Making the most of 2021

By Iain Parker2021-01-29T06:00:00

We have a chance to reboot the industry by embracing technology and focusing on doing simple things well, says Alinea’s Iain Parker

With covid-19 induced uncertainties, the chancellor of the exchequer’s autumn budget was abandoned last year in favour of a spending review, with a shorter time horizon of one year and the deferment of some major spending decisions until this year.

The chancellor told us that the UK economy would shrink by 11.3% last year, the biggest contraction in 300 years, and that overall debt would exceed 100% of GDP – not a great story.

However, the spending review reflected the government’s commitments to reduce inequality between London and the rest of the country, to invest in infrastructure, to push a green revolution and to make the UK more competitive in a post EU world.

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