Fruits of Labour: How Britain's next government can encourage growth

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  The Economist. Hi, John Pridow here.

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  I host Checks and Balance, our podcast on US politics.

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  Welcome to Editors Picks.

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  Here's an article from the latest edition of The Economist,

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  handpicked by our team and read aloud.

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  I hope you enjoy it.

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  Stagnation is miserable, as Britain has discovered.

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  The parliament that ended last month may have the unwanted distinction of being the first in at least 60 years to leave the average Britain worse off than when it started in 2019.

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  A repeat of this sorry feat over the next term is unlikely.

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  The country would be unlucky to face blows to rival the impact of Brexit,

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  Covid-19, and the Russian energy shock.

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  Inflation is falling.

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  Interest rates should soon start to come down.

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  But doing a little bit better is not enough for Britain's or their next government.

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  Barring a last-minute collapse in support or a catastrophic polling error,

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  that government will be formed by the Labour Party under Shakir Starmer.

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  The campaign so far has solidified Labour's large poll lead over the beleaguered Conservatives.

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  The decision by Nigel Farage to take the reins of Reform UK,

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  a challenger party, has intensified the threat to the Tories from their right.

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  Increasingly, therefore, the question is not who will win,

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