Labour’s focus on growth, growth, growth dominated its election campaign and most recently its first King’s Speech in the last 14 years. We saw the government acknowledging the potential of technology as a force for good to drive economic growth in the UK, exampled by the move to unblock two data centres almost immediately during Chancellor Rachel Reeves’s first speech.
The first 30 days of a Labour government are off to a promising start with growth and business investment being a clear priority. However, if the government is to deliver on any of its growth objectives and missions, it must get growth going.
In the short term, Labour can do that by doing everything possible to encourage investment. In the long term, Labour must address the underlying causes of the UK’s poor productivity. To deliver on both, the government will need to harness tech and digital innovation. ...