Does devolution really boost growth?


Source: newstatesman.com newstatesman.com

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Photo by Dominic Lipinski/Getty Images Keir Starmer wants the UK to have the highest rate of economic growth in the G7. It’s the first of his five “national missions”, announced last week. Yesterday he set out some of the tools Labour would use in government to try to jumpstart Britain’s anaemic economy: £28bn a year of green investment and an £8bn National Wealth Fund; a promise to implement procurement practices to privilege domestic industries and local supply chains to “buy, make and sell more in Britain”; an Industrial Strategy that promises “partnership” between business, unions and the state; reform of...