Economics
Dec 9, 2025
Jim O'Neill
There are five issues that any UK government must address in order to bring about a robust economic recovery, beginning with launching a process to rejoin the European single market or customs union. But rationalizing spending on the National Health Service, pensions, and welfare benefits will require considerably more courage.
LONDON – In July, I suggested that despite the gloomy outlook for the United Kingdom, two important positive signals had been overlooked outside of specialist circles. The first was Greater Manchester’s outperformance in terms of productivity growth, relative to London, which was accompanied by hints that other parts of northern England were also starting to gain.
