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Full Description
How did the UK economy transition from being the world's
workshop to the dependent, service-driven economy of today, facing severe
negative shocks and daunting economic challenges?
In a reality check that won't be pleasant reading for
anyone hoping for a quick reset, hugely experienced economists Vicky Pryce and
Andy Ross track the UK's decline from the financial crisis to Trump's tariffs,
tackling the issues thrown up by complex topics such as the aftermath of Brexit
and Covid, environmental imperatives and deindustrialisation, growth and
welfare, an ageing population, inequality, immigration, falling productivity
and a lack of investment.
Advocating pragmatic solutions over ideological
positions, their insights and recommendations recognise the careful balancing
act of longer-term economic prosperity against the inevitable shorter-term
risks - and argue that, above all, politicians must be honest with the public.
The book offers a balanced, non-partisan view, backed by
economic theory and evidence, on what needs to be done.