Twelve years of the Tories has weakened our economy. We lag behind on business investment and productivity and are forecast to have the worst economic growth of any G7 economy in 2023.
The choices made by successive Conservative governments have left British families exposed during the cost-of-living crisis. Their decisions have left our public services and our economy weaker and businesses reluctant to invest.
While the Conservatives finally accept the problem, instead of taking responsibility, they are offering more of the same. It hasn’t worked in the past and it won’t work again.
Labour will take a strategic approach to the economy, investing for our long term needs and forging a partnership with businesses around the UK to tackle key challenges.
A Labour government will provide a clear and consistent policy framework that businesses can trust and prosper within.
Our industrial strategy has four central missions:
- delivering clean power by 2030,
- caring for the future,
- harnessing data for the public good
- building a resilient economy.
Labour’s clear driving mission for economic growth is fuelled by a suite of future facing, costed, practical policies. These policies will support your ambitions, inspire creativity, devolve money and power to where it’s needed, and secure prosperity for every part of the country.
Working in partnership with business, civil society and the trade unions, Labour will harness the national prosperity Britain is capable of.
You can read our strategy in full here:
Prosperity through Partnership: Labour’s Industrial Strategy