Title page
Contents
FOREWORD 4
EXECUTIVE SUMMARY 5
A NEW APPROACH TO GOVERNMENT AND BUSINESS PARTNERSHIP 7
BARRIER 1. LACK OF COHERENT LONG TERM PLAN FOR THE ECONOMY 11
BARRIER 2. POLICY INSTABILITY 13
BARRIER 3. INEFFECTIVE INCENTIVES 15
BARRIER 4. CULTURAL IMMATURITY 17
BARRIER 5. EXCESSIVE SHORT-TERMISM IN BUSINESS 20
BARRIER 6. LACK OF SHARED INSTITUTIONS 22
NEXT STEPS 24
TABLE 1. (Omit) 15
FIGURE 1. MISSION-DRIVEN GOVERNMENT IN PARTNERSHIP WITH BUSINESS 8
FIGURE 2. GROSS FIXED CAPITAL FORMATION BY SECTOR AND TYPE OF ASSET, 2023 9
FIGURE 3. GROSS FIXED CAPITAL FORMATION (BUSINESS) PER POUND OF GOVERNMENT INVESTMENT 9
FIGURE 4. BUSINESSES AND GOVERNMENT: WORKING TOGETHER OR WORKING ALONE? 17