Resolution Foundation Podcasts

A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation. This national picture is also reflected in cities across the North East. These cities have built on their industrial heritage to become hubs for economic development, with economic strengths in subsea technology, games development and medical science – helping to reduce its ‘jobs gap’ with the rest of the UK. But there are also high levels of deprivation and low levels of productivity, so the region won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. What should a new national economic strategy for Britain include? How will economic change affect the jobs we do, the places we live and the businesses we work f