The era of economic growth is over.
Growth has come to an end. Not just paused, not just delayed – but naturally at an end.
We may find this hard to recognise or accept.
Our lives have been shaped by decades of growth, so imagining anything else is difficult. What’s happening now isn’t just a passing phase or a result of government policy choices; it is a natural development. A shift – a move from a growing economy to one that’s shrinking.
So, the era of economic growth in the UK has come to an end. We must now get used to the economy shrinking.
The industrial economy is being replaced by localism.
The PDF files on this site offer insights into the shrinking economy’s evolution. A natural, unplanned, organic process.