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Afternoon all, What could have been, eh? With GDP rising at 0.5% in February, unemployment falling in January and borrowing coming in below forecast, the economic backdrop to Spring could have been so different. But trouble over the water continues to derail this Government in more ways than one….and it was fascinating to hear Jeremy Hunt’s honest reflections on dealing with an energy price shock at … Continued The post Losing innovators and irresponsible retail therapy appeared first on Reso...
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Resolution Foundation (United Kingdom) | Apr 17, 2026
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The government's handling of the energy price shock demonstrates a lack of foresight, ultimately harming innovators and economic growth.
AI 번역 · 원문 보기
While borrowing is below forecast, it’s crucial to consider the broader implications of economic strategies that prioritize short-term gains over innovation.
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Despite external challenges, the UK's economy shows resilience with rising GDP and falling unemployment, indicating positive underlying trends.
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The loss of innovators directly affects the UK's long-term economic prospects, making it imperative for the government to create a supportive environment.
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Retail therapy may provide temporary relief for consumers, but it could also distract from the need for sustainable economic policies and innovation.
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