Building a stronger, fairer, and more sustainable future for all.
Invest in Britain is calling on politicians to start focusing on the long-term interests of the country. This means shifting the UK towards a sustainably higher level of public investment, to build a clean, modern economy which supports families, businesses and communities to prosper and thrive.
The Challenge
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Economic stagnation
Britain’s economy is in poor health. In recent years the economy has barely grown, real wages have stalled, and families and businesses are struggling.
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Global Gap
In both the public and private sectors Britain invests far less than other countries, and we are regularly at the bottom of the investment league table. This gap is costing us dearly.
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Consequences
Underinvestment is taking a heavy toll. Crumbling infrastructure, high NHS waiting times, a housing crisis, and rising inequality.
The Opportunity
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Unlocking Prosperity
By investing strategically, we can unleash economic growth, create good jobs, and boost living standards across the country.
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Decarbonising our Economy
We can help tackle the climate crisis and build a strong, secure, climate-safe economy by investing in renewable energy and green infrastructure and ensuring a just transition for affected workers and communities.
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Rebuilding Public Services
Our healthcare, education, and social care systems are vital to everyone’s well-being. Investing in them ensures high quality public services for generations to come.
Campaign Updates
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Increase public investment or risk economic decline, top UK economists warn Reeves ahead of Budget
Letter from leading economists calls for overhaul of Britain’s fiscal rules to boost investment
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Response to the Chancellor’s first Budget
This Budget has laid an important foundation for future economic growth. The Spending Review next Spring must now be used to set out a more ambitious investment trajectory that can truly deliver a decade of national renewal.
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Reaction to Chancellor Rachel Reeves’ speech to Labour Party Conference
The Chancellor is right to say that investment is the solution to Britain’s economic stagnation and that cuts to public investment are a false economy that damage growth and undermine fiscal sustainability.
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The need for public investment is vast. Nowhere is the public sector making essential investments: we live in a land of potholes, a daily symbol of collective lack of belief in the future.
Professor Dame Diane Coyle - Bennett Professor of Public Policy, University of Cambridge
Resources
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Pre-Budget General Briefing
This briefing outlines the problem of underinvestment in the UK economy, the impact of inherited spending plans to cut public investment on growth and the economic case for raising public investment as a percentage of GDP across the parliament.
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Pre-Budget Briefing: What is PSNFL? And will more government borrowing for investment increase mortgage costs?
This briefing outlines the case for reforming the UK’s anti-investment fiscal rules and explains what a shift to Public Sector Net Financial Liabilities (PSNFL) would involve. It also sets out why claims that increased government borrowing for public investment would increase inflation and mortgage costs are based on unsound assumptions.
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The key to growth: Public investment and the new government
The UK has consistently seen one of the lowest levels of public investment in the G7 in recent decades, and has been well below the OECD average in this period as well. Reversing this trend and significantly increasing UK public investment is the only thing that can break the ‘doom-loop’ of low investment, low productivity, and low growth, boosting public services, job creation and prosperity, and helping to crowd-in beneficial private investment.
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