A build-up economic strategy: How much growth could the Government’s reforms deliver?

The past 15 years of economic stagnation has caused families’ living standards to flatline, and the new Government is right to put ‘kickstarting’ growth at the heart of its agenda. Already, Ministers have set out what many of their pro-growth reforms will be – from reforming planning rules to delivering 1.5 million homes, to setting up Great British Energy, devolving more power to City mayors, and creating a new deal for workers. Delivering these policies is a huge challenge in itself – but will they do enough to kickstart growth?

How big an effect can these reforms have on growth and productivity? How can policy makers ensure the biggest economic bang for their buck? Are there important pro-growth reforms that the Government is missing out on? And what might the combined, long-term effect of these reforms look like in terms of the size of the UK economy by the end of the decade?