Autumn Statement Submission
Ian Brinkley, Charles Levy, Hiba Sameen
27 November 2012
The Autumn Statement must set out a new growth strategy focussing on science, technology, innovation and regional growth, with decisive action to channel at least £4.5bn into stimulating these areas of the economy. Without such action, Britain is on course for a decade of low productivity growth, stagnating living standards and low investment. The Work Foundation backs calls from the Campaign for Science and Engineering (CASE) and Nesta for funds from the sale of 4G licences to be invested in science, technology and innovation. It also calls for a further round of the Regional Growth Fund and for more resources to be channelled into Local Enterprise Partnerships in order drive growth in the regions.
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