WEBVTT 1 00:00:00.240 --> 00:00:01.880 The UK is at a pivotal moment. 2 00:00:01.880 --> 00:00:02.800 Growth is sluggish, 3 00:00:02.800 --> 00:00:06.040 living standards are stagnating and for the first time it is uncertain 4 00:00:06.040 --> 00:00:09.160 whether the next generation will enjoy higher economic prosperity than the last. 5 00:00:11.160 --> 00:00:12.480 This is compounded by a rapidly 6 00:00:12.480 --> 00:00:15.480 shifting global landscape and rising economic volatility. 7 00:00:15.560 --> 00:00:18.240 In this context, the question of how we boost the UK's low growth 8 00:00:18.240 --> 00:00:21.360 lagging productivity and underinvestment has no easy solution. 9 00:00:21.760 --> 00:00:23.080 But here at BCG’s Centre for Growth 10 00:00:23.080 --> 00:00:24.960 in London, we see an opportunity. 11 00:00:24.960 --> 00:00:28.640 The UK has fundamental strengths, in world class R&D, cutting-edge innovation, 12 00:00:28.880 --> 00:00:31.720 a skilled workforce and globally competitive services. 13 00:00:31.720 --> 00:00:34.080 By building on these and tapping into emerging global trends, 14 00:00:34.080 --> 00:00:37.040 we believe we can rewrite the UK's economic narrative. 15 00:00:37.040 --> 00:00:39.960 For us, seizing this opportunity starts with a simple idea: 16 00:00:39.960 --> 00:00:42.960 growth comes when you do the basics better and double down on your strengths. 17 00:00:43.320 --> 00:00:46.440 But it also requires a relentless focus on delivery and execution. 18 00:00:46.880 --> 00:00:49.920 This is why we look both top-down and bottom-up, to understand the 19 00:00:49.920 --> 00:00:53.400 practicalities of how the UK can best drive the change that is needed. 20 00:00:54.240 --> 00:00:56.160 We understand the scale of the growth challenge, 21 00:00:56.160 --> 00:00:59.160 and we know it's not one that government or business can solve alone. 22 00:00:59.280 --> 00:01:02.520 That's why we bring together BCG’s global network of experts to develop actionable 23 00:01:02.800 --> 00:01:03.880 policy ideas, 24 00:01:03.880 --> 00:01:07.680 connect key decision-makers across sectors and build coalitions for change. 25 00:01:08.240 --> 00:01:11.920 The UK has the tools and the talent to get back on track. At the Centre for Growth, 26 00:01:11.960 --> 00:01:13.280 we're here to help make that happen.