What is the Lib Dem vision for growth?
Lib Dems for Growth Board member and Co-Chair, Steve Wotton, writes for Lib Dem Voice on the Lib Dem Vision for Growth
Steve Wotton
3/5/20261 min read
Read more about Steve's article on Lib Dem Voice, a bit of a flavour of it below.
"Before writing this article I searched Lib Dem Voice for articles on the economy, economic growth and the hot topic of “abundance”. I was surprised how little the economy seems to be discussed or written about, at least as the main topic of an article. This contrasts with the uncomfortable reality that the UK is in a terrible economic position.
"UK real wage growth has been flat for getting on for nearly 2 decades. This is not news to anyone. It has had plenty of focus in the media, and from economic think tanks on the right and left. This is a direct reflection of stagnating real GDP per capita and, in turn, means that tax revenues are not growing at a rate able to keep up with the demands of our aging population. Hence Rachel Reeves finds herself in a horrific fiscal position."