cover image: The Shrouded Economy - David Halpern Lucy Makinson Elisabeth Costa Ben Szreter

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The Shrouded Economy - David Halpern Lucy Makinson Elisabeth Costa Ben Szreter

15 Mar 2024

The provider, Fujitsu, is now better known in the UK for the Horizon IT system it installed and maintained in the Post Office - and one of the biggest scandals of modern times. [...] Similarly, the establishment and work of the Treasury-backed Evaluation Task Force is helping to drive up the number of robust evaluations within government, pulling back the shroud of ignorance about how best to spend 45 percent of GDP. [...] The effect also continues to drive further innovations and growth, but with the exact extent likely to depend on the dynamism and innovation rate in the 15 alone are equivalent to between £5b - £23b30. [...] For these reasons, we would strongly encourage government and regulators to work with the ‘general purpose’ consumer platforms to make their outputs and recommendations available to all, and at the same time increase the range of their product coverage. [...] Resolution Foundation’s report, Ready for change: How and why to make the UK economy more dynamic, argues that the slowdown in new businesses and market change is one of the key underpinnings of the UK’s slow economic growth.
Pages
28
Published in
United Kingdom