Partner Article

Broken economics

According to reports in the Guardian, Britain’s economic model, based on an “inflated housing market, ever rising consumer debts and freewheeling financial services” is broken.

While the UK has failed to generate growth in the four years since the financial crash, the Government continue to try and stimulate growth by cutting taxes and red tape to try and encourage more corporations to invest. However, the newspaper has inferred that Government efforts to improve the UK would be to introduce a “coherent industrial strategy”.

While this would be appropriate in certain parts of the country, it would not be in others and while there is no doubt it is a positive idea, would it really be feasible in practice?

Tell us your thoughts.

This was posted in Bdaily's Members' News section by Ruth Mitchell .