UK economy
20 March 2013
The Government is delivering ambitious structural reforms to enable the UK to compete in a rapidly changing global economy. These reforms are a key part of the Government’s economic strategy, alongside fiscal consolidation, monetary activism, and reform of the financial system.
The Plan for Growth, published alongside Budget 2011, and as part of Autumn Statement 2011, announced a programme of structural reforms to remove barriers to growth for businesses and equip the UK to compete in the global race. These reforms span a range of policies including improving UK infrastructure, cutting red tape, root and branch reform of the planning system and boosting trade and inward investment, to achieve the Government’s four ambitions for growth:
The Government has since set out further reforms including those announced in Budget 2013.
Delivery of these commitments remains a priority across Government, and as part of Budget 2013, the Government published an update of progress on all measures announced through the Growth Review so far.
Further implementation updates were published alongside the Budget and Autumn Statement in 2012, and Autumn Statement 2011: