Return to Growth

The UK has, in recent years, been suffering from what is nothing
short of an economic crisis. Growth has now completely stalled in those western
democracies, the UK included, where high government spending and high taxes
have steadily burgeoned, decade after decade. Free-market economies now
threaten to leave us behind in terms of wealth, opportunity and standards of
living. At the end of Rishi Sunak's 2024 government, expenditure was at 45 per
cent of GDP and taxes were 36 per cent and rising - yet still nowhere near
sufficient to cover public expenditure. The government's net annual borrowing
is now a completely unsustainable 4.4 per cent of GDP, with our overall
national debt growing rapidly and alarmingly.

In this arresting and powerful manifesto for economic
change, Jon Moynihan analyses the UK's decades-long stagnant economy and looks
at what can be done to resuscitate it. Combining rigorous research with
unparalleled business experience, he explores the key dynamics affecting
economic growth, ranging from government borrowing, expenditure, tax and
regulation to the way national resources are deployed on non-productive and
futile, growth-stifling endeavours.

Ultimately, Moynihan shows that unless we act now to reverse
the decline, by radically restructuring our economy to stimulate economic
growth, the UK risks stagnation, financial collapse and a long-term
disintegration in our standard of living. Ignore his warning at your
peril.