Invest In Britain
investinbritain.bsky.social
We need a substantial uplift in public investment so we can build a strong, secure, climate-safe economy where families, businesses, and communities can thrive. https://investinbritain.org.uk/
👤 Joined on 29 October 2024
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- 29 Eki 2024, 09:25
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@investinbritain.bsky.social
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“The OBR was created for an era defined by austerity, and while it can clearly count the upfront cost of investment, it too often misses the long-term value, whether that’s a healthier workforce, better housing or modern transport.” We must reform the OBR to make way for more investment 🙌
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Great to be part of this coalition calling to review the OBR's brief to unlock much-needed investment. Under-investment in public services is not gender-neutral. Women’s unpaid work compensates for the govt’s failure to invest in social infrastructure, and they pay with their own financial security
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The OBR has been making us poorer for over a decade. They've underestimated the impact of public spending (cuts) on growth. That has helped lead to a doom loop: Cuts -> Lower growth -> lower revenues -> missed borrowing target -> more cuts etc. www.newstatesman.com/politics/uk-...
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