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Britain is emerging from the largest global financial crisis and deepest international downturn for almost a century. Thanks to swift government action to stabilise the banking sector, a substantial fiscal and monetary stimulus to counter a collapse in private demand, a flexible labour market that has allowed business to adapt quickly and targeted short-term help for British businesses and workers, Britain will emerge from the recession with its capacity for long term growth largely intact. British businesses and workers have shown exceptional resilience and adaptability through the toughest part of the downturn. Measured against the destructive experience of past downturns, this is a considerable achievement. It positions us well for a strong recovery, but only if we make the right decisions about the future.
This document sets out our plans for sustaining recovery and achieving tomorrow’s prosperity.
Download ‘Going for Growth: Our Future Prosperity’ (PDF, 747 Kb) (PDF, 800kb)
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