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The Guardian - UK
The Guardian - UK
Business
Heather Stewart

Investment in UK’s crumbling public services is pro-growth, says pensions minister

Torsten Bell sits inside a pale blue swivelling chair
‘You cannot have a failing state and a growing economy,’ said Torsten Bell. Photograph: Linda Nylind/The Guardian

Britain’s crumbling public services are bad for business, and spending more taxpayers’ money to fix them is a pro-growth policy, the pensions minister, Torsten Bell, has argued.

Rachel Reeves has been accused by business lobby groups of clobbering the economy with the £25bn increase in employer national insurance contributions imposed in her October budget.

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