Growth Mais-day

Resolution Foundation response to the Chancellor’s 2026 Mais Lecture

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The Chancellor’s reaffirmation of her commitment to focusing on the UK’s miserable growth rate is welcome and reflects the scale of the UK’s challenge: a decade of exceptionally weak growth and a fragile outlook shaped by global risks. The Chancellor evolved her approach slightly and set out three new priorities: regional growth, innovation and closer … Continued

Yanked away

Accounting for the post-pandemic productivity divergence between Britain and America

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Britain’s record of productivity growth in the 2010s was dismal. But halfway through the 2020s things appear to have got worse not better, with official data likely understating the scale of Britain’s ongoing productivity crisis. America has been on a different track so far this decade. It is the only G7 economy where productivity growth … Continued

How to do industrial strategy

A guide for practitioners

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This paper sets out a practical approach to industrial strategy in the UK, focused on boosting private investment and productivity. It proposes twenty policy tools spanning sectors, technologies, places, funding and state capability, with a clear roadmap for policymakers.

The growth mindset

Sizing up the Government’s growth agenda

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This report evaluates the UK government’s growth agenda, focusing on policies in infrastructure, housing, and trade. It highlights potential productivity gains and suggests broader reforms to meet ambitious growth targets, aiming to position the UK as the fastest-growing G7 economy.

Ready for change

How and why to make the UK economy more dynamic

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Britain’s productivity shortfall is its foundational economic problem. Debate about this gap and how to fix it typically focus on raising productivity of existing firms, via two routes. First, innovation: investment, R&D and patenting as ways to inject new ideas into pre-existing firms. Second, diffusion: the cascading of those new technologies and improved management practices … Continued

Beyond Boosterism

Realigning the policy ecosystem to unleash private investment for sustainable growth

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The UK is a low investment nation. Low business investment is a big driver of this. Low investment is one reason behind the UK’s weak productivity growth, which in turn is the main reason behind the stagnation in UK living standards. Policy makers understand this and have made attempts to fix it. This paper, part … Continued

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