Why the UK should look beyond growth to a ‘new economics’ that works for all

By Jasper Kenter, Professorial Research Fellow, Deliberative Ecological Economics, Aberystwyth University

The UK budget is usually a story of growth forecasts, borrowing levels and fiscal discipline. But ahead of this month’s high-stakes event, growth has been slower than expected. At the same time, as households struggle with living costs, the climate crisis intensifies and inequality persists, growth might seem like too narrow a focus.

Conventional economics – with its reliance on GDP growth – cannot respond to the global “polycrisis”. This…

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