UK Faces Economic Struggle Without Vision for Growth

• Britain has a major economic growth problem that is not being adequately addressed by the current government or the opposition. This threatens long-term prosperity.

• Brexit has been a disastrous distraction from tackling the deep structural economic issues the UK faces.

• Historically, countries have only achieved rapid economic transformations after an economic crisis creates the political will for major reform. The UK may need to decline further before there is support for change.

• Successful economies typically have high domestic savings and investment rates. The UK has low savings and high consumption, mortgaging the future to prop up the present.

• The main political parties are focused on short-term measures like tax cuts rather than long-term reform. There is no clear economic vision being presented to voters.