Growth strategy pains, trains and regional deals

Of all its manifesto pledges, missions and milestones, Labour has been most keen to tell the public that it is ‘going for growth’. But does the government have a robust and well thought-through plan to deliver that growth? Or is it, like so many before it, struggling to really take the ‘tough decisions’ required to drag UK GDP growth rates up to meet – and indeed surpass – those of our fellow G7 nations?

This government has not been short of plans and strategies, but what it has not produced is a strategy for growth that helps it make hard choices nor the right support in place for the PM to follow through on them. This is a problem, as a new paper out this week from IfG and Imperial College London explores.

Meanwhile, regional inequalities are one barrier to growth, and transport is both a symptom and a cause of this. Many regions lag far behind the capital on funding and transport connectivity, preventing people from getting new jobs, travelling to existing ones or otherwise moving about the country – all harming productivity. The authors of another new IfG report, supported by Arup, join us to discuss their findings – including a case study of the mayor of Greater Manchester Andy Burnham’s work on the Bee Bus Network.

Featuring guest Soumaya Keynes, economics columnist for the Financial Times.