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This Spring, we must go for growth

Ahead of the Spring Statement, the CBI is setting out how the government can change the growth trajectory of the UK and unlock greater productivity, innovation and investment.

28 Feb 2022, 5 min read

On 23 March, the Chancellor of the Exchequer will set out this year’s Spring Statement.

Ahead of this, the CBI launches its fiscal submission, setting out how the UK can begin to turn the tide on years of underinvestment, low productivity and instead, go for growth.

Why does the UK need to go for growth?

The latest Office for Budget Responsibility forecast showed the UK is up against challenge. UK GDP growth is set to fall to 1.3% in 2024 and the recent Bank of England forecast is

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