Why has the UK’s economy grown so slowly under the Tories?
Al Jazeera
Economic growth in the UK has slowed under the Conservative Party, held back by poor productivity.
As the United Kingdom gears up for a general election on Thursday, one issue has emerged at the forefront of voters’ minds – the state of the economy.
Since the ruling Conservative Party entered office 14 years ago, the UK’s economy has slowed dramatically.
The slowdown is particularly stark when immigration-driven population growth is accounted for and the period before the start of the global financial crisis is included.
Gross domestic product (GDP) per capita grew just 4.3 percent from 2007 to 2023, compared with 46 percent growth over the previous 16 years, according to research released earlier this month by the Resolution Foundation think tank.
That is the lowest growth rate since 1826, according to it.
