economy, particularly one which promotes inclusive growth, requires an effective financial system.  But few stop to ask how we might measure efficacy. Indeed you will search, almost in vain, amongst the writings of economists to find a single one [...]

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Blog: The social economy is missing in strategies to create more inclusive growth

by Andrea Westall, Strategy and Policy Consultant and Senior Visiting Fellow at the Open University

We therefore need to also look at how we structure economic activity, whether to improve access to and create ‘decent jobs’, or to ensure that people share more fairly in the proceeds of ‘growth’. It was for this reason that the Joseph Rowntree Foundation (JRF) funded a piece of work that I was [...]

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Blog: UK recovery now worse than after Great Depression

by Liam Byrne MP, Chair of the All-Party Parliamentary Group on Inclusive Growth

The research confirmed that the path of the recession in 1929-31 followed a similar path to the crisis of 2008-09 but the recovery over the last ten years has been much slower. Ten years after the Wall Street financial crash, Britain had left the Gold Standard and, like today, pursued a policy [...]

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Blog: Community-led and collaborative models of growth are the cornerstone of an inclusive economy

by Nat Defriend, Director of Communities at the Young Foundation

We want to return to what she said in 2016 to offer her three concrete ideas for what she should do to deliver on this critical agenda. 1) The Prime Minister talked in 2016 about combatting the entrenched advantages of the privileged few. She was right to do so. We know from our work in […]

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Related Content

Blog: Davos Download: This time it MUST be different

This year’s World Economic Forum, was given a flying start by the Managing Director of the IMF, Christine Lagarde, who delivered the organisation’s first ever Davos update on the world economic outlook. For the first time since the financial crisis, economists are now forecasting that the [...]

Read more

Blog: Business: an essential partner for creating an inclusive eco

When the post-war global movers and shakers came together almost 70 years ago, on a piece of philanthropically-gifted real estate in New York, they were driven to act to save the planet from war and other challenges. The then 58 members of the United Nations absorbed the International Labour [...]

Read more

Blog: The wealthy have been doing rather well but what about the b

Gotta love a data release. Every year I look forward to the release of the Credit Suisse Global Wealth databook. An immense piece of work, developed over a decade and led by Anthony Shorrocks, which brings together all available data on household wealth within countries all over the world. It [...]

Read more

Blog: The role of business in an inclusive economy

Nearly ten years ago, in the midst of the global financial crisis, I found myself at work late into the night, planning the restructure of our firm. This was the worst thing I have ever had to do – taking decisions that I knew would have severe consequences for some of my colleagues and their [...]

Read more